Monito compares 11 different options offering money transfers from Germany to Pakistan.
To transfer euros to a bank account in Pakistani rupees in Pakistan, the most competitive option is currently Remitly, with no transfer fees and a competitive EUR-PKR conversion rate (currently at 1 EUR = 198.931 PKR).
Adding the fees and exchange rate margin, the total cost with Remitly is 5.02 EUR, in comparison the total cost would be 28.74 EUR (approximately 6x more) if you selected to use OFX to make the same transaction.
You prefer the money to arrive in cash? We list 3 money transfer companies able to send Pakistani rupees in cash in Pakistan: Remitly is at the moment the most competitive option with no transfer fees and a good EUR-PKR conversion rate (currently at 1 EUR = 197.42 PKR).
This recommendation was updated a few minutes ago.
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Let's start with the most expensive solutions: German banks, PayPal, or cash-bashed money transfers are not the best way to make a transfer from Germany to Pakistan. The fees can be quite low (sometimes even zero), but they often apply a markup on the exchange rates and add a high hidden fee that you can avoid by comparing your options.
With Monito comparison tool, you will find a reliable and cheap option for sending money from Germany to Pakistan.
Your bank in Germany might not offer you the best rate to send money to Pakistan. It will charge a high fee and offer you a poor exchange rate of Euro to Pakistani rupee. Fortunately, many money transfer operators offer a much better exchange rate. All of them you can compare on Monito and find the cheapest option for your transfer from Germany to Pakistan.
Here's how to send money from Germany to Pakistani bank account with a money transfer specialist:
Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Pakistan.
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.