Best Option To Send Money In Kosovo
If you are currently looking for the perfect ways to send money to Kosovo in the easiest way possible, then this will help you. There are a lot of fast and secure ways that can be useful when sending money to Kosovo. One of the most famous processes is through sending it online. In this world where technology and computer widely use, things such as sending money to become one click away. Online money transfer is still the best in the field.
How to send your money in Kosovo?
There are different ways that you can choose from if you want to send your money online. Here are the top three steps that you can do.
Be honest about the transaction details. Usually, there is a form you have to fill up online. Write the correct amount you wish to send, the currency, and the delivery method. In most cases, your chosen method of sending money displays their exchange rate once you transact with them.
The recipient details are important. Click the name or add another to the list of people you want to send the money. Provide their full name and relevant information like address, phone number, and bank account to identify his/her identity.
Review and Pay. Make sure you to review every single detail before you make a payment. The money will be on its way to the receiver. Track it in your transfer section.
If you need money instantly, ask for a money transfer from your family or friend. If you are the one sending money to your family, then make sure to follow the steps above to ensure a fast money transfer! There are lots of reasons for you to use an online money transfer in Kosovo, but make sure you choose the most trustworthy system!
Listed below are some of the money brokers who can offer you a better currency exchange rate when transferring money abroad. Or search our list of approved FCA brokers.
Doing a money transfer to Kosovo then below are the currency denominations. Currency for Kosovo
The Euro (EUR) is now the official currency of Kosovo. Kosovo prior currency, the Serbian Dinar and the Deutschmake, has now been phased out as legal tender and is is still accepted.
Euro Currency Denominations?
Note Currency 5.00 Euro's - 10.00 Euro's - 20.00 Euro's - 50.00 Euro's - 100.00 Euro's - 200 Euro's and 500 Euro's
1 Euro Cent - 2 Euro Cents -1.00 Euro Coin - 2.00 Euro Coin - 5 Euro Cents - 10 Euro Cents - 20 Euro Cents and
50 Euro Cents
Making regular transfers to Kosovo?
It is advised that if you are sending regular payments abroad you should use a foreign exchange broker to ensure you get the most out of your exchange rate. Sending Money Abroad to Kosovo is easy just open a currency exchange account.
Open a currency exchange account by completing a trading application form and provide KYC information such as
your Passport. This will then open your currency account where you can now confirm amount to be sent via your broker, agree the provisional currency rate and when you are happy send funds to foreign exchange broker. Money converted to currency required where money received and sent as required.
Credit Cards accepted ?
The following credit cards are accepted MasterCard and Visa as well as others major credit cards including Euro cheque cards. Always check with your credit card company for details of merchant acceptability and other services which may be available before you go on holiday or travel abroad / overseas
Traveller's cheques ?
Traveller's cheques are accepted in all banks and bureaus, though to avoid any extra service charges it is recommended that the cheques are in either US Dollars, Pounds Sterling or Euros. ATMs are available in most towns. Electricity - 230V, 50 Hz
Currency restrictions ?
There are no restrictions on the import and export of either local or foreign currency provided you declare, keep Bordeveau until you depart.
Banks Opening Hours Monday to Friday: 09.00- 16.00
In Kosovo, you can exchange your currency at most Banks as well as many exchange bureaus that you will find in popular areas, such as Dakovica, Ferizaj, Fushe e Kosoves, Gjakova and Gnjilane. In most banks when you are exchanging currency, you will need your passport. If you do not have this with you, then the bank may refuse to exchange your currency.
Need to transfer money to Kosovo see foreign exchange companies offering the best currency deals.
Even if you are sending money to pay your mortgage, Importing or exporting or money to paying oversea suppliers? No matter who you intend to pay use a foreign exchange broker it is cheaper than using high street banks.
Kosovo Banking Services?
In Kosovo most places accept the use of travel money cards and prepaid cards including debit MasterCards and Visa credit cards. All banks have ATM machines and will exchange travellers cheques. Exchanging Currency is easy and most places will even accept American Express.