How to send money to Germany
Discover how to make a money transfer to Germany with the best rate in a few easy steps
1. Check the EUR mid-market exchange rate against your sending currency
Even though the evolution of the currency market is unforseeable, it is a good idea to keep an eye on it so that you can optimize how much you will get for your money. Follow the Euro rate and send the money at a favorable moment.
2. Compare more than thirty money transfer providers sending money to Germany to find the best one.
There are plenty of money transfer companies able to send money to Germany, such as TransferGo, TransferWise, Western Union, MoneyGram, CurrencyFair. You will save big by comparing all your options to find the best one for your upcoming money transfer.
3. Select the best provider based on your criteria
Do you need to send money to Germany with the cheapest option, with the highest speed of transfer or with the solution with the best customer reviews?
In addition, it is important to consider the pay-in and pay-out options. You often have the possibility to pay your transfer by transferring the money from your bank account or by debit or credit cards. At the other end, in Germany, choose if you need the converted amount to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and start your money transfer to Germany with the money transfer provider you selected
Go to the money transfer provider's website to sign up - be aware you will often need to upload a copy of your ID and/or a proof of adress - and set upyour transfer.