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Find the best ways to send money to India from Germany

RemitlyWisePayPalWorldRemitWestern Union
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Compare 11 providers for a 100 EUR transfer from Germany to India

Results updated 6 days ago.

For the most up-to-date and accurate results, start a new search

  • Sponsored
    WorldRemit
    7.8
    Over 4 million users
    Zero fees on your first 3 transfers with code 3FREE
    Same day

    Recipient gets

    • Pay by: Debit card, Credit card, Direct bank payment

      8,157 INR

      7,995 INR

Compare 11 providers

Sorted by amount received

  • Best deal
    Panda Remit
    ?
    Zero fees on your first transfer
    In minutes

    Recipient gets

    • Pay by: Bank transfer, Debit card

      8,265 INR

      7,770 INR

  • Remitly
    8.8
    Preferential fee and/or exchange rate on your first transfer
    Same day

    Recipient gets

    • Pay by: Credit card, Debit card, Direct bank payment

      8,262 INR

      7,912 INR


    4 to 6 days

    Recipient gets

    • Pay by: Bank transfer

      8,262 INR

      7,912 INR

  • XE Money Transfer
    7.8
    Popular with Monito users
    In minutes

    Recipient gets

    • Pay by: Debit card, Credit card, Bank transfer

      8,175 INR

  • Skrill
    8.4
    Next day

    Recipient gets

    • Pay by: Direct bank payment, Bank transfer

      8,174 INR

    • Pay by: Debit card

      8,158 INR

    • Pay by: Credit card

      8,142 INR

  • InstaReM
    8.0
    Same day

    Recipient gets

    • Pay by: Debit card

      8,163 INR

  • WorldRemit
    7.8
    Over 4 million users
    Zero fees on your first 3 transfers with code 3FREE
    Same day

    Recipient gets

    • Pay by: Debit card, Credit card, Direct bank payment

      8,157 INR

      7,995 INR

  • N26
    8.0
    Locked-in exchange rates
    Germany’s leading neo-bank
    Next day

    Recipient gets

    • Pay by: Bank transfer

      8,134 INR

    • Pay by: Direct bank payment

      8,124 INR

    • Pay by: Debit card

      8,100 INR

    • Pay by: Credit card

      8,010 INR

  • Wise
    9.5
    Over 120,000 five-star reviews on Trustpilot
    Locked-in exchange rates
    2 days

    Recipient gets

    • Pay by: Bank transfer

      8,134 INR


    Next day

    Recipient gets

    • Pay by: Direct bank payment

      8,124 INR

    • Pay by: Credit card, Debit card

      8,100 INR

  • CurrencyFair
    8.6
    1 to 3 days

    Recipient gets

    • Pay by: Bank transfer

      8,057 INR

  • Xendpay
    6.6
    3 days

    Recipient gets

    • Pay by: Bank transfer

      7,854 INR


    2 days

    Recipient gets

    • Pay by: Credit card, Debit card

      7,710 INR

  • Deutsche Bank
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.
    3 to 5 days

    Recipient gets

    • Pay by: Bank transfer

      5,576 INR

      Estimated

    Details

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

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How to send money from Germany to India at the best rate?

Monito compares 11 different options offering money transfers from Germany to India.

If you want to transfer euros to a bank account in Indian rupees in India, Panda Remit currently offer the best deal you can get with zero transfer fees and a competitive EUR-INR exchange rate (currently at 1 EUR = 82.6463 INR).

In comparison, you would pay a total cost of 32.18 EUR (roughly -62x more expensive) if you were to use Deutsche Bank to make the same transaction.

For your transfer to India, it might be worth it to also check out two other alternatives to Panda Remit: Remitly and XE Money Transfer.

You prefer the money to arrive in cash? No problem, we list 1 money transfer providers able to send Indian rupees for cash pick-up in India: Remitly is currently the cheapest provider with no transfer fees and a very competitive EUR-INR conversion rate (their current rate is 1 EUR = 82.62 INR).

This recommendation was updated a few minutes ago.

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Monito's Recommendations for Sending Money from Germany to India

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Germany to India:

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Best Ways to Send Money from Germany to India

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Living in India?

If you are living in India and want to receive money cheaply from your friends and loved ones abroad, then take a look at our in-depth guide here.

