How much does it cost to transfer money to romania. In summary i only spent around 150 in nearly a week in romania and it is only the second place in the world i have actually burned money the first was the uk it was a 20 note and i was proving a point.
In 2019 the minimum wage in romania take home is 1263 ron 304 267 eur it grew by around 70 euros over the past 5 years or 36 mostly thanks to some major increases in 2018 also in 2019 the average wage in romania take home is 2720 ron 655 576 eur a whooping 176 eur more than in 2014 or a 44 increase.
How much money can i take to romania. After having that said romanian money is best obtained from an atm in the country itself or if you have trouble finding a atm at a bank. You can manage your cookies at any time. Money romania is increasingly a card economy.
Cookies help customize xoom for you and some are necessary to make our site work. When sending online with moneygram your transfer is limited to 10 000 per transaction. For instance a bus ticket from brașov to sibiu costs 8 and the trip takes about two and a half hours while a trip from brașov to cluj napoca has a fare of 18 but will see you travel for nearly five.
A reputable money transfer specialist can offer better exchange rates and also charge lower fees saving you money and putting more romanian leu into your recipient s pocket. When you need to send more you can do so in person from a moneygram agent location. We offer direct deposits to all major banks or your recipients can pick up cash at 0 locations.
Amounts exceeding eur 10 000 or the equivalent in another currency must be declared. If departing to a non eu member state via an eu member state the declaration must be made in the last eu member state. To send money in usd to romania you pay a small flat fee of 6 72 usd 0 54 of the amount that s converted you ll always see the total cost upfront.
Some providers offer electronic transfers to bank accounts only while others also provide cash pickups mobile wallet payments and cash delivery services. No big fees hidden or otherwise. Some payment methods have an added fee but that s usually tiny too.
There is also a 10 000 per month limit. When taking the money out of the atm don t panic when you see its plastic its normal that romanian banknotes are made of plastic. Travelling between major cities can take a few hours so keep in mind that in romania time is perhaps a more valuable resource than money.
While a growing number of businesses do accept credit cards it may be safer to use cash due to the risk of credit card fraud. Send money online to anywhere in romania with xoom. The romanian notes are plastic so i just wanted to see whether they would melt they didn t.
If arriving directly from or traveling to a country outside the eu.