Find the best way to send money to Germany

Looking for a way to send money to family, friends or a business in Germany (or even to your own bank account overseas)? According to MoneySmart, you should avoid Australian banks and go with a money transfer specialist to get better EUR exchange rates and lower fees on international transfers.

Based on the providers we've compared, TorFX is among the cheapest, with competitive exchange rates and fees starting from $0. Need a really fast transfer? Remitly can get money to your recipient in Germany within minutes.

Best ways to send money to Germany from Australia

• Online money transfer provider. When buying Australian dollars or euros money transfer specialists typically offer better rates and cheaper fees than a local bank.
• Bank transfer. Bank transfers are an easy way to send money to Germany but they charge extra for the convenience and are often slower than other methods. AU banks generally add a 3% to 6% markup onto exchange rates.
• Cash pickup. If you need your money to arrive fast, cash pickup gives your recipient instant access to the money you've sent when they collect it from their agent location in Germany.
• Mobile wallet. Essentially an electronic wallet service, mobile wallets allow users to store, send and receive eligible currencies using their phone, often with fees attached.
• Home delivery. If your recipient may struggle to get to a cash pickup location, you may be able to opt for door-to-door cash delivery.

Compare the best money transfer companies to send money to Germany

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20 of 33 results

Filter Values	Finder Score	Fastest Transfer Speed	Fees (Pay by Bank Transfer)
TorFX		8.5 Great	24 hours	$0	TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000. Same-day transfers between AUD and NZD (under $100,000).	Go to site View details Compare product selection Compare	loading
TorFX		8.9 Great	24 hours	$0	TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000. Same-day transfers between AUD and NZD (under $100,000).	Go to site View details Compare product selection Compare	loading
OFX		9.3 Excellent	24 hours	$15	OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to site View details Compare product selection Compare	loading
OFX		7.5 Great	24 hours	$15	OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to site View details Compare product selection Compare	loading
TorFX Business Transfers		Not scored yet	24 hours	$0	TorFX guarantees to match any competitor's exchange rate. T&Cs apply.	TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.	Go to site View details Compare product selection Compare	loading
OFX Business Transfers		Not scored yet	24 hours	$0	OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to site View details Compare product selection Compare	loading
Wise Most Loved		9 Excellent	Within minutes	From 0.19%	Wise uses the mid-market rate and transparent fees to help you send money in 40+ currencies.	Go to site View details Compare product selection Compare	loading
Send Payments		6.7 Standard	24 hours	$0	Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site View details Compare product selection Compare	loading
Remitly		9.3 Excellent	Within minutes	From $0	Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details Compare product selection Compare	loading
Send business		Not scored yet	24 hours	$0	Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site View details Compare product selection Compare	loading
MoneyGram		8.1 Great	Within minutes	Varies	MoneyGram has fast cash pick-up transfers to more than 440,000 agent locations worldwide.	Go to site View details Compare product selection Compare	loading
Send Payments		7.9 Great	24 hours	$0	Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site View details Compare product selection Compare	loading
Qantas Business Money		Not scored yet	Within minutes	$0	Earn 1 Qantas Point on every $1AUD equivalent converted in foreign currency. T&Cs apply.	Set up accounts in 11 different currencies and get rewarded for global business payments by earning Qantas Points.	Continue View details Compare product selection Compare	loading
Xe Business Transfers		Not scored yet	Within minutes	$0	Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in 130+ currencies.	Continue View details Compare product selection Compare	loading
Revolut		9.2 Excellent	Within minutes	From 0.15%	Send money with great rates and low fees in 40+ currencies. Plan fees apply.	Continue View details Compare product selection Compare	loading
CurrencyFair		6.3 Standard	24 hours	€3	New customers get 10 fee-free transfers for the first 6 months. T&Cs apply.	CurrencyFair has bank-beating exchange rates and fast transfer times on 20+ popular currencies.	Continue View details Compare product selection Compare	loading
Xe Money Transfers		9.4 Excellent	Within minutes	$0	Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in over 100 currencies.	Continue View details Compare product selection Compare	loading
CurrencyFair		6.2 Standard	24 hours	€3	New customers get 10 fee-free transfers for the first 6 months. T&Cs apply.	CurrencyFair has bank-beating exchange rates and fast transfer times on 20+ popular currencies.	Continue View details Compare product selection Compare	loading
Xe Large Transfers		9 Excellent	24 hours	$0	Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in 100 currencies.	Continue View details Compare product selection Compare	loading
Revolut Business		Not scored yet	Within minutes	$0	Revolut allows your business to move money around the world quickly and cheaply with 40+ currencies and no maximum limit transfers. Plan fees apply.	Continue View details Compare product selection Compare	loading

