FAQ About Sending Money to Greece

• What's the cheapest way to send money to Greece?

  The cheapest way to send money to Greece is through an online provider. Among the 59 available, Revolut was most often the cheapest provider (in 17.3% of the searches on Monito.com in the past 3 months).

• How much does it cost to send money to Greece?

  If you send money with the cheapest available provider, the total cost of a transfer to EUR was 0.8% of the transfer amount (including all fees and exchange rates) over the past month. Of course, this figure will vary based on the sending country, the pay-in and pay-out options

  In contrast, the cost of the most expensive option was 7.1% on average.

• What is the cost of making an international transfer to Greece using my bank?

  The average total cost (including hidden exchange rate markups) of making a transfer to Greece with banks compared by Monito.com during the past months was 8.6% of the transfer amount. This is 10.3x more expensive than sending money with the cheapest online provider alternative.

• Is PayPal a good option for sending money to Greece?

  It’s possible to send money to Greece with PayPal, but it’s expensive. The average cost of transfers to Greece with PayPal is 5.6%, whereas the cheapest online services have an average cost of 0.8% of the amount you send.

• Is Western Union good for sending money to Greece?

  Western Union is a popular provider with the biggest agent location network. The average cost of online money transfers to Greece with Western Union* is 0.2% of the amount you send, whereas the cheapest online services have an average cost of 0.8%. Remitly is the provider that is most often the cheapest for money transfers to a cash pick-up location in Greece.
  
  *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

• What's the cheapest cash pick-up provider in Greece?

  Over the past three months, the provider that was most often the cheapest for cash pick-up transfers in Greece was Remitly, with an average cost of 1.3% of the amount you send (which includes fees and exchange rate margins).
  
  The average total cost to send to a bank account rather than a pick-up location during the same period was 0.9%. Revolut was the provider most often the cheapest for transfers to bank accounts in Greece.

• What is the fastest option to send money to Greece?

  The provider that was most often the fastest on Monito's comparisons over the last three3 months was Instarem (average fastest transfer time: Same day)