Transfer Money Now
Main Services: International money transfers, remittance services, mobile transfers
Transfer Objective: One time/ Recurrent
Transfer Method: Direct to Bank, Cash pick-up, Mobile top-up
Min Transfer Amount: $15
- Great on mobile transfers
- Easy to send or receive money
- Good for remittance services
Main Services: International money transfers, cash pickup, remittance services, mobile transfers
Transfer Objective: One time/Recurrent
Transfer Method: Bank transfer, Phone/App, debit or credit card, cash pick-up
Min Transfer Amount: £0.01
- Locked-in exchange rates
- 145+ years of experience in moving money
- Tracking options for transfers online
- 0-3 days of delivery (depends on destination)
Up to 24h
Main Services: Send money online, bank transfers, telephone transfers. Send money to family and friends, emigrate, buy a property overseas or make regular maintenance payments.
Transfer Objective: one off/regular transfers
Transfer Method: Electronic bank transfer, UK debit card, UK direct debit
Min Transfer Amount: £100
- Free transfer fees
- Free to open an account
- Transfers by phone, online or App
- Safeguarded customer funds
- Longstanding FX provider since 1979
Up to 24h
More than 48h
Up to 24h
More than 48h
One of the first things that you need to do when considering an international money transfer is to make a research of the providers, including exchange rates, speed of transfer, and credibility of the companies which you are considering.
See here for more information on how to compare.
The limit per one transfer may vary depending on the conditions of the provider that you are using. For example, the maximum amount per transaction through Western Union is USD $5,000, while many others have no maximum limit. However, many if not all of the agents have a minimum limit for a transaction and it could vary from 1$ to 1000$. Local country laws may further limit payment amounts.There are no general restrictions provided for transferring money to Poland, except the usual limitations as per the Act on Counteracting Money Laundering. Check your specific case with the chosen provider.
There are no restrictions provided for transferring money to Poland, except the usual limitations as per the Act on Counteracting Money Laundering. This means that a company that has been licensed to provide service to the Polish customers, can do so in any region of the country. Although Poland does not yet use the Euro, the Polish Zloty is a free-flowing currency. Therefore, transferring money in and out of Poland is not restricted for non-residents and residents alike. Transfers of any sum are allowed in and out of Poland. However, transfers exceeding EUR 15,000 must be conducted through a domestically licensed bank account.
Depending on the type of remittance and the provider you are using, the transfer could be available to your recipient in Poland anywhere between few minutes and few days. Please check the specific conditions fitting your case.
Most of the financial institutions have online tools on their website that allow you to track the money transfer. If you have carried out the money transfer to Poland via a bank, you can track your transaction by entering information like the tracking number and beneficiary’s account no. on the bank’s website.
When you send money via services like Xoom, Western Union, or Ria, you can always track your transfer by logging into your account on their website. The status tracking tools on the websites of these services keep the customers updated about the change in status. The recipient in Poland can also check the status of the transfer online. The check transfers and bank draft transfers can also be tracked online. Some of these institutions even provide updates via email and SMS where the sender and the receiver can keep a check on the status. A few companies like TransferWise and Xoom have mobile apps that enable customers to check the status of transfer on their mobile devices.
For the most cases, the answer is no. However, your recipient could be on the hook for a gift tax as regulated by the local laws. Please check your specific case with the chosen provider.
Polish residents are taxed on any foreign income. Non-residents are taxed only on income originating in Poland. Double tax treaties are in place to avoid double-taxation.
The recipient of a gift is subject to gift tax under the following circumstances:
The object of transaction is located on Poland’s territory.
The object of transaction is outside Poland and the beneficent of gift is a Polish citizen or person who has place of permanent stay in Poland. The tax is assessed in accordance of value of the property at varying rates, depending on the relationship between the donor and beneficiary as follows:
When you’re sending money overseas, in many cases you’ll need to convert the funds you send into another currency. But the provider or agent will convert the currency anyway, so you don’t have to deal with it yourself. Generally, Agent locations only accept cash in local currency. The receiver in Poland will be paid out in Polish Zlotys only (PLN).