The Best Services to Transfer Money from India to Germany
Wondering what is the best way to transfer money from India to Germany? While the options are limited, it’s still possible to send funds for various purposes, may it be for purchasing items or allowances to family.
Available options for receiving remittances from India to Germany
We have found several available options for receiving remittances from India to Germany. Receiving a transfer from India can be done to Germany to a bank account.
How do I transfer money from India to Germany to a bank account?
Different ways to pay for money transfers to Germany from India
We have found a few convenient ways to pay for money transfers to Germany from India. You can use a Bank account to pay for transfers to Germany.
How to send money to Germany from India from a bank account?
How to Send Money from India to Germany
Check out the easiest way to transfer money online.
Sending money from India to Germany can be done through the following:
- Send Through Your Bank Account. This is a reliable option but they have higher exchange rates and margins, as well as time-consuming in approving documents.
- Local Money Exchange Dealers. Local exchange dealers have better rates than banks, but it may be tedious to find the right one that caters to Germany-based dealers. You will also have to spend time and money visiting the local dealer’s office when submitting the money and documents for transferring money.
Both methods money-transferring mentioned above are quite tedious to do, which is why utilizing online services is best.
Money transfer providers
Top 3 money transfer providers from India to Germany
Provider | Rate | Fees and special offers |
---|---|---|
Wise | 0.0112 EUR | Fees = 530.41 INR |
OFX | 0.0107 EUR | No fees |
InstaReM | 0.0111 EUR | Better prices on app |
What Services to Use
There are other services you can use to send money from India to Germany online.
- ExTravelMoney. This is the best way to wire money from India to Germany, as this company is known as India’s biggest forest marketplace. ExTravelMoney offers cheap exchange rates and lower service fees, as well as the ease of navigating through its platform for wiring money.
- Skrill. It is the cheapest way to send money from India to Germany, as they offer zero transfer fees and competitive conversion rates! Their website and mobile app are very easy to use and setting up an account will take only less than an hour.
- TransferWise. It is a popular platform with great customer reviews for bank transfers. They make their services more affordable with the true mid-market exchange rates and charge lower and transparent transfer fees.
The Cost
Here are the costs of online money e-transfer services:
- ExTravelMoney charges a 0% transfer fee and about a 1% markup on the mid-market rate.
- Skrill charges a 0% transfer fee and a 0.95% markup on the mid-market rate.
- TransferWise charges a 4.01% transfer fee and 0% markup on the mid-market rate.
Why Choose Us?
Going online and using our model is the most convenient and easiest way to send money to different countries, such as from India to Germany.
That way, you won't need to go out of your way to visit the bank and local dealer to submit the required documents. You'll be spending more time and money on just transportation alone!
Furthermore, there’s no need to submit too many documents. You will only need to submit minimum requirements, such as your bank account or credit card details, and other basic information for you to be able to use their e-transfer services.
Using our services will save you more in the long run, as we offer the lowest exchange rates and service fees worldwide. Our platform is easy to use, taking less time to understand and send money compared to other services.
FAQ
What is the best way to send money from India to Germany (INR → EUR)?
What is the fastest way to transfer money from India to Germany (INR → EUR)?
What is the cheapest way to transfer money from India to Germany (INR → USD)?
How long does it take to send money from India to Germany (INR → USD)?
What payment methods to use for transfers from India to Germany?
How to receive money transfer from India in Germany?
How to send money from India to Germany for free?
Popular destinations of transfers from India
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
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- Estonia
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- Gabon
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