Prepaid Cards in Italy
Neteller offer a free virtual account which can be upgraded to a prepaid MasterCard, subject to T & C's including applicant providing acceptable ID, being a resident in the UK or Ireland. Prepaid Card & usage fees apply.
Application is free based on you loading £200 of currency on to your card. This card is an electronic money product issued by Clydesdale Bank PLC. Clydesdale Bank PLC, a company registered in Scotland with number SCOO1111
Europe Traveller by Caxton FX - Preload your card with currency, subject to terms and conditions including applicant providing acceptable ID, being a resident in the UK & aged 18 years+. Travel Card & usage fees apply.
Euro Card by Ace FX - Preload your card with currency, subject to terms and conditions including applicant providing acceptable ID, being a resident in the UK & aged 18 years+. Travel Card & usage fees apply.
Prepaid cards available in Italy where you need to be a Italy resident to get a prepaid credit cards
Currency transfer to country
Despite the current economy causing financial issues across the country, a large number of people are still making property or business investments abroad. With a large number of people transferring money to different countries around the globe it is important individuals are aware what is involved and needed when they transfer money overseas.
There are different services and company’s people can choose between when sending money abroad and it can be difficult to establish what service is going to give you the most from your money.
Specialist currency brokers can help consumers find the best exchange rates because they can identify the most rewarding rates as they are fully up to date on the exchange rates, despite the rates changing on a regular basis.
The more money that is being transferred typically provides the more rewarding rates, which can make using a broker especially rewarding as they can potentially save thousands of pounds. Equally, they can save significant amounts of money with smaller transactions-every little helps.
Other money transfer services
Depending on the country you wish to transfer with, you may be able to use various establishments such as hotels, to transfer money overseas.
It is also possible to transfer money overseas in travel agencies, supermarkets and exchange shops, meaning consumers have a great selection to choose from when transferring money abroad.
Banks can also exchange currency but they can often be the most expensive choice to transfer funds with. This is because the banks do not direct their main focus towards foreign exchange money transfers so their rates are never as competitive as a specialist currency broker.
Traveller’s cheques can be used to exchange currency, but some countries may need the person exchanging the money to have the original receipt from the purchase in order for the cheque to be validated. Also, a passport is often necessary and some smaller local banks in certain countries do not accept any kind of traveller cheque.
Transfer money over the internet
Transferring money overseas using the internet is particularly convenient and straightforward. The process normally involves the individual who is transferring the money, paying in their home currency with an online transfer company.
The company will then convert the funds and transfer the money to the bank account that is receiving the money.
How long does money transfer take
The length of time it takes for money to travel and arrive in the required account is dependent on a number of different factors.
The distance of the country contributes to the speed of transfer. A neighbouring country of England, such as Italy, is likely to receive funds faster than Italy.
Another contributing component is whether the currency is weak or strong. A strong currency will be able to be transferred overseas quicker than a weak currency.
A strong currency could permit a foreign transfer to be complete in one to two days.
The cost of money transfer
When it comes to transferring money abroad to Italy additional costs involved are fees and exchange rates. Research is crucial by people wanting to send money abroad as they need to make sure they do not pay over the odds for the transfer.