Greece palace

How to Transfer Money to Greece Cheaply

Information verified correct on January 23rd, 2017

Take advantage of low fees and competitive exchange rates when sending money to Greece

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Greece doesn’t have to be expensive. Compare the transfer fees and exchange rates of the options available to you to get the most euros for your dollar.

Compare Money Transfer Services

Our interactive table lets you compare current fees, exchange rates, transfer speeds and other details about sending your money overseas. Enter the amount you’re transferring, and see how much will arrive at your destination.

Rates last updated January 23rd, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

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.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Payoneer International Money Transfers
Send Mass Payments To Your ... Send Mass Payments To Your Payees Worldwide
USD 20
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
An online money transfer service ... An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.
USD 500 2 days
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
Transferwise International Money Transfers
Make online transfers in a ... Make online transfers in a range of currencies and enjoy high maximum transfer amounts.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money between 20 currencies ... Transfer money between 20 currencies and enjoy scheduled regular transfers. No fee for transfers over US $5,000.
USD 100 2 days
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Currencies Direct International Money Transfers
$0 online transfer fee that ... $0 online transfer fee that you can access 24/7.
USD 100 2 days
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Exclusive offer: Special exchange rates ... Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com exclusive exchange rates and $0 transfer fee on all transfers.
USD 150 1 day
OnlinePhoneAgentInternational Money Order...
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
TorFX guarantee to beat any ... TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Back to top

How do international money transfers work?

If you don’t already have an account with the company you choose for your transfer, you’ll need to open one either in person or online. The money you send can be in cash or from a bank account, a debit card or even a credit card. Simply put, once you’ve signed over your funds and designated a recipient, the bank or transfer agency whisks it through electronic money networks to its destination, where your recipient either picks it up in person or finds it deposited into their bank account.

Back to top

How to compare transfer companies when transferring money to Greece

You’ll want to consider costs, of course. But other factors can also affect your choice.

  • Exchange rate. U.S. dollars are converted to euros at an exchange rate that’s set by the transfer provider. These rates vary day to day, even moment to moment, and among providers.
  • Fees. Most companies charge a fee to dispatch your money around the world, though some will waive that fee for large transfers. The fee and the exchange rate determine how much your transfer will cost.
  • Minimum amounts. Some companies will transfer as little as a dollar, but others won’t deal with anything less than a few hundred. Look for a match with what you’re trying to send.
  • Urgency. If the money needs to get there ASAP, most providers complete transactions in a day or two. Some can do it in minutes, at a higher cost. The fastest availability usually comes with picking up the funds in cash. Surprisingly, using a credit or debit card on your end can be faster than pulling money directly from a checking account.
  • Process and scheduling. Do you prefer to send money online, over the phone or in person? Do you want to schedule a future transfer or use a forward contract in anticipation of better exchange rates?
  • Payment methods. Will you pay with cash, a bank account or a debit or credit card? Transfer agents often see debit cards as quicker and more secure than the bank accounts they’re based on. However, using a credit card can trigger cash advance charges from your credit card company.
  • Customer service. How much help will be available if you hit a snag or have a question? Are the support hours convenient?

Back to top

Banks vs. money transfer providers

Think the obvious way to send money abroad is through your bank? It may also be the slowest and priciest, with high fees and weak exchange rates — resulting in fewer euros for your recipient.

You can save time and money by using a money transfer company that specializes in zipping funds around the world. They stay in business by offering low fees, and most take a minimal cut of the exchange rate. You pay less upfront, and your recipient gets more euros.

Back to top

Helen sends money to Greece

Helen lives in Pennsylvania and wants to send $500 to help her nephew George in Patras fix his car. She calls her bank and is stunned at their fees and exchange rates for a wire transfer. After searching online, she finds a money transfer company that will let her help George for less.

BankTransfer company
Exchange rate1 USD = 0.913 EUR1 USD = 0.94 EUR
Transfer fee$45$0
Transfer methodBank account withdrawalBank account withdrawal
Processing time2 business days1 business day
NZD received456.50 EUR470 EUR

As the table shows, Aunt Helen can send George an extra 13.5 euros on the exchange rate alone by using the transfer company. And she’ll save the $45 transfer fee on her end.

Back to top

Find a money transfer location near you

Back to top
Foreign exchange rates explained
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. For example, in December 2016, the U.S dollar was worth approximately 19 Mexican pesos. However, most countries’ exchange rates are flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Back to top

Ways to send money to Greece from America

Back to top

Picking up cash at a money transfer branch

If you send money for pickup at a money transfer location, share the transaction reference number with your recipient. The recipient will also need a photo ID and may want to call ahead to confirm operating hours and availability of the cash.

Greece’s crime rate is relatively low, according to the U.S. State Department. But anyone picking up a large amount of cash anywhere should keep it out of sight, be aware of their surroundings and deposit or spend it as soon as possible. Identify a safe pickup location in advance, and encourage your recipient to take a friend.

Back to top

How safe is a money transfer?

When processed through a reputable provider, your funds are safely tracked until in the hands of your recipient. When sending money internationally, federal protections are in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

Back to top

Follow the money to Greece

Whichever method you use, keep a record of the transaction reference number and other details so you can track the transfer and follow up if your recipient has any issues.

For a more comprehensive look at sending money overseas, see our guide to sending money overseas.

Back to top
Was this content helpful to you? No  Yes

US International Money Transfers Offers

Learn about our information service
WorldRemit International Money Transfers

An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.

OFX International Money Transfers

Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com exclusive exchange rates and $0 transfer fee on all transfers.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.

Transferwise International Money Transfers

Make online transfers in a range of currencies and enjoy high maximum transfer amounts.

feedback