Best Rated Providers to Send Money from Germany to India

The best ways to transfer money from Germany to India

When you’re transferring money from euros (EUR) to rupees (INR), you want to keep your currency exchange fees to an absolute minimum. We help you find the simplest, quickest and most secure ways to convert your money and send it from Germany to India. 

Whatever your needs, we’ll save you money. Whether you’re sending your salary back to India, helping out family and friends or planning a trip, we can help by sharing the cheapest and best money transfer providers. That way, the person getting the rupees has more cash in their pockets, and that’s good for both of you.

You’re probably paying too much to send euros to India

German residents send over 290 million euros to India every year. Traditional banks, PayPal and some currency exchange businesses do charge unnecessarily high fees. Combined, on the total amount that Germany sends to India each year, these charges could mean up to 15 million euros in unnecessary fees — or 125 euros each if all of the 120,000 German residents of Indian origin are converting their euros to rupees.

Reasons to send money from Germany to India

There are around 120,000 residents of Indian descent in Germany, of which around 50,000 hold an Indian passport, with the remainder being born in Germany or being permanent German residents. These people have a variety of reasons to send money between Germany and India, including:

  • Indian workers in Germany repatriating their salary to an Indian bank account.
  • Helping out friends and family in India with some extra cash.
  • Businesses in Germany transferring money to India for manufacturing, supply, outsourcing or other reasons.
  • Germans travelling in India who want access to their funds from home.

Whatever your reason, we’ve got the right specialist currency providers to help you send your money quickly, securely and cheaply. 

How you get charged when you transfer from EUR to INR

There are three main ways you could be overpaying when you’re converting between German and Indian money:

  • Fixed fee — this is a fixed EUR fee that banks and some other providers charge to convert and transfer money to India. It could be as much as 40 EUR.
  • Percentage fee — this is a commission that you pay on the total amount you transfer, so the less you send, the less you pay. These percentage fees can range between under half a percent to two percent or more.
  • Difference to exchange rate — this is where a currency provider offers a worse exchange rate than the standard exchange rate. For example, the standard exchange rate states that 200 EUR is worth 15,730 INR, but a currency provider sends 15,350 rupees to the beneficiary.

These fees can quickly add up, and your German bank is going to be one of the most expensive ways to transfer money. You’ll save significantly on your fees if you use a specialist currency provider to send money from Germany to India.

For example, if you’re sending 1,000 euros between Germany and India, the cheapest international money transfer provider will charge less than 5 euros, while Deutsche Bank will charge 43 euros. 

When we compare money transfer providers, we take all the fees into account and recommend the ones where your euros go furthest. Note that the least expensive and fastest ways to transfer money between Germany and India does change over time, and can vary depending on how much you’re sending. 

How to send money from Germany to India

Sending money to India is fast and simple.

Paying in and funding options in Germany

German residents have a few ways to pay for a transfer. You can normally choose to fund a transfer by debit card, credit card, bank account transfer or direct bank payment. Note that there may be an additional charge for paying by debit or credit card. 

Money collection options in India

Almost 200 million Indian residents don’t have a bank account, which means a cash pickup is a good option. Money transfer providers like Small World offer easy cash pickup, although most providers only offer bank account deposits. Small World agents mean beneficiaries can pick up cash in more than 10,000 locations. 

Using a FOREX provider for sending money from Germany to India

For higher-value transactions to India, you may choose to transfer funds using a foreign exchange (FOREX) broker, as you will receive personalized phone or email service and may be assigned a specialist account manager. A FOREX broker may offer multiple collection options for the person receiving the funds.

The fastest and cheapest providers for sending money to India from Germany

The fees you pay to send money to India can change, depending on how much you’re transferring. Because of this, we’ve compared money transfer specialists over four different amounts:

  • Very low-value transfers of 100 EUR or less
  • Low-value transfers of 500 EUR
  • Medium-value transfers of 2,500 EUR
  • High-value transfers of 5,000 EUR or more

FAQ about money transfers from Germany to India

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

  • The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.

  • Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito
  • Monito is Trusted by 15+ Millions Users across the globe.

  • Monito's experts spend hours researching and testing services

  • Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

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