Sending money to Poland? Here’s everything you need to know...
During current circumstances, you might not be able to spend time with your family. Because of this, sending money to your family for support or as a gift is more important than ever. Especially during the Holiday seasons.
So,what better time to look at the different ways that you can send money to Poland to make sure you pick the right one for you.
Different methods of transfer suit different people, so if you're looking for a change or to send for the first time, this is a great guide for you.
In this blog we will talk you through those different methods and look at the simple steps required for each.
What are the most popular ways to send money to Poland?To make sure we are constantly improving the service to those who send money to Poland, as well as other countries across the word, the team at Small World report on: How customers send, when they send and what the most popular methods are.
Let’s have a look at some of these:
1. Cash pick-up
Money can be sent for collection at any one of our 17,325 locations across Poland. This is a popular option for recipients without a bank account and for those who prefer traditional cash as opposed to digital money.
2. Bank Deposit
Polish Złoty or Euros can be deposited directly into a bank account to arrive with your recipient within minutes. Normally faster than cash pick-up but this requires your beneficiary to have a bank account.
Once you have set up an account with Small World you can immediately start to make your first transfer.
How to send money to Poland online – a step-by-step guide1. Select ‘Poland’ as the country to send to, choose the type of money transfer/payout service you will be using and the currency you will be sending (Polish Złoty or Euro).
2. Enter the details of your beneficiary including their name, email address and mobile phone number.
3. Depending on the payout service you are using, enter your recipients IBAN number or the address of the pick-up location.
With more people than ever using smartphones, you can also use the Small World app. It only takes two minutes to set up an account and you’ll then be able to send and monitor your money transfers.
This blog will take you through the stages needed to get started.
There is also the option to send money in person at a Small World branch or through one of our agents.
You can find your nearest branch here or you can contact us for the details of your local Small World agent. Finally, you can transfer money over the phone with the help of one of our call centre operators. The number to call from the UK is 020 7407 1800.
Is it a good time to send money to Poland?
With the Polish central bank cutting interest rates to almost zero back in May, it is a great time to send money back to Poland send money back to Poland.
You can read more about how this impacts money transfer in this blog. One of the major effects is that the value of Złoty (PLN) will depreciate and therefore money sent from the UK will be worth more to your friends and family.
Another positive factor is that sending money has never been faster nor easier. By choosing bank deposit as your method of transfer your recipient can receive money in just a few minutes. Don’t forget you can send bank deposit in a few different ways as well. Check out which is best for you in our recent article on the fastest ways to send to Poland.
What else should you know about remittance when sending with Small World?
It is cheaper to send money with us than to use a bank. We offer better exchange rates and lower transfer fees, which we are also constantly checking against our competitors.
In order to give our customers even more value for money, your first digital transfer with us is also transfer-fee free. With so many options available to your recipients it has never been easier to send money to Poland.
The most popular ways to send money to Poland:
- Cash Pick-Up
- Bank Deposit
Our main partners in Poland are Bank Polski, Bank Pekao, Bank Zachodni WBK, ING and mBank.