Send Money To Finland

Personal
Business
From
United States Flag
United States
USD
To
Finland Flag
Finland
EUR
1 USD equals
0.938 EUR
Updated on September 21, 2023
 
How much to transfer?
$1-$1k
$1k-$10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+
Promo Offer Available
Super low 0.4% margin for new customers referred by iCompareFX. Simply click GO TO SITE and register.

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

Currencies Direct Logo
  • Check Icon
    Forward contracts and limit orders
  • Check Icon
    Scheduled transfers
  • Check Icon
    Travel money solutions for residents of the UK
  • Check Icon
    Multilingual website
$
$
$

low

Fees
84
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card

Features

  • Check Icon
    Forward contracts and limit orders
  • Check Icon
    Scheduled transfers
  • Check Icon
    Travel money solutions for residents of the UK
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Schedule transfers easily
  • Circle Check Icon
    Make use of hedging tools
  • Circle Check Icon
    Accepts customers from most countries
  • Circle Check Icon
    Cannot sign up from all states in the U.S.

XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
71
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+
Promo Offer Available
Three free transfers for new customers! Check out the WorldRemit promo guide for more info.

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Wise Logo
  • Check Icon
    Transparent fee structure
  • Check Icon
    Send money to email addresses
  • Check Icon
    Multicurrency account with debit card
  • Check Icon
    Multilingual website & app
$
$
$

low

Fees
75
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Credit Card
  • Debit Card
  • Country specific alternatives

Features

  • Check Icon
    Transparent fee structure
  • Check Icon
    Send money to email addresses
  • Check Icon
    Multicurrency account with debit card
  • Check Icon
    Multilingual website & app

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    User friendly mobile app
  • Circle Check Icon
    Multi-currency account
  • Circle Check Icon
    Travel debit card
  • Circle Check Icon
    No scheduled transfers
  • Circle Check Icon
    No dedicated account manager

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      How to send money to Finland

      How To Step Icon
      Step 1
      Study the competition, create an account
      Study the competition, create an account
      If you wish to send money to Finland, either as an individual or a business, you get several options from which to choose.
      Selecting the best one requires that you take a close look at what the top names have to offer, while also accounting for your specific needs.
      Once you make your decision, create a new account.
      This might require that you provide details from a valid ID document such as a passport or a driver's license.
      How To Step Icon
      Step 2
      Check the exchange rate history, set up your transfer
      Check the exchange rate history, set up your transfer
      Establish if sending money to Finland is a good idea after you look at historical EUR rates, as this gives you an idea of where the market currently stands.
      Tell your service provider how much money you wish to send and request a rate quote to set up your transfer.
      Finalize the transfer by accepting the quote and locking the rate.
      Your service provider will also require the receiver's Finnish bank account details.
      How To Step Icon
      Step 3
      Going through with the transfer
      Going through with the transfer
      Your service provider is essentially an intermediary that assists you in transferring money to Finland. First, you pay for your transfer.
      Only after receiving your payment will your service provider send money to the recipient's bank account.
      The company should notify you of the estimated turnaround time in advance.
      You might receive email/text notification informing you of the transfer's progress. Using your service provider's website is another way to keep track of your transfer.

      Currency Symbol and Swift Codes

      What kind of money does Finland use? The euro (EUR) is the official currency of Finland. The Finnish markka (FIM) was used as the official currency of Finland from 1860 to February 2002, when it was replaced by the euro. One euro is divided into 100 cents.

      If you plan to send money to a Finnish bank account, you will need the bank’s SWIFT code. The corresponding table lists SWIFT codes of come popular banks in Finland.

      BANKBRANCHSWIFT CODE
      OP Corporate BankHelsinkiOKOYFIHHXXX
      Nordea BankHelsinkiNDEAFIHHISA
      Danske BankHelsinkiDABAFIHHXXX
      Evli BankHelsinkiEVSEFIHHXXX

       

      Case Study

      Emilia relocated from Finland to the U.S. after finding a suitable job there. Her sister was in college in Finland, and hoped to join Emilia in a year or two. During this time, Emilia was to keep sending her some money every month. While Emilia could use the services of various American banks to send money to Finland, she decided to compare them with the top money transfer companies. The corresponding table shows how the best from both realms fared against each other.

       BANKMONEY TRANSFER SERVICE
      Exchange rate$1 = EUR 0.8054$1 = EUR 0.8206
      Transfer fee$25$0
      Amount received for $1,000EUR 785.27EUR 820.60
      Transfer time2 to 4 days1 to 2 days
      Transfer optionsBank accountBank account
      Difference of EUR 35.33

      The money transfer company Emilia selected was more cost effective than then bank, and it also offered a quicker turnaround time. In addition, she could schedule her transfers so she did not have to remember making them each month.

       

      Cash Pickup Locations in Finland

      Sending money to Finland quickly is possible if you turn to a company that has a physical presence in the country. Some of your alternatives include Western Union, MoneyGram, and Ria.

      WESTERN UNION IN FINLAND 
      Helsinki Forex Bank Rautatieasema HelsinkiForex Bank Aleksanterinkatu 52 B Helsinki
      Tampere Forex Bank Stockmann 3 Krs Hameenkatu 4 TampereMatkahuolo Hatanpaeaen Valtatie 5 7 Tampere
      MONEYGRAM IN FINLAND 
      Helsinki R-Kioski Rautatientori 1 HelsinkiR-Kioski Mannerheimintie 20 Helsinki
      Tampere R-Kioski Keskustori 1 TampereR-Kioski Hatanpaan Valtatie 2 Tampere

       

      Safety Tips for Picking Up Cash in Finland

      Crime levels in Finland are low. Instances of petty crime such as bag snatching and pickpocketing are typically reported during the tourist season. Exercise caution when using ATMs. Remain vigilant on trams, at Helsinki’s railway station, on the metro, and in crowded areas.

       

      What Information Do I Need to Transfer Money to Finland?

      You may send money to Finland in different ways, and the information you need to provide depends on the desired transfer method.

      • Sending to a bank account. The information you need to keep close at hand includes the recipient’s complete name and account number as well as the receiving bank’s name and SWIFT code.
      • Sending to a cash pickup center. You might need to provide the location of a desired cash pickup center along with the recipient’s complete name. To collect the cash, the recipient will need to provide a reference number and a valid form of photo ID.

       

      Regulations When Transferring Money To and From Finland

      As part of Eurozone’s single currency system, Finland does not have its own currency controls or regulations in place. Suomen Pankki (the central bank of Finland) is responsible for overseeing the country’s payment systems, and the country follows the single monetary policy set by the European Central Bank (ECB).

      Financial institutions in Finland are required to report transfers that exceed €15,000. Transfers of more than €10,000 are reported to European Union authorities. While you may carry any amount in and out of the country, amounts of over €10,000 need to be reported to relevant authorities.

      Convert USD to EUR

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      EUR
      Sending money online through specialist money transfer companies.

      Expect to receive between €92.88 and €93.44 when sending money from USD to EUR at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately €89.12, not including additional banking fees. That is an average saving of €4.03.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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