Whatever your reason for sending money to Mauritius, Compare Money Transfer will make your currency transfer as straight forward and cost effective as possible.
Currency for Mauritius
The Mauritian Rupee (MUR) is the official currency of Mauritius which is divided into 100 Cents.
Send Money Transfer to Mauritius
Foreign exchange rates are highly fluctuating and this can affect your overall expenses when you send money to Mauritius. Money transfer to Mauritius can turnout to be a complicated affair if you do not pick the right method. We have the best money transfer solutions for your needs. Whether you send money to Mauritius just once or make money transfer regularly, you will find the best service providers here at our website.
We always recommend our users to avoid using money transfer services that charge huge transaction fees and commissions when they send money to Mauritius. For example, if you make money transfer to Mauritius using high street banks you will be charged a heavy transfer fee.
This is not the only fee that you will be paying to send money to Mauritius. High street banks also take commissions on the transfers made. Besides all these, high street banks will give you the lowest currency exchange rates. You should never use high street banks to make money transfer to Mauritius.
As each one’s money transfer needs Mauritius is unique, a general money transfer solution will not be suitable for everyone. So you will need a currency transfer solution that is tailored to your specific needs when you want to send money to Mauritius. Some of you may want to make just a single huge transfer while others will be required to make money transfer to Mauritius on weekly, monthly or quarterly basis.
So having a blanket money transfer solution will certainly not make sense. You can approach a currency exchange broker who will sit with you to review your requirements and provide contracts that are tailored to specific requirements.
If you are buying a real estate property in Mauritius, you will have to send your payments in a number of installments spread over a few months. If the currency exchange rates fluctuate heavily, then the value of the property will shoot up. So you will need a solution that will protect you against such currency fluctuations.
Your foreign exchange brokers will be able to help you in this regard by providing you with forward contracts that will lock the value of the currency exchange rates for a specified period of time. You can also signup agreements that will cater to your monthly money transfer needs.
You will be able to get better currency transfer rates from your service provider. You will have to make sure that you are dealing with the right foreign exchange company so that you can get good customer service and support. However, you will not have to worry. You will be able to easily find your foreign exchange service provider to send money to Mauritius using our money transfer comparison service.
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