send-money-to-greece

How to send money to Greece

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.
XE Money Transfers

XE International Money Transfers

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  • Send money in 40+ currencies
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    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
    NZD 0 1 day NZD 0.00 0.579 EUR
    5,795
    Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
    NZD 0 Within an hour NZD 3.99 0.58 EUR
    5,798
    An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
    AUD 250 1 - 2 days NZD 0.00 0.58 EUR
    5,800
    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 200 1 day NZD 0.00 0.581 EUR
    5,806
    TorFX guarantee to beat any competitor's exchange rate for a transactionConditions apply Go to site Show details
    NZD 2,000 2 days NZD 0.00 0.577 EUR
    5,771
    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 0.582 EUR
    5,783
    Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
    NZD 5 1 - 2 days EUR 3.00 0.578 EUR
    5,782
    Go to site Show details
    NZD 10,000 1 - 2 days NZD 0.00 0.579 EUR
    5,795
    Go to site Show details
    GBP 10,000 1 day NZD 0.00 0.574 EUR
    5,736
    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.

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    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.

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    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?

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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 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.
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    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.

    BankTransfer company
    Exchange rate1 NZD = 0.58 EUR1 NZD = 0.92 EUR
    Transfer fee$45$0
    Transfer methodBank account withdrawalBank account withdrawal
    Processing time2 business days1 business day
    NZD received245 EUR310 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.

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    Find a money transfer location near you

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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
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    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.
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    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.

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    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.

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