Compare Monte Dei Paschi Di Siena euro currency transfer options to/from Italy. You can beat Monte Dei Paschi Di Siena euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Monte Dei Paschi Di Siena account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.5% and additional bank transaction or commission fees may apply.
Monte Dei Paschi Di Siena international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Monte Dei Paschi Di Siena bank account in Italy needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euro (EUR) using Monte Dei Paschi Di Siena services would have a transaction exchange rate margin of around 4.5% – or 4,500 EUR. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 EUR in total, which is a large saving over the bank service.
International money transfers from Monte Dei Paschi Di Siena could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Monte Dei Paschi Di Siena bank account holder to use their services. Monte Dei Paschi Di Siena may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 5,000 EUR).
Unless you pay a premium, Monte Dei Paschi Di Siena’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Banca Monte dei Paschi di Siena SpA (also known as BMPS or just MPS) is the oldest surviving bank in the world (the bank was originally created in 1472) and is the third largest bank in Italy, with over 2,000 local Italian banking branches.
Find Monte Dei Paschi Di Siena branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Monte Dei Paschi Di Siena branches in your search area results.
You can find answers to everyday banking questions at Monte Dei Paschi Di Siena online. If you can’t find the answer you’re looking for, you can call them from outside Italy on +39 0577 294 111
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Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers