Best Way to Transfer Money From France to US [USD to USA]

If youโ€™re looking for the best way to transfer money from France to the US, weโ€™ve broken down the possible options you can consider below.

We have also included the option of opening a foreign currency account with a major international bank in the US, something most EU citizens can do 100% remotely.

Of course, if you are just looking to send a one-time transfer you wonโ€™t need to open a new bank account – in which case, one of the other options will be better suited to your needs.

Feel free to use the table of contents to jump ahead to any sections that are immediately relevant to your search.

Table of Contents

  1. Best Way to Send Money From France to the United States
  2. How to Send Money to a USD Bank Account
  3. Frequently Asked Questions
  4. Ready to Explore Your Options?

Best Way to Send Money From France to the United States

The best way to send money from France to the United States depends on each individual’s priorities. For example, certain options will allow for transfers to be sent quickly, while others may be more affordable. With this in mind, each individual should consider their priorities and then select the best option according to their goals.

To assist with selecting the best way to transfer money from France to the US, we have outlined a number of options below, including the pros and cons of each. That said, before choosing which transfer option is best for you, please confirm the specific fees, time frames, and other conditions that may apply to your transfer.

Why Send Money From France to the United States?

There is a wide range of reasons to send money from France to the United States, including:

  • Access sophisticated USD financial services
  • Easily transfer funds to US-specific investments
  • Finance the purchase of US real estate
  • Deposit funds with strong US banks, holding USD
  • Finance living expenses for children attending University in the USA

Of course, each person has their own reasons for wanting to send money from France to the United States. But, in most cases, they will be choosing from one of the options listed below.

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How to Send Money to a USD Bank Account

In order to send money to a USD bank account from France, you will need to choose a transfer method. With this in mind, here are a few of the most popular transfer methods that individuals typically consider.

Money Transfer Business

There is a wide range of money transfer businesses available, including both online and in-person transfer services. In fact, Europe is home to a wide range of low-cost reliable transfer services for people to choose from.

Send Money Between Bank Accounts

It is also possible to send a traditional wire transfer between two banks. In doing so, your bank in France will send a transfer to the destination bank in the US using the SWIFT network. SWIFT is a fast and secure way for international transfers to be sent and also comes with the option to trace the transfer throughout the process, though this typically has an extra fee.

Importantly, if you are transferring funds originating from EUR to USD, you will need to consider the foreign exchange rate applied to the transfer. In most cases, online money transfer businesses like Wise will offer better rates.

Open a USD Bank Account

European bank accounts are inherently more international than US banks. This may be because Europe is still home to many currencies despite the introduction of the euro, or it could be because US banks are reluctant to transact in anything but USD.

In any case, it is possible to open a foreign currency account in Europe in order to hold USD. In doing so, you can transfer money from your USD account to a US-domiciled USD account without incurring any additional FX expenses.

Similarly, you can also consider opening an offshore account to hold USD directly or to open a US bank account remotely. In fact, citizens of France can open bank accounts in the US from the comfort of their homes with real FDIC-insured US banks, not digital banks.

Frequently Asked Questions

Below are three of the most common questions that we receive from people looking for the best way to transfer money from France to the US. If you have further questions you would like answered, donโ€™t hesitate to get in touch with us directly.

How Can I Send Money From France to the USA?

There are a number of methods that you can use to send money from France to the USA. These include money transfer services, international bank transfers, cryptocurrency transactions, and many more. In general, when deciding which option is best for you, you should compare costs, time of delivery, and security of the transfer.

What Is the Cheapest Way to Send Money From Europe to the US?

The cheapest way to send money from Europe to the US is to send money to your account within the same bank. In other words, you can have both a USD and EUR account with the same bank, allowing you to transfer funds between your accounts instead of transferring them to another financial institution.

How Much Does it Cost to Send Money to the United States?

The cost to send money to the United States depends on which method you are using and how much you are sending. In most cases, banks have a fixed rate that they charge for outgoing transfers. Of course, itโ€™s important to note that most US banks also charge for incoming transfers. In other words, the cost of the transfer will include both the outgoing transaction fee and the incoming transaction fee.

Ready to Explore Your Options?

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Of course, if you have any questions, please contact us directly.

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