Send Money Transfer to Iraq from the UK

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Worldremit

Worldremit

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£10
0
5%
1.091
109,147.40 EUR
FCA Regulated

Western Union

Western Union

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£10
15
6%
1.080
107,998.48 EUR
FCA Regulated

Moneygram

Moneygram

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£50
£2.99
5%
1.091
109,147.40 EUR
FCA Regulated

Transfer money to Iraq

Whatever your reason for sending money to Iraq. So, Compare Money Transfer will make your currency transfer as straight forward and cost-effective as possible.

Currency for Iraq
The Dinar (IQD) is now the official currency of Iraq.

Send Money Transfer to Iraq

When do you want to send money to Iraq? You will have to make sure that you are using the most cost-effective currency transfer solutions. Using a high street bank will certainly not be that solution as it is one of the most expensive ways to send money to Baghdad.

High street banks are not specialists in Forex business as their mainstream business is something different as a financial institution. So when you approach high street banks to make money transfer to Baghdad, though you will have your money transferred to Baghdad. You will not be able to get the service of an expert. If you want to enjoy professional and expert money transfer service. You will have to approach a money transfer broker rather than a high street bank.

There are multiple benefits in using a currency transfer broker over high street banks. First of all, you will get good currency exchange rates when you make money transfer to Iraq. Secondly, you will be able to get the personal attention of the service provider which you can never expect from your high street banks.

Moreover, foreign exchange brokers are specialists with several years of experience in international currency transfer business. On the other hand in the high street banks. That staff that is executing your fund's transfer request will not have any specific foreign exchange experience.

Best way to transfer money from the UK to Iraq

When you approach a foreign exchange service provider to send money to Baghdad. They will time your money transfer in such a way that you get the maximum benefit out of the volatile foreign exchange trends. You will be able to send your money to Baghdad with the least expenses possible as you will not be paying commissions or special transfer fees to the broker.

A high street bank will take a long time to transfer your funds to Iraq. If you want to make urgent money transfer to Iraq, you will have to then approach foreign exchange brokers who will ensure instant transfer of funds. Many times we will have to make money transfer to Iraq on regular basis as in the case of paying offshore staff or buying goods or importing goods from Iraq etc.

If your money transfer needs should dictate that you send money to Iraq on regular basis, then you should be all the more vigilant about choosing the right method to send money to Iraq. There are several methods today to make money transfer to Iraq but not all of them are equally cost-effective. Stay away from high street banks. And compare the foreign exchange rates between various foreign exchange service providers at our money transfer comparison section. Before you transfer money to Iraq.

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