How to send money to Greece

Understand what your options are when transferring funds to Greece.

Updated

Fact checked

When you need to get money to a loved one in Greece it can feel like a Herculean task. Sending money from New Zealand 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 for your dollar.

Send money to Greece with XE

Send money in more than 60 currencies. Fee-free international money transfers with a global brand.

  • Great rates and no fees
  • Trusted around the world
  • Secure and reliable
  • Trade in 60 world currencies
Promoted

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 60 1 day NZD 0.00 0.585 EUR
2,925
Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees Go to site Show details
GBP 2,500 Same day NZD 0.00 0.581 EUR
2,907
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
NZD 0 Same day NZD 0.00 0.584 EUR
2,921
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
NZD 1 Within an hour NZD 3.99 0.585 EUR
2,922
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
NZD 2,000 2 days NZD 0.00 0.581 EUR
2,907
Exclusive offer: $0 transfer fee and discounted exchange rates for all Finder customers.
A higher exchange rate applies to non-finder customers. Send money in more than 60 currencies.
Go to site Show details
NZD 1 1 - 2 days NZD 35.00 0.587 EUR
2,916
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 250 1 day NZD 0.00 0.581 EUR
2,907
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.581 EUR
2,898
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
NZD 5 1 - 2 days EUR 3.00 0.584 EUR
2,918
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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.
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. New Zealand 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 bank 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 specialises 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.

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.
Back to top

Helen sends money to Greece

Helen lives in Wellington 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 transfer. After searching online, she finds a money transfer company that will let her help George for less.

Bank Transfer company
Exchange rate 1 NZD = 0.58 EUR 1 NZD = 0.92 EUR
Transfer fee $45 $0
Transfer method Bank account withdrawal Bank account withdrawal
Processing time 2 business days 1 business day
NZD received 245 EUR 310 EUR

As the table shows, Aunt Helen can send George an extra 20 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. 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.
Today’s exchange rate NZD to EUR
Back to top

Ways to send money to Greece from New Zealand

  • Bank transfers. Most major banks offer wire transfers to Greece.
  • Money transfer providers. Online providers like TransferWise and WorldRemit can help you transfer money quickly and easily.
  • Transfer companies with cash pick-up. Providers like Western Union and MoneyGram have offices in Greece where your recipient can pick up the money — sometimes within minutes after you send it.
  • PayPal. You can send money abroad using your PayPal account.
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. Banks, credit unions and money transfer companies are required 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

Picking up cash at a money transfer branch

If you send money for pick-up 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.

The Ministry of Foreign Affairs and Trade’s Safe Travel website warns New Zealanders to exercise increased caution around personal safety in Greece. This is due to threats of terrorism and also high crime rates, particularly targeting tourists.

With this in mind, 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 pick-up 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.

Back to top

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com 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

Finder.com 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 finder.com 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