Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Send money to Greece
Understand what your options are when transferring funds to Greece.
The best way to send money to Greece largely depends on how much you’re sending and your payment method. Fast delivery makes WorldRemit and InstaReM good picks for speed, while Wise offer high transfer limits and competitive rates. Look to WorldRemit and MoneyGram for cash transfers, as Western Union is almost always more expensive.
Compare digital providers to save on fees with access to strong exchange rates and fast turnaround.
Compare international money transfers to Greece
Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you’re ready to send.
Best ways to send money to Greece
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Greece. Some offer cash pickup in as little as a few minutes, while others transfer to bank accounts.
1. Digital money transfer services
Money transfer providers like Wise specialise in foreign currencies, making them some of the most cost-effective ways to send money to Greece. Most offer transfers directly to your recipient’s bank account in Greece, often in as little as a day or two.
- Why?Digital money transfer services are cheaper because they exist online and don’t have as many employees or physical locations.
2. Cash transfers
Services like WorldRemit and Remitly allow you to transfer cash for pickup at a local branch in Greece— often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees.
- Why?Picking up cash is more expensive because more people are involved.
The euro may be offered by your bank, but beware of high fees and wide margins on the exchange rate. Compare bank transfers to digital services and other options before sending a wire transfer to Greece.
- Why?Banks offer money transfers as a secondary service so don’t strive to offer competitive prices.
Let’s crunch the numbers: Sending $1,000 to Greece
Let’s say you need to send $1,000 to family in Greece. Here’s what you might face as far as fees and exchange rates using today’s rate of 1 SGD = 0.62 EUR.
|Digital money transfer service||Cash transfer||Bank transfer|
|Fee||$0||$3||$25 + additional correspondent bank fees|
|Exchange rate||1 SGD = 0.617 EUR||1 SGD = 0.614 EUR||1 SGD = 0.61 EUR|
|Transfer speed||1-2 day||Minutes||2-5 days|
|Amount received||EUR 617.00||EUR 612.16||EUR 594.75|
The bank option ends up being the slowest and gets the smallest amount of money to your recipient in Greece. A cash transfer sends the most, which is EUR€22.25 more than the bank. For speed, a cash transfer can typically have your transfer to Greece in as little as 15 minutes. Make sure there’s a cash pickup location near your recipient before sending.
How to send money to Greece online
Sign up and send money to Greece with a digital money transfer specialist in four steps:
- Sign up for a free account. Compare and pick a provider before signing up for a free online account using your contact information, proof of ID and preferred payment method.
- Provide transfer details. Submit your recipient’s contact information and pick a delivery method. If transferring to a bank, you’ll need their bank account details in Greece.
- Confirm transfer details. Double-check your payment method, expected fees and destination.
- Save your receipt. Record your receipt’s confirmation number to track the progress of your transfer to Greece. Some money transfer providers send a text or email when your transfer is complete.
Get the most out of your money transfer to Greece
Weigh costs and fees against convenience to best compare money transfer providers that send to Greece. Consider:
- Exchange rates. The SGD–EUR relationship fluctuates, so using a service that allows you to lock in exchange prices may help you save money down the line if the euro rises against the Singapore dollar.
- Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger SGD–EUR exchange rate.
- Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of euros you’re sending to Greece.
- Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Greece.
- Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you’re sending is a valid strategy for saving money.
- Transfer methods. Whether you want money sent to a bank account in Greece or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.
Emergency cash transfers to Greece
When it’s more important to get your money to Greece quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
How to send money to Greece without a bank account
Cash transfer services can help you if you don’t have a bank account. If you don’t have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
Greece’s exchange rates explained
Banks and money transfer companies use exchange rate to calculate how much Greece’s currency is worth when converted to SGD. The SGD-EUR relationship can change daily based on global economic stability, interest rates, inflation and more.
What to watch out for
Sending money to relatives or family members in Greece may be subject to taxes on the money transfer and certain documents may be required.
Receiving money in Greece:
- Transfer confirmation details like a transfer number, an MTCN, a reference number or a tracking number, depending on the company.
- Government-issued ID like a passport or similar official ID may be required to pick up your transfer.
- Sender’s information. Take along your sender’s full name, the sending country and their address, if known.
Sending to Greece from Singapore:
- Proof of identification like a government-issued ID.
- Recipient information like their name, address and bank account information in Greece.
Sending your hard-earned money to Greece shouldn’t cost a fortune. Compare money transfer companies that specialise in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country-specific guides the next time you need to make a transfer.Back to top
More guides on Finder
UOB Stash Account Review
Benefit from higher interest rates as you maintain or grow your monthly balance with UOB Stash Account.
Instarem Amaze review
Benefit from 1% cashback, low-cost FX payments and seamless expense management with the Instarem Amaze card.
YouTrip vs Revolut vs Wise in Singapore
Learn more about YouTrip, Revolut and Wise before deciding which one of these multicurrency wallets is most suitable for you.
DBS Multi-Currency Account vs YouTrip in Singapore
DBS Multi-Currency Accounts and YouTrip are two of the top options in the local multi-currency space. Compare their features, fees and more to see which is best for you.
Alternatives to N26: A list of similar banks and apps
We’ve compared the top challenger banks to help you figure out what’s the best alternative since N26 is not available in Singapore.
Kraken vs Coinbase
We compare the key differences between two of the most popular cryptocurrency exchanges in terms of fees, features, customer support and more.
How to buy Aave (AAVE)
Learn more about the AAVE cryptocurrency in this beginner’s and buyer’s guide.
iRemit international money transfers review
Make simple and small transfers to the Philippines through the IREMITX app.
YouTrip vs Revolut in Singapore
YouTrip and Revolut are two popular digital banks in Singapore. We compare everything you need to know about them to pick the right one.
Nexo review: Is it safe for high interest returns?
Nexo is a cryptocurrency lending and borrowing platform that offers high interest rates on cryptocurrencies, stablecoins and fiat. We review the features available and look at how safe your funds would be on the platform.