How to send money to Greece

Understand what your options are when transferring funds to Greece.

Last updated:

How to send money to Greece

Understand what your options are when transferring funds to Greece.

Last updated:

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When you need to get money to a loved one in Greece it can feel like a Herculean task. Sending money from the United States to Greece doesn’t have to be expensive and complicated. Compare the transfer fees and exchange rates of the various options available to you to get the most euros in Athens for your dollar.
OFX International Money Transfers

Our pick: OFX

OFX offers flexible transfer options, 24/7 customer support and no maximum limit. Send a minimum of $1,000 per year.

$0 transfer fees. Send fee-free transfers to over 195 countries worldwide.
Transfers in 55 currencies. OFX supports major, minor and exotic currencies.
Flexible options. Choose from forward contracts to scheduled transfers for convenience and flexibility.
Customer support. Larger transfers get personalized service over the phone.

    Compare money transfer services to Greece

    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.

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 1,000 1 day USD 0.00 0.916 EUR 4,581 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
    GBP 1,000 1 - 2 days USD 0.00 0.916 EUR 4,581 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
    For larger transfers, get no transaction fees and no maximum send limits.
    Go to site Show details
    USD 1 1 - 2 days USD 0.00 0.921 EUR 4,607 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
    USD 2,000 1 day USD 0.00 0.916 EUR 4,581 $0 transfer fees with rates at never more than a 2% markup. Go to site Show details
    USD 0 1 - 2 days USD 1.99 0.907 EUR 4,533 Special offers like free transfers and better exchange rates available for new customers.
    Quick, affordable transfers around the world with both express and economy options.
    Go to site Show details
    USD 1 1 - 2 days USD 40.00 0.925 EUR
    4,590
    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
    EUR 1,000 1 - 2 days USD 10.00 0.916 EUR 4,572 Use TransferMate to help you send money to almost any country around the world for a small fee. Go to site Show details
    USD 1 Within an hour USD 3.99 0.922 EUR 4,604 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. 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.

    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.

    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?
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    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 up front, and your recipient gets more euros.

    Steps to send money to Greece

    1. Choose from among the numerous transfer providers who send money to Greece.
    2. Register with the provider and supply your name, address, contact information, date of birth and a valid photo ID.
    3. Provide your recipient’s name, address, contact details and bank account information as required.
    4. Enter the amount you want to send, complete your transaction and save your receipt number to follow up on the progress of your transfer.

    Find a money transfer location near you

    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.

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    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. The euro’s exchange rate is flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

    Currency exchange rate for Greece

    Ways to send money to Greece from America

    Must read: 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.


    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.

    Same-day cash transfers to Greece

    If you ever need to send an emergency cash transfer to Greece— maybe your teenage son or daughter is backpacking through Europe and has run out of money — remember that urgent transfers often don’t come cheap. Fees rise and exchange rates often fall when you send a transfer ASAP, so take a little time to examine the full cost of your transfer before you send it.

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