Get exclusive money-saving offers and guides
Straight to your inbox
By signing up, you agree to the Finder
Privacy & Cookies Policy
and
Terms of Use, Disclaimer & Privacy Policy.
Send money to Germany
Find the best exchange rate and low fees when you send money to Germany from Australia.
Guides
Exchange Rates
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Online money transfer companies typically offer the lowest fees and the most competitive exchange rates — often beating your local bank by a longshot. You'll need to send cash if your recipient doesn't have an account with a supported bank, so compare options to find the best deal for your situation.
Send money to Germany with TorFX
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
- No transfer fees
- Price match guarantee
- Dedicated account manager assigned to you
- Forex tools available
Compare providers who can help you send money to Germany
Compare minimums, speed, fees and more when converting Australian dollars to euros in Germany.
Enter the amount you're transferring to see how much will arrive at your destination.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
What's in this guide?
What's the best way to send money to Germany?
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Germany. Some offer cash pickup in as little as a few minutes, while others transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you'll typically face higher fees and weaker exchange rates when going that route.
Digital money transfer services
Companies like XE and wise specialise in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's German bank account, often in as little as a day or two.
Cash transfers
Services like MoneyGram and Western Union allow you to transfer cash for pickup at a local branch in Germany— often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.
Banks
The euro is a popular currency, so your local bank may be able to exchange them. If your bank supports euros, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to Germany.
Jennifer's family transfers
The company Jennifer works for has asked if she would oversee her department in their Australian office. Jennifer is looking forward to the experience but would like to keep her small house in Hamburg. In order to keep up with the payments, Jennifer decides to look into her options to transferring money to her mother each month, who would then make the deposit for her. She starts by comparing a bank to a money transfer company on the assumption that she would need to send $1,000 AUD to make her monthly payment:| Money transfer company | Bank transfer service | |
|---|---|---|
| Exchange rate | 1 AUD is equal to 0.66 Euro | 1 AUD is equal to 0.67 Euro |
| Fee for transfer | $60 AUD | $20 AUD |
| Amount received in Euro (EUR) | 657.10 | 665.30 |
| Transfer time | Ten minutes | Two to five business days |
| Transfer options | Cash pick up | Bank deposit |
| Difference | +8.20 EUR |
In both fees and the exchange rate, Jennifer saves by using the bank opposed to a transfer company. Since she is making regular monthly payments and will not need to send money quickly, the bank option is her better choice.
How to send money to Germany online
Sign up and send money with a digital money transfer specialist in four steps:
- Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and preferred payment method.
- Provide transfer details. Submit your recipient's contact information and pick a delivery method. If transferring to a bank, you'll need their German bank account details.
- Confirm transfer details. Double-check your payment method, expected fees and destination.
- Save your receipt. Record your receipt's confirmation number to track the progress of your transfer to Germany. Some money transfer providers send a text or email when your transfer is complete.
How to get the most out of your money transfer to Germany
Weigh costs and fees against convenience to best compare money transfer providers that send to Germany. Consider:
- Exchange rates. The AUD-EUR relationship fluctuates often, so using a service that allows you to lock in exchange prices may help you save money down the line if the euro rises against the Aussie dollar.
- Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger AUD-EUR exchange rate.
- Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of euros you're sending to Germany.
- Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Germany.
- Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you're sending is a valid strategy for saving money.
- Transfer methods. Whether you want money sent to a German bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.
Emergency cash transfer
When urgency trumps cost to get your money to Germany quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
How to send money to Germany without a bank account
Cash transfer services can help you if you're unbanked or marginally banked. If you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
Germany's exchange rates explained
The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. Germany's exchange rate is based on the euro, which is flexible compared to the Australian dollar. Because both are relatively stable global currencies, the AUD-EUR relationship typically doesn't make sharp movements. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Track how the euro trades against the Australian dollar in our historical rate chart.
Today's exchange rate AUD to EUR
Documents needed for transferring money to and from Germany
To send money to Germany from Australia, you'll need a government-issued ID and other documents, while documents needed to pick up money in Germany may be different by company.
Documents to send money from Australia
To send money from Australia to Germany, you'll need documentation and details that include:
- Identification. Most services require a driver's license, passport or other government-issued ID.
- Payment method. Your service may accept credit or debit cards, cash, direct deposit or personal checks.
- Recipient information. Submit your recipient's name as it appears on their ID, along with their phone number, German bank account (IBAN or SWIFT).
Documents to receive money in Germany
To pick up money in person, documentation can include:
- Transfer number. The person sending you money can forward the transfer's confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
- Government-issued ID. A German Passport, German ID, EU-country issued ID, or similar official ID may be required to pick up your transfer.
- Amount sent. You may need to know how much was sent, usually within 10% of the total.
- Sender's information. Take along your sender's full name, the sending country and their address, if known.
What to watch out for
Sending money to German relatives or family members in Germany may be subject to taxes on the money transfer, but it depends on several variables.
Learn more about using the European euro in Germany
Bottom line
Sending your hard-earned money to Germany shouldn't cost a fortune. Compare money transfer companies that specialise in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
WorldRemit Deals
Zero fees on your first THREE money transfers
Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers
Last verified
More guides on Finder
-
Find the best AUD to USD exchange rate
Get today’s best Australian to US dollar exchange rates before you send money overseas.
-
International money transfer services
Beat the banks, find the best exchange rates and avoid fees when you send money abroad from Australia.
-
Review: TransferMate international money transfers
Learn about how TransferMate’s personal product works and what it can do for you.
-
iRemit international money transfers review
Make simple and small transfers to the Philippines through the IREMITX app.
-
Where you can use open banking
Find out which companies you can send your financial data to to participate in open banking.
-
How do international money orders work?
Using international money orders to send money overseas? Learn about better options.
-
Revolut launches in Australia: How does it compare to rival neobanks and fintechs?
As Revolut announces it's open for business in Australia, we look at how it compares to the likes of Up bank, TransferWise and 86 400.
-
Money Transfer Finder®
Our picks for the best ways to send money internationally.
-
Money Transfer Finder®
Our picks for the best ways to send money internationally.
-
How do we pick the top money transfer services?
Our top picks are our selection of the best money transfer services, based on our extensive research and market experience. Here's how we choose them.
International Money Transfer Offers
Important Information*
Ask an Expert
Purchasing a property in France. we are in the proceeds of opening a Neo-Bank acct. Will require to send a large sum of money and we are considering the money transfer companies. ‘world first’ looks like our favoured company based on the completed transfer. Should we be considering another compay or anything else? Regards Tamara
Hi Tamara,
Thanks for your message. While we provide information about money transfer providers for Germany, kindly note that we are not in the position to recommend one product and deem it be best since choosing a service provider depends on a customer’s requirements. To help you choose the best one for you, let the information above guide you on that by going to part of the page that says “How to compare transfer companies.”
When sending money – it’s important to check the exchange rate beforehand to maximize the funds to be exchanged. You can refer to this page as it provides tips on finding the best exchange rate. Also, read through the transfer process of the provider such as transfer fees, transfer options and transfer speed to set expectations for the receiver. Take note of any reference or tracking numbers should any transaction delays come up during the transit. Hope this helps and feel free to reach back out for further assistance.
With care,
Nikki