Article by Mozo
You can’t blame any friends or family who have packed up their lives to move to France, be it for pleasure, studies or business purposes. Who wouldn’t want to live in a country with a rich cultural history, delicious cheese and wine and speak the language of love!
As jealous as you may be of any friend or relative living in France, you never know when you might find yourself in a position needing to transfer them money. You may want to send money as a gift, fund tuition fees or help pay for a medical emergency. One day the tables might turn and you need to transfer money for an investment property you’ve purchased in the French Riviera and plan on living in once you’ve retired! Whatever the reasons, business or personal, making an international money transfer to France can be done safely, securely and economically through a foreign exchange specialist.
If you’re actually planning on travelling to France for a holiday or business trip, this guide isn’t for you - head over to our travel money section where you can compare everything from prepaid travel cards, exchange rates, holiday insurance to overseas debit card fees and travel credit cards.
When it comes to finance, some aspects can be quite complex and confusing to say the least! There’s good news though, you don’t need to be a finance guru to make an international money transfer to France, it’s is a fairly straightforward process. Here’s how your Australian dollars transfer to Euros:
There are a range of services you can use to convert your Australian dollars into Euros – banks, foreign exchange specialist and standard wire transfer. The way that works best for you will depend on the amount of money you are dealing with and how frequently you need to make transactions.
Before booking a transaction make sure you’ve compared the day’s best exchange rates right here!
Make sure you do a thorough comparison of several providers to make sure you get value for money when sending funds to France. Click here to save and compare international money transfers.
Mr and Mrs Jones have always had a love for France and have dreamed of owning a property in Bordeaux, amongst the vineyards! After years of savings, they finally have enough money to turn their dream into reality. They’re very close to purchasing a property but first the Jones’ want to do some research as to the best way to transfer the deposit to France.
As the deposit is a large sum of money and the transfer is a one off, Mr and Mrs Jones learn that they will save a lot of money by opening up an account with a foreign exchange specialist to send the money. This way they’ll secure a great exchange rate with low fees and won’t lose half the deposit at sea during the transfer. Their bank in Australia was going to offer a poor exchange rate and charge exorbitant fees for a one off transfer.
For one off transfers under around $200, PayPal is a fast, reliable and efficient way of sending money. Both the sender and receiver need a PayPal account in order for this transfer to happen. For small amounts it may also be convenient to just use your local bank. Remember though, banks don’t offer a very attractive exchange rate
As part of Jessica’s final year of her international studies degree she has chosen to study abroad in Paris. Too busy to uphold a part time job while studying, Jessica requires regular pocket money for living expenses and additional university costs while she’s in Paris. Her parents back in Australia have been kind enough to support her by sending money to France every fortnight. After doing some research, Jessica’s parents couldn’t look past a foreign exchange specialist to make the regular money transfers to France. These providers will save you time and more importantly money. They’re also likely to offer you flexible options to accommodate your needs.
Make sure you read our guide on the common mistakes made when moving cash overseas.