How to send money from Europe to Latin America: fast, secure and hassle-free

November 4, 2024

4 minute read

If you're looking for a fast, secure and hassle-free way to send money to Latin America, you're in the right place! In this article, we'll show you the most reliable options and everything you need to know to get started with confidence and ease.

We want the process to be as simple and efficient as you need it to be, allowing you to support your loved ones in a practical and stress-free way.

Money transfers from Europe to Latin America, in particular from Spain, Portugal, Germany, France and Italy to countries such as Venezuela, Colombia, Argentina and Peru, have grown exponentially in recent years. This not only facilitates the well-being of families, but it is also a fundamental pillar for the economic development of many countries in Latin America.

When someone emigrates, they not only take their story and dreams with them, but also the responsibility to help those who remain in their country of origin. This situation is very common among Latin American communities who have found new opportunities in Europe in all aspects of their lives.

Sending money from Europe to Venezuela, Colombia, Argentina and Peru has become an act of emotional and financial support, because the money sent is in many cases the way to access better living conditions.

How to choose the best option for sending money to your home country?

Before making international transfers, it is important to review the options available in the market and see which one best suits each need, considering the following factors:

  • Exchange rate: Some platforms offer better rates than others. Check which one is closest to the official exchange rate.
  • Transfer time: Do you need the money to arrive right away? Some services allow transfers in minutes, while others take 1 to 3 days.
  • Commissions: Make sure to compare fees, as they can vary significantly between platforms.

How do international transfers impact the local economy?

Sending money plays a fundamental role in the economies of many Latin American countries. In both Venezuela and Colombia, the flow of money sent by their citizens abroad represents a significant part of the Gross Domestic Product (GDP), and in some cases, they exceed foreign direct investment. In fact, the money that comes from Europe helps to improve economic stability, increase domestic consumption and promote small businesses.

In countries like Argentina and Peru, where economic fluctuations are frequent, remittances not only help support families, but they also provide an injection of foreign exchange that is crucial for financial stability.

Why is Retorna the best option for sending money to Latin America?

Retorna is one of the safest platforms for sending money abroad, not only because of the ease with which each transaction is made, but also because of its competitive rates. Why ship with Retorna?

  • Shipments starting at 3 euros: Unlike many platforms that require higher minimum amounts, Retorna allows you to send small amounts of money, which is perfect if you're looking to make recurring shipments.
  • The money arrives in a matter of minutes: The long waits for your money to reach its destination are over. With Retorna it arrives in a matter of minutes.
  • Competitive Rate for Venezuela: One of the great attractions of Retorna is that it offers exchange rates very close to those of the official market. For example, in the case of Venezuela, the rate is 0.99 Euros, which means that you get almost the full value of your money without losing in exchange.
  • Simplicity and speed of use: Retorna is intuitive and very easy to use. From signing up to completing the transfer, everything is done in minutes.
  • Learn everything you need to know to make your first shipment in this video:

If you are looking for the best option to send money from Europe to Latin America, Retorna is a reliable choice that combines speed, security and competitive rates. With the possibility of sending from as little as 3 euros, it is ideal for those who want to support their families on a regular basis. In addition, with our app you can meet your financial commitments in your home country, pay your friends and keep your life hassle-free, even if you live far from home.

More Migrants Choose Retorna

Start sending money to your loved ones faster and more securely.