Though Bulgaria does not come to mind when you think of popular destinations to live, it is ever becoming a more common place for people purchasing property. Whether the purpose is to live there during the summer months or visit as a holiday home, Bulgaria has everything to offer. When sending such large amounts of money, it is very important that you try to save as much money as you can. Sending large amounts of money abroad when preparing to reside there can cost you a lot of money in fees if you do not choose the right provider.
Banks typically offer a ‘tourist’ exchange rate when sending money abroad, so the more money you send, the more money you will lose based on their rates. On the other hand, using a money sending agent or bureau could also end up costing a lot as some of them charge a commission. This is usually a percentage of the transfer, so when sending high amounts, you end up paying them a lot to handle your transaction.
Using a company who specialise in foreign exchange, like RationalFX to send money to Bulgaria will save you a lot of money. They have a 0% commission guarantee, highly competitive exchange rates and there is are no transfer fees on large amounts. This means that you will get a significantly higher return when transferring your money through them.
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