4 Apr 2013

Bleg: What's the best way to transfer EUR to USD?

I need to send 5,000 EUR to the US from the Netherlands and get a good rate AND low fee.

Addendum: I've looked at Paypal (2% fee, not including redemption charge) and I'm interested in Bitcoin, but that may be too tricky (illiquid).


Anonymous said...

the cheapest way is to have an account in holland and one in the USA. I have an account with RABO bank, they do a lot of international transactions. You bank in the USA has to have international transaction capabilities. If they do not, the small bank in the USA has to use a bigger bank to accomodate the international transaction, which will add $$$ to your transaction fees.I use 5/3 Bank. I add 5/3 account profile (international routing number, your account number and other details to my RABO bank account. Create the transfer. DONE. Minumal charges.

Anonymous said...

If you do not have an account, you can also create an account with Western Union if you do not want to go through the trouble of opening an account with a bank in Holland.

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