Send money to Germany at a bank-beating rate by comparing different money transfer companies

There are plenty of online money transfer companies to choose from. So, if you need to send money to Germany, take a look at our handy advice.

Here is what you need to know about sending money to Germany, when comparing different quotes.

Tips for picking up cash in Germany

The government advisory website SafeTravel warns of bag snatching and other types of street crime, as foreigners can be the target of theft in major German cities and tourist destinations. Travel in a group if you are concerned for your safety when picking up cash. If you are travelling solo, your hotel may be able to assist with an escort, especially if you are collecting a large sum of money.

Rates last updated July 17th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
NZD 200
1 day
Online, Phone, Agent
TorFX guarantee to beat any competitor's exchange rate for a transaction

Conditions apply
OrbitRemit International Money Transfers
3 - 5 days
$4 transfer fees applicable
Currency Online International Money Transfers
2 days
Online, Phone
Is committed to save money whenever you make a purchase or sale involving foreign currency.
Highly competitive exchange rates and low or zero fees.
XE International Money Transfers
1 day
Online, Phone, Bank Account to Bank Account
Send money in more than 60 currencies. Fee-free international money transfers with a global brand.
WorldRemit International Money Transfers
WorldRemit International Money Transfers
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive: OFX (Ozforex) International Money Transfers
AUD 250
1 - 2 days
Online, Phone, Agent
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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Banks versus money transfer companies

The table below shows the differences between overseas money transfer companies and your bank.

Bank Overseas cash payment company Online money transfer company
Exchange rate NZD$1 = EUR€0.5930NZD$1 = EUR€0.5852287NZD$1 = EUR€0.6010
Transfer feeNZD$18NZD$74EUR€3
Amount received for $1,000 NZD (in euros)EUR€575EUR€511.22EUR€598
Transfer time 2 – 4 business daysMinutes2 business days
Transfer optionsBank account depositCash collectionBank account deposit
Difference of (not including transfer fee)0EUR€(-63.78)EUR€3 EUR

Current: 25/02/16

How do I compare money transfer companies?

  • Exchange rate. What exchange rate can an international payment provider offer? All providers will let you trade New Zealand dollars and euros. Look out for best-rate guarantee offers if you are rate hunting, and also be wary of the exchange rate on no transfer fee deals. Sometimes the transfer fee is included in an inflated exchange rate margin.
  • The transfer fee. Some money transfer companies will waive the transfer fee if you are sending more than NZD$10,000, for example. Other providers give you first transfer free deals as a sweetener when you join.
  • Transfer time. This will be based on how you pay and how you want the money collected. Cash payments are available in an instant when you pay with your card. Bank account transfers can take up to four business days to clear.
  • Payment methods. Ways to pay include: debit card, credit card, cash in person and bank account deposit. Credit, debit and cash payments can clear in minutes.
  • Collection options. A select number of providers have offices in Germany where cash can be collected in person. Banks and other money transfer companies all offer bank deposits as a transfer method.
  • Transfer options. All providers allow you to make an on-the-spot payment to Germany. Only a handful offer additional services such as recurring payments, forward contracts and limit orders.
  • Transfer limits. This may be a consideration for payments less than NZD$50–NZD$100 or more than NZD$5,000–NZD$7,000.
  • Customer service. Does the money transfer company have a New Zealand-based customer service team on hand to answer any of your questions?

How do I send money to Germany from New Zealand?

Use these different international payment services to send money to Germany.

Your bank

You can make a payment to a German bank account at your local bank branch, via telephone banking, or you can make an online payment by logging into your Internet banking facility. Enter the following information about the recipient, to send money to a German bank account.

  • The recipient’s name and address
  • Their account number or International Bank Account Number (IBAN)
  • The overseas bank name, branch location and SWIFT code

Online money transfer company

Register for a free account to send money to Germany using one of the following online money transfer companies.

  • TorFX. Send money to Germany at a bank-beating exchange rate. TorFX offer customers a best-rate guarantee on international money transfers.
  • CurrencyFair. A peer-to-peer transfer system giving you access to market rates. Send money to a German bank account for just a few euros.
  • WorldFirst. Pay a flat transfer fee for transactions under NZD$10,000. WorldFirst can exchange NZD to EUR at close to the market rate.
  • OFX. Pay OFX by bank deposit to send money to Germany. Minimum transfer limits make this service a better option for large payments.
  • CurrencyOnline. An online money transfer company offering better rates than the banks and a range of transfer options, including forward contracts and market orders.
  • CurrencySolutions. A UK-based online money transfer company, CurrencySolutions also offers a best-rate guarantee on money transfers to Germany.
  • Compass Global Markets. Australian-based Compass Global Markets provides a range of FX transfer options.
  • Travelex International Payments. Travelex offers a “price promise”, which claims to guarantee the best overall quote. Travelex also provides different transfer options such as like regular payments.
  • HiFX. HiFX provide New Zealand dollar to euro transfers for businesses and individuals. Transactions greater than NZD$10,000 are free.
  • 1st Contact Forex. 1st Contact is a UK-based money transfer company with offices in Australia.
  • PayPal. Low transfer fees make PayPal worth considering for small transfers. The recipient in Germany must also have a PayPal account to access the money.
  • WorldRemit. WorldRemit can send money to a German bank account in up to three business days. Debit and credit card payments are accepted.
  • TransferWise. Pay a flat transfer fee and get funds exchanged at the market rate.

