Sending money to Uzbekistan is easy. But once you are lost in all the options, it gets frustrating. We prepared this article for those seeking how to send money to Uzbekistan beneficially. Buckle up and get ready to find out the best way to send money to Uzbekistan.
Methods of sending money to Uzbekistan
Comparing apps to send money from Europe
How to send money to Uzbekistan with Profee
FAQ — How to send money to Uzbekistan
Methods of sending money to Uzbekistan
To make the cheapest money transfer to Uzbekistan, let's briefly review our options.
Banks
You can send money from Europe from your bank account directly to the recipient. Banks have been around for a while, so they have had time to establish a secure system. Overall, you can trust them.
What we love about bank money transfers to Uzbekistan:
- Safety. Banks put huge resources into protecting your data and money.
- Large amounts-friendly. Banks support big money transfers to Uzbekistan, and it’s a win for expats. However, you’ll likely need additional documents to prove the source of funds.
What could be better:
- High fees. Avoid banks if you’re looking for the cheapest money transfer to Uzbekistan.
- Slow delivery. Ready to wait for a week? We aren't either. That’s why we don’t use banks when we need an overseas money transfer from Europe.
For expats in Europe:
Cryptocurrency
Crypto is the freshest way of sending money to Uzbekistan. Due to its young age, cryptocurrency is still in the grey zone, and no one really knows how to deal with it. So think twice before using it.
Pros:
- Flexibility. Cryptoplatforms are open 24/7, and you can send money to anyone who is registered.
- Low costs. Some platforms charge fees but they are less painful than banks’ ones, usually. Also, you escape the third-party charges — transfers go from person to person.
Cons:
- Complexity. You’ll spend hours in front of your computer trying to understand how to send money to Uzbekistan via crypto. Now imagine your grandma or grandpa. They won’t handle it unless they are tech-heavy already.
- Shady. Sending money to Uzbekistan through cryptocurrency is not the safest choice. If you become a victim of a scam, the police and government won’t be able to solve your case. This zone is not fully regulated yet.
Online money transfers
Our top pick for the cheapest money transfer to Uzbekistan for a reason:
- Speed. Most transfers arrive in minutes.
- Security. Licensed services match banks’ level of protection.
- Cost-effectiveness. Fees and rates differ among providers, but they all try to keep their offers beneficial.
- Easy to start. Apps are not rocket science. They are more like turning the lights on and off — simple and quick.
But there are so many services, how to choose one? Let’s compare them and find the cheapest money transfer to Uzbekistan.
Comparing apps to send money from Europe
We'll pick a random day and compare three companies: Profee, Paysend, and Remitly. This will help us find the best way to send money to Uzbekistan.
Note: Remitly converts only to dollars, so we’ll use a 100 EUR to X USD card transfer as an example. Profee and Paysend support UZS.
As of September 1st:
| Service | Exchange rate (1 EUR = X USD) | Fee for the first transfer | Total to be received, USD |
|---|---|---|---|
| Profee | 1.148664 | 0 | 114.87 |
| Paysend | 1.1574 | 1.5 EUR | 114.00 |
| Remitly | 1.1395 | 0 | 113.95 |
Profee wins here. Your overseas money transfer from Europe will be beneficial, fast and secure if you stick to this service.
How to send money to Uzbekistan with Profee
A cost-efficient service has been found, now we’ll explain how it works. Spoiler: really simple. Check our step-by-step guide:
- Join Profee. Either on the website or in the app.
- Set the transfer amount. 5.85 EUR is currently a minimum.
- Proceed to choosing the payment method.
- Tell us about the transfer destination — insert the recipient details.
- Double-check and confirm.
It’s not a visa application, so you’ll know exactly where and what to write. Profee will guide you.
More for expats in Europe:
FAQ — How to send money to Uzbekistan
Does Uzbekistan use PayPal?
No, you can’t use PayPal in Uzbekistan.
Does Google Pay work in Uzbekistan?
No, but you can use online services to pay with Google Pay and send money to accounts in Uzbekistan.
Can I pay in dollars in Uzbekistan?
Yes, dollars are the most accepted foreign currency in Uzbekistan.
How much is 1 euro in Uzbekistan?
To check currency exchange rates, proceed to Profee’s EUR to UZS exchange page.
How to send money internationally for free?
- Use Profee, and your first transfer will be fee-free.
- Search for promo codes to cancel fees.
- Compare offers to find the cheapest money transfer to Uzbekistan.
