Send Money to Martinique (French)

OFX
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Moneycorp
Margin Rate: 0.50%
Minimum Transfer: 250
Transaction Fees: £0
FCA Regualted: FCA Regulated
TorFX
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
VoltrexFX
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currencies Direct
Margin Rate: 0.7%
Minimum Transfer: £500
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Martinique (French)

Send Money Transfer to Martinique (French)

Martinique as a French territory uses the Euro and has no restrictions on currency transfers. The banking system is made up of French national banks. A wire transfer is therefore possible provided the beneficiary has an account there.

If you want to send cash without using a bank account or if you do not have one yet, you can opt for a worldwide money transfer service via a Money Sending Bureau. These establishments are found in major cities around the world and there are a number of money sending bureau locations in Martinique. With this option however you will need to pay a significant commission on the transfer and it is worth looking around as fees can vary from just a few percent to as high as 15% of the sum being sent. These institutions also often comparatively poor exchange rates so again the total costs need to be considered.

The procedure is however relatively simple: You take the money you would like to transfer to an office in cash or pay by card. You have to fill in a form, pay the service fee, and show a valid ID. Alternatively, you can process your money transfer online.

Bank Note System
Banknotes: 5, 10, 20, 50, 100, 200, 500 Euro

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