In 2010 Germany experienced a remittance inflow of $11.6 billion, making it one of the top remittance recipient countries in the world. If you need to transfer money to Germany you may be wondering “what is the best way to transfer money to Germany?” Transferring money to Germany is really simple as there are no currency restrictions so you will be able to transfer any currency that you wish. There are lots of services that offer money transfer services to Germany, so you will want to find one that charges low transfer fees and offers a great exchange rate for the Euro, or any other currency you wish to transfer.

Transferring money to a German bank account: What are the options?

A Bank

A bank may be the first thing some people think of when they need to transfer money overseas as this is an obvious solution. While this is a easy way to deal with your finances, banks  often offer very low exchange rates and charge high transfer fee, making this an expensive way to transfer money to Germany.

A money sending bureaux

A money sending bureau is another service that will enable you to transfer money to Germany. They can be an ideal alternative to transferring money through a bank as they often provide online services which make this a fast and easy way to transfer money to Germany. However, money sending bureaux are generally an expensive way to transfer money to Germany as they offer poor exchange rates and charge significant transfer fees.

Xendpay: The ideal way to transfer money to Germany

Transferring the money through a  foreign exchange specialist like Xendpay is the ideal solution when you need to transfer money to a German bank account.

Why Xendpay?

  1. Great exchange rate accross our range of currencies. Why not compare our exchange rate?
  2. Low transfer fees – We charge some of the lowest transfer fees, that beat most banks and money sending bureaux. Have a look at our transfer fee page for further information
  3. Send money 24/7, online via our payments platform
  4. Online and telephone assistance
  5. No need to visit shops or to queue
  6. Easy way to transfer money to Germany

What details will I need to send money to a bank account in Germany?

Transfer money to Germany now