Send money to Greece

Understand what your options are when transferring funds to Greece.

Last updated:

Oia town, Santorini, Greece

The credit crisis in Greece has largely stabilised and the majority of large banks and global transfer providers have now reinstated their services into the country.

We contacted several banks and transfer providers to confirm that no restrictions are currently in place for money transfers into Greece at this point in time.

You can check the list below for the names of the lenders and providers offering money transfer services to Greece.

SendFX International Money Transfers

SendFX International Money Transfers

Use Send to make fast, fee-free payments to bank accounts around the world. You can create an account for free and get personalised help with a dedicated account manager.

  • Price-match guarantee
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  • Multi-currency wallet available

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    AUD 2,000 1 day AUD 0.00 0.614 EUR
    6,142
    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.
    Go to site Show details
    AUD 2,000 1 day AUD 0.00 0.614 EUR
    6,142
    Better exchange rates for Finder customers.
    Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
    Go to site Show details
    AUD 2,000 1 day AUD 0.00 0.614 EUR
    6,142
    SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
    Fee-free transfers in 30+ currencies to over 200 countries.
    Go to site Show details
    AUD 250 1 - 2 days AUD 0.00 0.614 EUR
    6,142
    $0 transfer fees for Finder customers.
    No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
    Go to site Show details
    GBP 3,000 1 day AUD 0.00 0.614 EUR
    6,142
    Global Reach will match any competitor's exchange rates. Conditions apply.
    Get no fees as a Finder customer when you transfer your money overseas with Global Reach.
    Go to site Show details
    AUD 5 1 - 2 days EUR 3.00 0.611 EUR
    6,104
    Special offer: Zero fees on your first 10 transfers.
    Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
    Go to site Show details
    AUD 1 Within an hour AUD 3.99 0.609 EUR
    6,090
    Use promo code 3FREE to send your first 3 transfers with no fee.
    An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
    Go to site Show details
    AUD 1 1 - 2 days AUD 45.00 0.617 EUR
    6,139
    Make online transfers at the mid-market rate with transparent fees in 45+ currencies. Go to site Show details

    Compare up to 4 providers

    Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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    Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

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    What’s the current state of the Greek economy?

    In February 2017, the Greek finance ministry announced that the yield on the country's bonds was near that of its pre-2010 levels, before its economic crisis began.

    The International Monetary Fund (IMF) predicts Greece's gross national product (GDP) will rise 2.8% in 2017, and an additional 1.2% yearly through 2020.

    In June 2017, the Euro zone gave Greece a US$9.5 billion credit to help with debt relief. On 13 July 2017, Greece sent the IMF a letter detailing its plans to meet debt commitments by June 2018.

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    Business as usual for transfers from Australia to Greece

    While two major transfer providers, Western Union and MoneyGram, previously suspended their services into Greece, the majority of banks, financial institutions and global transfer specialists have no current restrictions on transfers from Australia to Greece.

    The following lenders and global transfer providers have confirmed that they have no restrictions on transfers into Greece as normal fees and rates apply:

    These providers claim that it’s "business as usual" for transferring money to Greece; however, they do warn that you should exercise caution if you need to transfer money out of the country.

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    Recap

    With a government debt ratio forecast to reach 150% in 2020 and 140% in 2022, the International Monetary Fund (IMF) warns that Greece will be vulnerable to economic shocks in the years to come.

    The people of Greece voted "Oxi" or "No" on 5 July 2015, turning down a bailout package offered by the European Union that would have extended their current loan terms and offered solutions that would also help to pay off these loans.

    The European Union subsequently provided a €7 billion bridge loan to Greece on 21 July while the Greek government voted on whether to accept a new bailout package. This loan was used to pay down some of the outstanding payments on debts Greece already has and also coincided with the reopening of Greek banks, although with tight restrictions.

    While no restrictions are currently in place for transfers from Australia to Greece, the dire financial situation in Greece still remains.

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    Logo for TorFX International Money Transfers
    TorFX International Money Transfers

    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.

    Logo for WorldFirst International Money Transfers
    WorldFirst International Money Transfers

    Better exchange rates for Finder customers.
    Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

    Logo for SendFX International Money Transfers
    SendFX International Money Transfers

    SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
    Fee-free transfers in 30+ currencies to over 200 countries.

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