Send Money to Italy with Teeparam Exchange
Teeparam Exchange provides the most convenient experience for making an international money transfer with its advanced ecosystem and sophisticated user interface at affordable rates.
Sending money from the UK to Italy is now quite simple. Although executing an international money transfer order may seem difficult, it's actually rather simple if done correctly. Many individuals sometimes wonder which is the best choice when transferring money: doing it online or going to a bank office in person? Teeparam has revolutionized international money transfers, which has altered all of this. Simply visit our website and complete the information, do a KYC and execute the transaction.
Teeparam Exchange ought to be your first choice for doing so if you're trying to send money to Italy. You get the greatest exchange rates through Teeparam Exchange, and you spend a lot less on Teeparam than you would if you went to the banks in person. Additionally, Teeparam ensures that the transfers are completed as quickly as feasible. Since we value complete openness at Teeparam, you only pay for what you see on the screen. Now that the entire remittance procedure is online, you may avoid having to go to the bank in person.
How long will It take to send money to Italy?
Teeparam may transmit your money on a number of well-traveled routes within two business days. Various payment options or standard checks may occasionally impact the transfer delivery time. You may follow every stage on your account, and we'll keep you informed at all times with our online tracking system.
Effective Modes to send money to Italy from the UK
Wire Transfer (Swift Transfers)
The simplest and most effective way to transfer money from the UK to Italy is by wire transfer. Although banks perform internet wire transfers, using the services of businesses like Teeparam is more affordable. You will receive a better rate from these online money transfer providers than from banks. Wire transfers, however, can be pricey. In a wire transfer, the bank will not deliver the funds immediately; instead, it will start the transaction from the bank account of the partner bank. In addition, service fees will be charged by the affiliated banks to complete the transaction.
Demand Drafts (Money Orders)
Demand Drafts are actual paper draughts issued in particular foreign regions. A wire transfer is substantially more expensive than a demand draft. The foreign bank receiving the funds does not require payment of any fees. You can save a lot of money by doing this.
Demand drafts have the disadvantage that sending money to Italy takes a lot longer than it does with wire transfers. Due to the physical mail required to send the demand draught, the time it takes for the receiver to receive the money may be longer. Demand Drafts will not be suitable for emergency situations. Demand Drafts are efficient and effective only for pre-planned transactions.
Send Money to Italy in a few simple steps
- Step 1: Visit our website or download our mobile app, which is available in both Play Store and App store.
- Step 2: Sign up with the required details.
- Step 3: Complete your KYC.
- Step 4: Check the market feasibility for effective rates.
- Step 5: Enter the recipient's details.
- Step 6: Enter the amount you want to send along with the transaction fee.
- Step 7: Know the amount the recipient receives after the transaction cuts using our built-in calculator.
- Step 8: Initiate the transaction.
- Step 9: Know the status of your translation with our online tracking system.
Frequently Asked Questions
We are regulated by Financial Conduct Authority in the UK. It is our legal binding to verify your identity as a UK resident.
Bank Transfer to our business account and payments made by using credit or debit cards. Bank Transfer is the recommended and preferred method of payment. There may be restrictions on credit and debit card payment as well as there may be a fee charged on top. We strictly do not accept Bank Deposits.
Yes. We send email notifications to keep you informed. You can even view the transfer status by signing in into your Teeparam account.
Transfer usually takes few hours to couple of days depending on the recipient’s bank. Delivery time may also be affected by UK or recipient country’s Bank Holidays.
Teeparam’s pay-out partner bank/agent may have completed the transfer process but the recipient’s bank would not have displayed it in their account. Please allow couple of hours to be displayed, if the problem persists then please contact our support team. We will make sure money is with your recipient as promised.
There is no restriction on the number of recipients you may have on your account.
Please login in to your account and under My Account you will find document section where you can upload the document.
Bank Transfer to our business account and payments made by using credit or debit cards. Bank Transfer is the recommended and preferred method of payment. There may be restrictions on credit and debit card payment as well as there may be a fee charged on top. We strictly do not accept Bank Deposits.
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