Send money to Germany

Find the best exchange rate and low fees when you send money to Germany from the Philippines.


Fact checked

A money transfer company will offer lower fees and more competitive exchange rates than most banks — but which provider is best for you depends on how much you’re sending and how fast you need it to arrive.

In this guide, we’ll give you tips on the best way to send money to Germany and help you decide how to send.

Compare money transfer options for Germany

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
PHP 1 1 - 2 days PHP 0.00 0.018 EUR
WorldRemit Philippines lets you use your debit, credit or pre-paid card to send instant mobile airtime top-ups. 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.

Step-by-step: How to send money to Germany

  1. Compare some services that can send your pesos to euros.
  2. Choose one and sign up for an account.
  3. Provide the details of your transfer, including the amount and who you want to send to.
  4. Confirm and pay.

How to compare transfer companies when transferring money to Germany

  • Exchange rates. The exchange rate that applies to your transaction can have a huge impact on the affordability of your transaction, so search for a company that regularly offers competitive rates.
  • Fees. 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.
  • 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?
  • Turnaround time. Processing times can vary from within 10 minutes to up to 5 business days, so check each company’s turnaround time if fast transfers are a priority for you.
  • Minimum transfer amount. Some companies will force you to transfer more than a minimum limit each time you send funds overseas, which can be frustrating if you only need to send small transfers.
  • Pickup methods. Can the funds be collected from a transfer agent, or will they be deposited into your recipient’s bank account?
  • Customer service. Will phone, email and/or live chat customer support be available when you need it?

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.

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Ways to send money to Germany from the Philippines

The Euro is a world recognised currency, making it relatively easy to find a service provider that will allow you to send money to Germany from the Philippines. Below is a partial list of the companies you can consider when comparing your money transfer options:

  • Bank transfers. Bank-to-bank transfers are a safe and convenient way to send funds overseas. Most major banks like BDO, BPI, and Metrobank can facilitate bank transfers overseas.
  • Online money transfer providers. Companies like WorldRemit offer affordable international money transfers.
  • MoneyGram. You can send money from an agent location in the Philippines for cash pick up in Germany with MoneyGram.
  • Western Union. With Western Union you can arrange for a cash pick up in Germany or a bank deposit.
  • Checks. Obtaining an international check from your bank is a reliable but slow transfer method.

Emergency cash transfers in Germany

If you are visiting Germany and lose your wallet, there are few choices you have to get cash sent to you:

  • Your credit card. Some credit card companies will send you cash while travelling to help you until your replacement card arrives if your credit card is reported lost or stolen.
  • Travel insurance. Your travel insurance policy should provide you with cash if your wallet is lost or stolen. Make sure that you file a report with the local police and keep a copy for when filing your claim.
  • Cash transfer to a transfer service provider. Your Philippine passport will provide the identification you will need to pick up cash sent to you from the Philipines.
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Cash pickup locations in Germany

Below you will find listed a number of WorldRemit, Western Union and MoneyGram locations that can be used for a cash pick up in Germany. Before leaving to pick up money, make sure that you have the special reference number and your photo identification.

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Tips for picking up cash in Germany

The Department of Foreign Affairs (DFA) advises that Filipino travellers to Germany should exercise normal safety precautions. When picking up cash at an agency however, you should ensure that you have a reliable mode of transportation and someone to go with you. You should also make sure to go back to your hotel after completing the transaction to secure any excess cash in a room safe.

How to send money to Germany

If you decide that an online account to send money from the Philippines to Germany is the best option for you, it will first need to be established. To open the account you may need to supply your:

  • Full name as shown on your photo identification.
  • Mailing and email address
  • Your bank or credit card information that will be used to pay for transfers. You will also be asked to verify this before each transaction in the event that information changes.
  • Driver’s licence number or passport number for verifying your identity.

Once your account is established the process of sending money to Germany will be made easier as you will only need to verify your details and input the beneficiary’s information. This information may also be stored, a useful option if you are sending money to the same person consistently. German businesses, students and expats who are spending time or conducting business in the Philippines may all find reason to send money to Germany from the Philippines. With the number of options available, research thoroughly and compare the various rates, fees and features to find the service that gives you the most value for your money.

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