|Minimum Age||18 years|
To find the best money transfer deal you have to take two things into account:
The exchange rate: The higher the rate the better the deal is likely to be, for example, a rate of 1.2 gives you €1.20 for every pound, but 1.22 gives you €1.22.
The transfer fee: Most transfer companies do not charge to send your money abroad, but those that do will make it clear in their quotes.
This comparison shows you how much each company charges for transferring money.
After you find the best quote, you can send your money by:
Giving them the details of the account you are sending money to
Using a bank transfer or card payment to send your money
When the transfer company sends your money, they convert the currency for you.
You could send money to Germany:
Over the phone
In branch, through an agent
Most companies only offer one or two of these transfer options, so use this comparison to find one that gives you the option you prefer.
It can take three to five working days to transfer your money to Germany, and some companies offer a same day, or next day delivery for an extra fee.
Most transfer companies let you set up several scheduled payments in one go.
For example, you can use regular payments if you:
Want to pay into a German pension
Are paying for your child's education in Germany
Setting up a regular payment lets you agree an exchange rate at the time of your quote and send payments over a set period of time, such as each month for a year.
They deduct their costs from the interbank rate (the rate banks use to exchange currencies with one another) to give you a personalised rate.
Some transfer companies only let you send money to an account in your own name. Check this before sending your money to avoid any delays.
Yes, your money is kept separate to a transfer company's operational money, meaning you have a better chance of getting your money back if they go bust.
We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.
You do not pay any extra and the deal you get is not affected.
Last updated: 12 October, 2021
Comparing money transfers could help you save money. Our award-winning money transfer comparison service makes sure you get our best exchange rate with the lowest fees. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators to help you make life's most important decisions and take control of your money.
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