XE Money Transfers - Germany
- Send money to 170+ countries
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As the world becomes increasingly connected, the need to send international money transfers continues to grow. If you need to send money to Poland, no matter whether you’re buying a handmade dress from a Polish fashion designer or simply sending money to a relative, it’s quick, easy and affordable to do so.
Read on to find out how you can save money and time when you need to send an international money transfer from Germany to Poland by comparing the different options available for this service.
If you want to send money to Poland you might like to approach your bank. If you’ve already got an account set up, it’s quite easy to lodge an international money transfer.
However, it’s an unfortunate fact that banks charge high transfer fees and also offer exchange rates which are typically much lower than the prevailing market rates. With this in mind, you might be better off considering the services of a specialist money transfer company. These companies offer fast and affordable international money transfers, typically providing much better exchange rates and lower fees than those you can find from a bank.
Guy needs to send €2,000 to his aunt and uncle in Poland, but he doesn’t like the sound of the low exchange rate and high fees his bank is offering. The official currency of Poland is the Polish złoty.
Desperate for a better deal, he does some research and compares his bank’s money transfer features with those offered by a specialist money transfer provider. The results of his comparison show just how much money he can save with a money transfer company.
|Bank||Money Transfer Service|
|Exchange rate||€1 = 4.15 PLN||€1 = 4.30 PLN|
|Transfer time||2-5 days||24-48 hours|
|Transfer options||Bank account transfer||Bank account transfer|
|Amount received in Polish zloty for €2,000||8,300 PLN||8,600 PLN|
As the above table shows, Guy can send 300 PLN more back to Poland by using a money transfer service, while he can also enjoy a saving of €26 in transfer fees.
If you want to send money to Poland, make sure to consider the following options:
When things go wrong and you find yourself in an emergency, you may find yourself needing to send funds from Germany to Poland as quickly as possible. When this happens, it can be quite easy not to pay full attention to the particulars of your international money transfer.
However, it’s vital that you keep your wits about you and take the time to read the fine print before committing to any transaction. High fees and terrible exchange rates can end up costing you much more than a pretty penny, so double check all the details of any transaction before you sign on the dotted line.Back to top
Western Union and MoneyGram both allow you to transfer money to Poland so it can be picked up in cash from an agent location. If you use one of these convenient services, remember that your recipient will need details of the transaction and photo ID in order to pick up the money. If you’ve transferred a large amount, they may need to phone ahead to ensure the agent has enough cash on hand for them to pick up.
Take a friend with you when you pick up the funds to take advantage of the extra security not being on your own offers. Don’t wave your cash around in front of any strangers and make sure to avoid any nasty areas of town, and it’s always best to head straight to your bank to deposit the cash.Back to top
The list above shows that there are several options to choose from when you want to send money to Poland. While the transfer method does vary slightly depending on the option you choose, you’ll generally have to open an account with a provider before they allow you to transfer funds. This means you’ll need to provide your name, address, date of birth and proof of identification.
After lodging your transfer, hold on to any receipt or tracking number you are given so that you can stay abreast of the progress of your funds.
Sending money to Poland is quick, easy and entirely affordable – just make sure to compare your options and find a provider that offers the best combination of convenience and cost-effectiveness.
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