Transfer Money to Germany

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GBP

Comparing 5 providers

Sorted by highest amount received

Real exchange rate 1 GBP = 1.1508 EUR 30-day trend · Data from Xignite.com
Live
Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1428
Recipient gets
€ 22,856 EUR
+€300 more vs the typical bank
Go to Moneycorp ›
Very Good
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1418
Recipient gets
€ 22,836 EUR
Go to Western Union Business Solutions ›
Good
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1408
Recipient gets
€ 22,816 EUR
Go to World First ›
OK
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1398
Recipient gets
€ 22,796 EUR
Go to Smart Currency Exchange ›
OK
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1388
Recipient gets
€ 22,776 EUR
Go to UKForex ›
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets € 22,856 EUR
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to Germany

Sending money to Germany should in theory, be a relatively simple exercise. Unfortunately, banks simply dont make this possible via sneaky charges and poor exchange rates.

Join the revolution! Our OPP award winning service will aim to help you compare the cheapest way to send money to Germany, saving you a significant amount of time and a considerable amount of money in the long run. As opposed to high street banks, our panel of FCA regulated currency brokers focus solely on currency exchange, therefore providing access to market exchange rates and potential savings of up to 85%.

Last updated: May 08, 2014 Our methodology

Quick Facts: Germany

Key information for sending money to Germany

Transfer Speed
1 working day
Local Currency
EUR
Income Tax Rate
0-45%
Avg. Property Price/m²
2,889.64 EUR
Avg. Monthly Rent (3 bed)
1,114.25 EUR
IBAN Required
Yes

Money Saving Tips for Germany

Expert advice for your international transfer

In Germany, shops hand out leaflets with the latest offers and it is a good idea to make the most of these if you are moving over to the country.

If you are buying property in Germany, the good news is, there is no Stamp Duty tax to have to consider.

The German Tax System is one of the most complicated in the world. If you are looking to start a business, seek the help of a tax advisor.

If you are wishing to study in Germany for a period of 90 days or more, then you will need a Visa, any lower and you can stay with a short-term visa.

What You Need to Send Money to Germany

Checklist of recipient bank details required

IBAN e.g. DE89370400440532013000
International Bank Account Number
SWIFT/BIC Code e.g. BANKDEXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Germany

Deutsche Bank Commerzbank Deutsche Postbank Dresdner bank KfW Bankengruppe Landesbanks

"When sending money to Germany, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Germany

What is the cheapest way to send money to Germany?

The cheapest way to send money to Germany depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Germany?

Most transfers to Germany are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Germany?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Germany?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Germany

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.