How to send money to Germany

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

Last updated:

If you need to send money to Germany, determining the simplest and most cost-effective option can be stressful.
Transferring your dollars to Dusseldorf doesn’t have to be complicated and expensive. Get the most euros for your dollar when you compare transfer fees and exchange rates from a range of providers.
XE Money Transfers

XE International Money Transfers

Enjoy fast, secure and fee-free international money transfers with global payments provider XE.

  • Send money in 40+ currencies
  • No transfer fees
  • See exchange rates in real-time
  • Secure and regulated by the FMA

    Compare providers who can help you send money to Germany

    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
    NZD 250 1 day NZD 0.00 0.568 EUR
    SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
    Fee-free transfers in 30+ currencies to over 200 countries.
    Go to site Show details
    NZD 1 Within an hour NZD 3.99 0.566 EUR
    An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
    NZD 0 1 day NZD 0.00 0.568 EUR
    Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
    AUD 250 1 - 2 days NZD 15.00 0.568 EUR
    A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
    AUD 2,000 1 day NZD 0.00 0.568 EUR
    TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
    NZD 2,000 2 days NZD 0.00 0.568 EUR
    Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
    A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
    Go to site Show details
    NZD 1 1 - 2 days NZD 70.00 0.571 EUR
    Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
    NZD 10,000 1 - 2 days NZD 0.00 0.561 EUR
    Go to site Show details
    NZD 5 1 - 2 days EUR 3.00 0.562 EUR
    Go to site Show details

    Compare up to 4 providers

    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.

    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.

    Banks versus money transfer companies

    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 specialises in zipping funds around the world. They stay in business by offering low fees, and most take a minimal cut off the exchange rate. You pay less upfront, and your recipient gets more euros.

    Case study: Klaus sends money to Germany

    Klaus has been settled in Queenstown for more than five years now but he still maintains strong ties with his family back in Munich. Every year around Christmas time he sends them a $1,000 money transfer to help fund their holiday shopping spree, but Klaus is growing tired of paying a $45 transfer fee imposed by his bank every time he makes a transfer. He decides to compare the services of two money transfer companies to see if he can find a better deal.

    Money transfer company 1Money transfer company 2
    Exchange rate1 NZD = 56 EUR1 NZD = 54 EUR
    Transfer fee$10$5
    Transfer methodBank account depositBank account deposit
    Processing time4 business days3 business days
    Amount received (in EUR)550 EUR535 EUR

    As you can see, a small difference in the exchange rate makes a noticeable difference in the amount that makes it to Klaus’s family, while fees and processing times also vary between companies.

    How to compare transfer companies when transferring money to Germany

    • Exchange rate. The exchange rate a provider offers can have a huge impact on the affordability of your transaction, so search for a company that regularly offers competitive rates.
    • Transfer fee. Make sure you’re aware of any fees that will apply to your transfers, keeping in mind that companies with higher exchange rates may also have higher fees. 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 methods. Available transfer methods include online, over the phone, using a mobile app or visiting a branch.
    • Transfer options. Can you lock in an ideal exchange rate now and transfer the money later, known as a forward contract? Does the institution offer limit orders, which allows you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met? Can you schedule recurring payments, or does the company only provide one-off spot orders?
    • 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 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?


    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, one New Zealand dollar is worth approximately 56 euro cents as of September 2018. 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 Germany

    Ways to send money to Germany from New Zealand

    • Bank transfers. Bank-to-bank transfers are a safe and convenient way to send funds overseas.
    • Online money transfer providers. Companies like TransferWise and OFX offer affordable international money transfers.
    • Money transfer companies with cash pick-up options. MoneyGram and Western Union are the two best-known providers of this service.
    • PayPal. PayPal offers secure and quick transfers between New Zealand and Germany.
    • Cheque. Obtaining an international cheque from your bank is a reliable but slow transfer method.

    Steps to sending money to Germany

    1. Choose from among the numerous transfer providers who send money to Germany.
    2. Register with the provider of your choice on their website providing your name, address, contact information and date of birth. A valid photo ID will also be required.
    3. Provide your recipient’s name, address and contact details. Depending on the transfer method you may also have to supply their bank account information.
    4. Enter the amount you want to send, complete your transaction and save your tracking or receipt number to follow up on the progress of your transfer.

    Making a cash transfer to Germany

    If you ever need to send an emergency cash transfer to Germany — maybe your 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.


    Keep the following safety tips in mind if you ever pick up a cash transfer from an agent in Germany:

    • Make sure your wallet and bag are secure.
    • Never leave your bag or wallet unattended in a public place.
    • Don’t carry around large sums of cash – deposit the funds with a bank as soon as you can.
    • Ask a friend to accompany you and act as a deterrent to thieves.
    • Don’t publicise your cash in front of strangers.

    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; Saturday 9am–4pm

      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; 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; Saturday 8am–4pm

    • 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; Saturday, 10am–2pm

    • Tele Cafe Druckertankstelle 1453

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

    You may also be interested in

    MoneyGram vs OFX

    MoneyGram vs OFX

    Find out how the tried-and-true MoneyGram compares with digital OFX on fees, rates and speeds when transferring your money overseas. Read more…

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

    By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

    Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
    Go to site