Increasingly, residents of Russia, Ukraine, Belarus go to work in Poland. The Slavic country, where it is easy and close to get there, attracts with the opportunity to get a well-paid job or a part-time job. But almost immediately, labor migrants are faced with a problem - how to send money from Poland to relatives who have remained in their homeland. Experts recommend using several convenient methods to send and receive funds from abroad.
Methods for international money transfers
The most famous and popular systems that help transfer money from Poland, economists and bank employees include such services.
Western Union
Bank transfer using the Western Union system is considered one of the most reliable, there are branches of the company almost all over the world. Representative offices of WU are located at post offices, railway stations, banks, where you can fill out a receipt, give money, which will be received by loved ones in a few hours.
The amount of the commission is calculated on the amount that is transferred. For example, for sending 800 PLN, you will have to pay 2% of the transfer. However, rates may change, and sometimes the commission online and at the branch is different.
There is no minimum amount for transfer, and the maximum is set separately by each department. Detailed information is available on the official website.
Among the advantages of Western Union are the simplicity and reliability of the operation, almost instant money transfer.
The disadvantage is a large commission: it is unprofitable to transfer small amounts via WU.
Moneygram
The system is similar to Western Union, but the commission is slightly lower, and the prevalence in cities is less. According to the established rules, only dollars, zlotys are transferred from Poland, and upon receipt they give out euros and dollars. Read more about this on the official website.
Transfer and receipt takes place through the MoneyGram branch. To do this, you must fill out a form indicating the recipient's passport data and give the money.
The advantage of the system is that the transaction takes place quickly, within a few hours. The main disadvantage is that when sending zlotys, it is not the most profitable conversion into one of the issuing currencies.
Contact
Reliable system of transfers from the Republic of Poland to Belarus, Russia, Ukraine. Contact is available in all post offices, which is very convenient for customers.
The commission is 1.3% of the amount, however, find out the exact service fee and transfer conditions at the point of departure. The online calculator is presented on the official website. As a rule, transfers are accepted in PLN and issued in EUR. To implement it, you need to inform the operator of your data and hand over the money. The recipients come to the branch nearest to them and pick up the transfer.
The advantages are that Contact has a large number of branches, a small commission, and money arrives within one day. The disadvantage is the loss when converting zloty to euro.
Złotówka
Kredobank and Polish bank PKO BP SA provide the Złotówka service. Information about branches in Poland can be found on the bank's official website. An account in zloty is opened at the receiving bank in the homeland of the labor migrant, to which money from Poland is transferred without conversion costs.
To transfer 5,000 PLN, you need to pay a commission of only 10 PLN. To do this, a regular bank transfer is made at the branch: you need to transfer money to an account in your hometown, where the funds will be received at a bank or through an ATM.
The advantages of Złotówka are high efficiency, low commission percentage. The disadvantage is the small number of branches that work according to this system.
TransferWise
TransferWise appeared recently and has not yet gained credibility in the international market, as have the similar systems TransferGo and FineMoney. Such players try to stay in the competition due to low commission rates.
Transferring from Poland using TransferWise will cost 2.5% of the stated amount. However, the cost of services varies from the amount of the transfer and the currency in which your loved ones will receive the money.
Read more about this on the official website.
A money transfer to the points of the payment system takes place within one day. The advantages of this method are low fees and transaction speed, and the disadvantage is the low level of trust in the system.
Liqpay
As a rule, labor migrants in Poland receive their salaries in cash, but if you transfer money to a Mastercard or Visa card, you can use the LiqPay payment system from PrivatBank. Official site.
Most often, this method is used to transfer money from Poland to Ukraine. By the way, there is another similar service from the same bank - RIA. Both options are fast and convenient systems for transferring funds from account to account via Privat24 Internet banking. Its advantage is a relatively low commission - 2.75%, but in order to carry out the operation, you need a device with Internet access.
What are SWIFT payments
SWIFT payments are rarely used, since for such a transfer it is necessary to have an account in a Polish bank, which is quite difficult for a non-resident to do. But if the work in Poland is official and permanent, there are usually no problems with opening an account, so it is not difficult to take advantage of this opportunity.
At the bank, you make a regular bank transfer from your account to the recipient's account in the Russian Federation, Ukraine and other countries. By the way, if necessary, you can also transfer money to Poland.
The advantage of a SWIFT payment is that it is suitable for transferring large amounts, since it is with such transactions that the most favorable rates are.
However, each bank sets its own tariff for services, which may differ depending on the type of account opened. Significant disadvantages are the complexity of opening your own bank account and the long passage of payments (up to 5 days).
How to use electronic payment systems (WebMoney, Scrill, Neteller, PerfectMoney, PayPal, Payoneer and others)
Transferring money from Poland abroad can also be performed electronically through Scrill, Neteller, WebMoney, PayPal, Payoneer, PerfectMoney and others. Money is transferred quickly, commissions in payment systems are minimal, but many are stopped by the process of registering and receiving money.
To use electronic payment systems, you need to go through verification, link a bank card to an electronic wallet, and then withdraw funds in a convenient way.
For labor migrants in Poland, this often seems like a difficult process that they refuse, but it is possible if you have a device with access to the Internet and skills to work with it.
Transferring money using cryptocurrencies (Bitcoin, Litecoin)
Transferring with cryptocurrencies resembles an electronic transfer system. It is also necessary to create electronic wallets Bitcoin or Litecoin, but the advantage is that this process is much easier: no verification is required, transactions are instant, transactions are completed within a few minutes.
The main drawback is the system for withdrawing and receiving money, which requires transferring cryptocurrency into a regular one, withdrawing it from an electronic wallet to a bank card. The method is not suitable for mass use, since the process may seem complicated. Most often, such translations are done by young people who are able to freely work with computer devices.
A Polish bank card is a convenient way to transfer funds
An advantageous way is to get a Polish bank card, which will allow you to transfer money from Poland to any foreign country, and, if necessary, receive money from Russia, Ukraine, Belarus.
With this method, it is important to choose a bank where no documents are required, except for a passport, a Polish mobile phone number and an address in Poland.For example, Bank Zachodni WBK, Bank Pekao do not open accounts for non-residents, and Millenium Bank (a branch of a Portuguese bank) will issue a card without any problems. Through Internet banking services, you can send money from card to card or from card to a bank account in your hometown.
Conclusion
Choosing a suitable method from those offered by banks and payment systems is not as difficult as it seems at first glance. First, decide how often you are going to transfer money and how long you are willing to wait for the transfer to take place.
If you need to regularly send wages, it is better to choose a system that sends funds directly to the recipient's bank card - Złotówka, SWIFT and others. If the money needs to be sent urgently, Liqpay, a card-to-card transfer, will do. In each case, be guided by the transfer amounts and the percentage of commissions that will have to be paid, and after comparing the conditions of several systems, make the appropriate decision.