International cash payment service

These companies can send a cash payment to Germany that your recipient can collect in just minutes.

  • Western Union. Send cash to Germany in minutes.
  • MoneyGram. Like Western Union, MoneyGram cash collection points include major German banks, as well as currency exchange offices and more.

How do I receive money from Germany in New Zealand?

You have a few options available if you want to receive an inward payment from Germany.

Bank account deposit

If you are arranging to have money deposited in your bank account from Germany, you must provide some information about yourself, such as:

  • Your name
  • Your address
  • The bank’s name
  • Your account number
  • The bank’s SWIFT code

New Zealand law requires that the sender must provide:

  • Their name
  • Their account number
  • Their address
  • Their date and country of birth

Cash payment

If you are going to collect a cash payment sent from Germany, make sure you take along photo identification, such as a driver’s licence. You will also need to quote the reference number or unique password, which the sender should provide. If you are collecting a large payment, you may also want to call ahead to make sure there is enough cash on the premises.


PayPal is another popular online money transfer method, especially for smaller payments. Provide your email address or your phone number to the sender to receive a PayPal payment.

Emergency cash transfers to Germany

These options can help you get out of a tight spot.

  • International cash payment. Overseas money-wire services, such as Western Union, can get cash to a collection agent, such as a bank, in minutes.
  • Emergency cash assistance. Visa and MasterCard can issue emergency cash from your account if you lose your card or it is stolen. An emergency cash request can take up to a day to process.
  • Travel insurance benefit. For covered events, your travel insurance provider may be able to issue an emergency cash benefit. Refer to your international travel insurance product disclosure statement to see what’s covered and what isn’t.

Cash pick-up locations in Germany

Both Western Union and MoneyGram are partnered with major German and international banks. Western Union also has non-bank partners which operate for longer periods outside of business hours.

Western Union


  • Deutsche PostBank

    Rathausstr 5
    Be 10178
    +49 228 55005555
    Open Monday to Friday 9am–7pm
    Open Saturday 9am–4pm
    Closed Sundays

  • Reisebank AG

    Europaplatz 1
    Be 10557
    Open Monday to Sunday 8am–10pm


  • Deutsche PostBank

    Sattlerstr 1
    By 80331
    +49 228 55005555
    Open Monday to Friday 9am–6pm
    Open Saturday 9am–12:30pm

  • Schnapchen Shop

    Zweibruckenstr 4
    Bayern 80331
    Open all week 10am–8:30pm



  • International Exchange Intex GMBH

    Kirchenallee 57
    Open Monday to Friday 8am–8pm
    Open Saturday 8am–4pm
    Closed on Sunday

  • International Exchange Intex GMBH

    Terminal 1
    Hamburg 22335
    Open Monday to Sunday 6am–8pm

Cologne (Koln)

  • Exchange AG Deutschland

    1 Kardinal-Hoffner-Platz
    Cologne (Koln) 50667
    Open Monday to Friday 9am–6pm
    Open Saturday 10am–2pm
    Closed on Sundays

  • Tele Cafe Druckertankstelle 1453

    50 Severinstr.
    Cologne (Koln) 50678
    Open Monday to Saturday 10am–8pm
    Open Sunday 11am–8pm

How do I send money to Germany?

Follow these straightforward steps to send money to Germany.

Bank transfer

To use your bank’s overseas wire transfer service, proceed to the international payments menu once you have logged onto Internet banking. Create a new overseas beneficiary, if this is your first payment. You will also need to enter the recipient’s personal and bank account details to complete this step.

Money transfer company

You need to register an account with a money transfer company before you can send money to Germany. You need to enter the following details to register for a free account:

  • Your name
  • Your address
  • Your contact telephone numbers
  • Identification: You may be asked to send a photocopy of your licence or passport to verify your identity.

Once you have paid for a transfer, you will receive a reference number which allows you to track the status of your transfer. If you are sending a cash payment to Germany, your recipient will need this reference number before they can collect the money.

Make sure you compare different providers to find the best way to transfer money to Germany. If you have a question about the companies and the services listed on this page, please ask us using the form below.

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