How to Transfer Money to Europe from Australia with e-Pocket

Transferring money to Europe can sometimes feel like a daunting task, especially given there are so many providers. However, when you find the right company, transferring funds overseas can be quick, affordable, and seamless. At e-Pocket, we don’t just specialise in global money transfers, we specialise in transfers to Europe. We have no transfer limits, no transfer fees, no hidden fees and highly competitive exchange rates.

In this blog, we’ll explain everything you need to look out for before choosing your provider. We’ll then walk you through the process of transferring money to Europe with e-Pocket. This way, you can feel confident that your money will reach its destination safely, and you will only pay what you should.

Transferring Money to Europe: What to Consider

To ensure you get the best deal on your money transfer to Europe, consider the following:

Look for a Good Currency Exchange Rate

When transferring money overseas, the exchange rate is critical in determining how much money the recipient will actually get. Even a seemingly small difference in the exchange rate can make a big impact on the final amount. This is even more noticeable when you transfer a large amount. With e-Pocket, you have access to competitive exchange rates, ensuring that your transfer is as cost-effective as possible. You can learn more about exchange rates in our Mid-Market Exchange Rate blog. Of course, many companies sneak money out of you on fees. Let’s take a look at that now.

Check the Fees When Sending Money Overseas

Fees can turn a high-value transfer into a high-expense transfer. Unfortunately, banks usually charge exorbitant fees on money transfers. According to the World Bank, “sending remittances costs an average of 6.65 percent of the amount sent” globally. This is a very confronting number, and is largely the result of bank fees. But at e-Pocket, we pride ourselves on charging no transfer fees*, so a significantly higher portion of your money actually goes to the recipient. We also believe in complete transparency, so we have no hidden fees. When you use our exchange rate calculator, the numbers are actually correct. You will not get to the end of the transfer process and suddenly find an extra fee has been added.

Use the Cheapest Ways to Transfer Money to Europe

When looking for the cheapest ways to transfer money to Europe, it’s important to compare options. We have already established that many banks charge high fees. If fees are your major concern, there are many different money transfer options you can use, like dedicated remittance companies. However, because e-Pocket charge no transfer fees, it is very rare to find a cheaper option than us. When you combine this with our other benefits, e-Pocket becomes the top choice for Australians transferring funds to Europe.

Consider Transfer Speed

When moving money across international borders, transfer speed can be important. With e-Pocket, our uncomplicated transfer process allows you to complete your transfers quickly and efficiently. This means your recipient will typically get their money within a short time frame.

Review Transfer Limits

You should also be very careful of transfer limits imposed by other companies. Some services impose transfer limits, which could be inconvenient if you need to send a large sum. At e-Pocket, we pride ourselves on finding a way to get whatever amount you’re sending to its destination.

Reliable Technology

With advanced technology at our core, we make the process of transferring money overseas smooth and reliable. Our easy-to-use platform ensures that you can manage your global finances wherever you are.

Customer Service

We understand your money transfer service should be contactable for any questions or enquiries you may have. For this reason, e-Pocket has set up a dedicated customer service team available to discuss anything relating to your money transfers.

Whether you’re sending money for business transactions, family support, or paying for an international purchase, e-Pocket is easy to contact to make the process easy.

How to Transfer Money to Europe with e-Pocket

Transferring funds to friends or family, or even to make business payments is a simple process. Here’s how to send money overseas:

Step 1: Create an e-Pocket Account

If you haven’t already, the first step is to create an account with e-Pocket. Signing up is a fairly intuitive process that requires you to provide some personal details and complete the KYC (Know Your Customer) process. You can always give us a call on 03 9125 8547 for any assistance.

Step 2: Set Up Your Transfer

Once your account is active, you’re ready to start completing transactions. You’ll need to provide the recipient’s details as prompted. Be sure to always double-check this information to avoid any errors in the transfer process.

Step 3: Confirm You’re Happy With the Details

Before confirming your transfer, double-check the fees, exchange rate, and anything else that will help you feel assured you want to make the transfer. Once you’re satisfied with the deal, you’re ready to go.

Step 4: Send Your Transfer

Now you can authorise the transfer. With our simple interface, the process should be quite efficient.

Conclusion

Transferring money to Europe doesn’t have to be complicated or expensive. By using e-Pocket, you can benefit from dedicated customer support, no transfer fees, and good exchange rates on every transaction. Whether you’re transferring funds to family, paying for international purchases, or handling business transactions, e-Pocket makes sending money easy, cost-effective, and fast.

If you’re ready to transfer money to Europe, sign up with e-Pocket today. You can also download the e-Pocket app on Google Play or the App Store.

*e-Pocket charges no transfer fees at the time of publication of this blog.