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How we picked these

Finder Score for money transfer

We review money transfer providers for different features to assign them a score out of 10. The higher the score, the more competitive the product.

Read the full methodology

Cheapest way to send money to Germany

As reported by the ACCC, bank transfers are typically the cheapest way to get your money to Germany. TorFX and Remitly have some of the lowest bank transfer fees of the brands we've compared.

• Transfer fees. While still cheaper than your Australian bank, money transfer services charge either a fixed or percentage-based fee for making your transfer.
• Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market AUD/EUR exchange rate.

Certain providers may give the mid-market rate but add fees on top and others will have low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many euros your recipient will end up with.

Fastest way to send money to Germany

Actual transfer times from Australia to Germany can depend on several factors including transfer amount, payment method and currency.

• Wise — within minutes
• Remitly — within minutes
• MoneyGram — within minutes

Safest way to send money to Germany

The safest way to get your money to Germany is using a provider registered with Australia's industry regulator, the Australian Transaction Reports and Analysis Centre (AUSTRAC). All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both Australia and Germany.

A great way to dive deeper is by reading our reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.

Example: Maximilian transfers money to Germany

Maximilian is working in Australia as a software engineer and he stays in regular contact with his elderly parents back home in Germany. His parents need some funds to help pay off a mortgage, so Maximilian plans to send them $2,000 from Australia.

He decides to compare a bank and a money transfer specialist to see which one can save the most money on his transaction.

The money transfer company enables Maximilian to send an extra €20.59, which is transferred straight to his parents' Deutsche Bank account.

How to choose a money transfer company for Germany

Frequently asked questions

• How can I pay for my transfer to Germany?

  The most common payment methods for money transfers to Germany include bank transfer, credit card and debit card. How you pay can influence how quickly your euros arrive and the total cost of your transfer, so consider both when deciding.

• What details do I need to send money to Germany?

  • Photo identification: Most providers require a driver's license, passport or other Australian government-issued ID.
  • A way to pay: Your options depend on the provider's services. Popular methods include cash, debit or credit card and bank account transfers.
  • Recipient information: You'll need their name (matching their ID) plus contact details. If sending to a German bank account, you'll need their account number, SWIFT and branch details.

• What is required to receive money in Germany?

  • Transfer number: The reference number – sometimes called a PIN, MTCN or tracking number.
  • Government-issued ID: An official ID, such as a German passport or driver's license.
  • The transfer amount: To know how much has been sent, usually to within 10% of the total.
  • Sender information: The sender's name and address and the transfer's country of origin.

• How much money can I send online to Germany?

  Each provider has its own sending limit. For example, Commonwealth Bank and Wise allow you to transfer as little as $0 while others will have a much higher minimum threshold.

  Maximums are commercial limits set by each provider. Australia has no legal cap on how much you can send overseas, though the business handling the transfer reports it to AUSTRAC.

• How long will it take for my money to arrive in Germany?

  The turnaround time for a money transfer to Germany depends on the provider and how you pay for the transfer. Expect your transfer to arrive within minutes if you pay using cash or with a debit or credit card. Paying by bank transfer can take longer – usually 2–5 business days.

• Can I send money to Germany without a bank account?

  Yes, you can still send a money transfer if neither you nor your recipient in Germany has a bank account. Look at cash transfer providers such as Remitly where you can pay with cash and your recipient can collect it as cash or as mobile phone reload on the other end.