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Riga Digital Bank · Money Transfers · Latvia

Best Money Transfers in Riga

Compare money transfers providers available to Riga, Latvia residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Latvia. Confirm the terms directly with each provider before opening an account.

Featured Money Transfers Providers

Updated October 2026

Up to three eligible picks for Riga, ranked from our verified partner directory for Latvia. Availability in Latvia and eligibility criteria are set by each provider.

Top Pick

Wise

4.7

Top Money Transfers Provider

Wise offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Latvia and eligibility criteria are determined by the provider. Check terms before applying.

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Remitly

4.7

Remitly offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Latvia and eligibility criteria are determined by the provider. Check terms before applying.

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WorldRemit

4.7

WorldRemit offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Latvia and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Europe and Latvia, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners — see the disclosure below.

Local guide

Money Transfers in Riga: what to know

Money transfer services let people in Riga, Latvia send money abroad or receive it in EUR (Euro). The real cost is the fee plus the gap between the provider's exchange rate and the mid-market rate, so compare both.

Currency in Latvia
EUR · Euro
Local accounts in Latvia
Latvian accounts use the IBAN (LV + 2 check digits + 4-character bank code + 13-digit account, 21 characters in total), a format heavily used by Latvian-licensed payment institutions serving international customers.
Payments in Latvia
Latvia is in the euro area, so euro payments travel over SEPA and SEPA Instant through the EBA Clearing pan-European infrastructure, while high-value settlements run through TARGET2-Latvia operated by Latvijas Banka; Swedbank, SEB and Citadele apps offer instant domestic transfers.

Before you sign up in Riga

Latvia is in the euro area, so euro payments travel over SEPA and SEPA Instant through the EBA Clearing pan-European infrastructure, while high-value settlements run through TARGET2-Latvia operated by Latvijas Banka; Swedbank, SEB and Citadele apps offer instant domestic transfers.

Sources: Latvijas Banka · Latvijas Banka: payment systems · IBAN registry: Latvia structure

All Money Transfers Providers in Riga

16 providers to compare, including the three featured above.

  • #4

    Instarem

    4.7

    Instarem offers instant international money transfers with competitive exchange rates, no hidden fees, and InstaPoints rewards on every transfer.

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  • #5

    Zelle

    4.7

    Zelle offers reliable money transfers services with competitive rates and global coverage.

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  • #6

    Venmo

    4.7

    Venmo offers reliable money transfers services with competitive rates and global coverage.

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  • #7

    TransferGo

    4.7

    TransferGo offers reliable money transfers services with competitive rates and global coverage.

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  • #8

    OFX

    4.7

    OFX offers reliable money transfers services with competitive rates and global coverage.

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  • #9

    CurrencyFair

    4.7

    CurrencyFair offers reliable money transfers services with competitive rates and global coverage.

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  • #10

    Paysend

    4.7

    Paysend offers reliable money transfers services with competitive rates and global coverage.

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  • #11

    CurrencyTransfer

    Better rates are only the beginning — personal & business FX

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  • #12

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #13

    Currencies Direct

    Award-winning FX specialist since 1996

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  • #14

    Western Union

    Send money worldwide — fast, reliable, trusted

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  • #15

    Skrill

    Digital wallet for online payments, money transfers and crypto.

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  • #16

    Unplex

    Send money to India at Google rates — zero fees, earn $40 per referral

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More Financial Services in Riga

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Money Transfers in Other Cities

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Frequently Asked Questions

Common questions about money transfers in Riga

Ready to Choose Your Money Provider?

Compare the featured money transfers providers for Riga and open your account online.

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.