Send Money To Germany

Personal
Business
From
United States Flag
United States
USD
To
Germany Flag
Germany
EUR
1 USD equals
0.84 EUR
Updated on April 12, 2021
 
How much to transfer?
$1-$1k
$1k-$10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+
Promo Offer Available
Super low 0.4% margin for new customers referred by iCompareFX. Simply click GO TO SITE and register.

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

Currencies Direct Logo
  • Check Icon
    Forward contracts and limit orders
  • Check Icon
    Scheduled transfers
  • Check Icon
    Travel money solutions for residents of the UK
  • Check Icon
    Multilingual website
$
$
$

low

Fees
84
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card

Features

  • Check Icon
    Forward contracts and limit orders
  • Check Icon
    Scheduled transfers
  • Check Icon
    Travel money solutions for residents of the UK
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Schedule transfers easily
  • Circle Check Icon
    Make use of hedging tools
  • Circle Check Icon
    Accepts customers from most countries
  • Circle Check Icon
    Cannot sign up from all states in the U.S.

XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
71
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
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    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+
Promo Offer Available
Three free transfers for new customers! Check out the WorldRemit promo guide for more info.

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

TransferWise Logo
  • Check Icon
    Transparent fee structure
  • Check Icon
    Send money to email addresses
  • Check Icon
    Multicurrency account with debit card
  • Check Icon
    Multilingual website & app
$
$
$

low

Fees
75
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Credit Card
  • Debit Card
  • Country specific alternatives

Features

  • Check Icon
    Transparent fee structure
  • Check Icon
    Send money to email addresses
  • Check Icon
    Multicurrency account with debit card
  • Check Icon
    Multilingual website & app

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    User friendly mobile app
  • Circle Check Icon
    Multi-currency account
  • Circle Check Icon
    Travel debit card
  • Circle Check Icon
    No scheduled transfers
  • Circle Check Icon
    No dedicated account manager

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      How to send money to Germany

      How To Step Icon
      Step 1
      Examine options before registering
      Examine options before registering
      Examine your options as many companies that let you send money to Germany. 
      Once you make a selection, sign up as an individual or a business.
      The registration process requires your contact details and information from an identity document such as your driver's license or passport.
      How To Step Icon
      Step 2
      Ask for a rate quote, set up your transfer
      Ask for a rate quote, set up your transfer
      Start by determining if it is a good time to send money to Germany by observing historical EUR exchange rates.
      If you wish to move forward, let your service provider know of the transfer amount and get a rate quote.
      Lock the exchange rate on offer to set up your transfer.
      This is the stage when your service provider will ask for the recipient's German bank account details.
      How To Step Icon
      Step 3
      Carrying out the transfer
      Carrying out the transfer
      You may pay for your transfer using any of the acceptable payment methods.
      Your service provider begins the process of transferring money to Germany only after it is in receipt of your payment.
      Tracking your transfer is usually simple - either by visiting your service provider's website, or via notifications.

      Currency Symbol and Swift Codes

      The Deutsche Mark (DEM) served as the official currency of West Germany from 1948 to 1990, and of unified Germany from 1990 to 2002. The euro (EUR) replaced the mark in 1999, although the mark remained in circulation until early 2002. One euro is divided into 100 cents. The euro is now the second most traded currency as well as the second largest reserve currency in the world.

      To transfer money to a German bank account, you will need the bank’s SWIFT code. Here are SWIFT codes of some popular banks in Germany.

      BANKBRANCHSWIFT CODE
      Deutsche BankBerlinDEUTDEBBXXX
      CommerzbankBerlinCOBADEBBTSU
      DZ BankFrankfurtDZBADEF1XXX
      HypoVereinsbank (UniCredit Bank)BerlinHYVEDEMM488

       

      Case Study

      Lucas had to move to the UK because of work, while his wife and daughter stayed back in Germany. His wife had a job, but she did not make enough to cover for the household expenses as well as their home and car loan repayments. As a result, Lucas was to keep sending her some money each month. Upon getting to the UK, Lucas compared the services of a leading bank with that of a top money transfer company. The table below shows you the result of his comparison.

       BANKMONEY TRANSFER SERVICE
      Exchange rateGBP 1 = EUR 1.0811GBP 1 = EUR 1.1284
      Transfer feeGBP 20GBP 0
      Amount received for GBP 3,000EUR 3,221.68EUR 3,385.20
      Transfer time2 to 5 days1 to 2 days
      Transfer optionsBank accountBank account
      Difference of EUR 163.52

      The overseas money transfer company turned out to be a better alternative than the bank on multiple counts. It was more cost effective, it offered a quicker turnaround time, it allowed scheduling of transfers, and it also gave Lucas the option of locking in exchange rates for up to six months.

       

      Cash Pickup Locations in Germany

      Sending money to Germany quickly is possible if the recipient can collect the transferred funds from a physical location. Some of the top companies that have agent networks in Germany include Western Union, Ria, and MoneyGram.

      WESTERN UNION IN GERMANY 
      Berlin Deutsche Postbank Rathausstr 5 BerlinGeco Alexa Grunerstr 20 Berlin
      Frankfurt International Exchange Intex Frankfurt Airport Terminal 2, Building 151, Arrival E FrankfurtGeco Frankfurt Waechtersbacher Str 75 Frankfurt am Main
      RIA IN GERMANY 
      Berlin Dircksenstrasse 2 Bahnhof Alexanderplatz/UntergeschossMDS395 Friedrichstrasse 150-152 Berlin
      Frankfurt Said El Hamdi Zeil 43 Frankfurt am MainCity Shop Kaiser Kaiserstrasse 57 Frankfurt am Main

       

      Safety Tips for Picking Up Cash in Germany

      Crime levels in Germany are typically low and instances are violent crimes are rare. Remain vigilant at events that attract large crowds. Petty crime such as bag snatching and pickpocketing takes place in and around the big cities, at airports, at train stations, and at Christmas markets. Pickpockets also work in teams, distracting victims before they are targeted.

       

      What Information Do I Need to Transfer Money to Germany?

      The information you need to carry out a money transfer to Germany depends on the transfer method you select.

      • Bank account. You will need the account holder’s complete name, an International Bank Account Number (IBAN), the receiving bank’s name, and the receiving bank’s SWIFT code.
      • Cash pickup center. You will need the recipient’s complete name and the location of a suitable cash pickup center. To collect the money, the recipient will need to provide a reference number along with an acceptable form of ID.

       

      Regulations When Transferring Money To and From Germany

      There are times when you might need to report money transfers to and from Germany to Deutsche Bundesbank, the institution that is responsible for collating foreign trade related statistics. All transfers that exceed €12,500, and some that are below this amount, need to be reported.

      If you enter Germany from a non-European Union country, you have to declare any amount over €10,000 to the relevant authorities.

      Convert USD to EUR

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      EUR
      Sending money online through specialist money transfer companies.

      Expect to receive between €83.13 and €83.64 when sending money from USD to EUR at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately €79.78, not including additional banking fees. That is an average saving of €3.61.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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