Compare money transfers from the USA to Germany

Best Ways to Transfer Money from USA to Germany

🪙 Cheapest to a bank account	InstaReM
🥇 Fastest to a debit card	MoneyGram
💳 Best with credit card payment	Remitly and Xe
💸 Convenient Card-to-Card	MoneyGram
💶 Easiest cash pickup	Remitly and MoneyGram
🎁 Special offers for first transfers	Wise

There are so many ways to send money from the USA to Germany and the pretty much recognized one is the bank account transfer. Well! It is certainly not the cheapest way to send money from USA to Germany.

This blog will support you in finding the best way to send money to Germany while considering aspects such as the exchange rates, fees, security and ease offered by different foreign exchange services, including e-transfer.

How to Send Money from USA to Germany?

Following are the three main and the cheapest ways to send money from USA to Germany:

1. Cash transfers such as Western Union
2. Money transfer services such as TransferWise
3. Banks account transfer i.e. through HSBC

Cash Transfer:

If you want to send money to Germany quick and as immediate as possible, then there is an option of Western Union that you can avail. Such options are trusted and can be used in the time of urgency, but since the service is quick, they charge a bit higher amount as the service charge or commission. Moreover, they are non-banking service providers and operate through their internal channel.

How Does It Work?

• Visit the outlet near you
• Fill the form with the details of the recipient.
• Handover the cash you wanted to send
• Confirm and send

Online Money Transfer/ e-Transfer:

For online money transfer, you can use a service called Transferwise. For that purpose, you just need to register on Transferwise website, add your accounts details, the amount you need to send, as it receives your money it will process the payment to the recipient.

They work on competitive pricing as there are many services available handily, thus the service charges are pretty less.

How does it Work?

• Signup on TransferWise.
• Set up the amount
• Enter the recipient’s details
• Confirm Payment.

Bank Account Transfer:

In the age of digitization, where everything is just a touch away similarly sending and receiving the money to and from your bank account becomes very easy. All the banks are now issuing ‘’International Bank Account Number’’ also called IBAN number with each bank account. So you can transfer money from USA to Germany while using your Bank account which will require 1-2 days.

How Does It Work?

For transferring money to a bank account, all you need is

• Online banking enabled from your account
• The recipient’s IBAN number
• Log in on your account
• Create a beneficiary
• Enter amount
• Confirm payment.

Which Service to Use:

Which service is best to send money internationally? You can find out by evaluating the following advantages of each of the service aforementioned:

Advantages – Cash Transfer:

• Quick service
• Trusted procedure
• No identity verification is required

Advantages – Online Money Transfer/ E – Transfer:

• Reasonable exchange rate
• Clear Procedure
• Comprehensible
• Customer-orientated

Advantages – Bank Transfer:

• Transactions are fully automated.
• There no chance of fraud
• Transaction money is safe and secure

How Much Does it Cost?

To find out the cheapest ways to send money from the USA to Germany, you have to consider the currency exchange rate they are offering, the minimum amount they are transferring from USA to Germany, lastly, the service fee they are charging for each transfer.

‘’TransferWise’’ roughly charges 3% of the total amount as the total fee on each transaction and in return, it offers good exchange rate and the security of payment which is a pretty good deal.

On the other hand, some services like Skrill and WorldRemit who provides promotional discounts to the first few transactions to make transactions easier for the users but charges 5-8% on later transactions specifically on withdrawals.

Moreover, PayPal charges comparatively high service fee but also provides full transparency of the transaction; it is easy to use and provides good customer support.

Our Advantages:

On this platform,

• You will find transfer operators or banks that are fully authorized and registered with the concerned authorities.
• Trusted service provided by us.
• Our website provides the best comparison of services that transfer money from USA to Germany.
• If you go to the service provider on our website, we have already negotiated with them so you don’t need to pay extra money.
• There are special offers from our partners to our customers.
• You will definitely save a good amount of money with each transaction.