Sending money abroad from Germany
Wise, Remitly, and WorldRemit offer significantly better rates than bank transfers for sending euros abroad. Within the EU, SEPA transfers are free and fast.
Wise, Remitly, and WorldRemit offer significantly better rates than bank transfers for sending euros abroad. Within the EU, SEPA transfers are free and fast.
Key points to understand
Wise: mid-market rate with transparent fees; most popular among German-based expats
Wise: mid-market rate with transparent fees; most popular among German-based expats. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.
SEPA transfers to EU countries: free from most German accounts, same or next business day
SEPA transfers to EU countries: free from most German accounts, same or next business day. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.
AML identity checks kick in above €1 000 on first transfers — have your passport and IBAN ready
AML identity checks kick in above €1 000 on first transfers — have your passport and IBAN ready. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.
Practical tips
- Prepare your documents and translations in advance — most delays come from missing paperwork.
- Always note the office name, address, and a contact number before you go.
- Ask the community on MyHAbroad if you’re unsure — chances are someone has already been through it.
Always verify with official sources before acting on the information above.
MyHAbroad is an independent app and is not affiliated with, endorsed by, or representing any government or public authority. Content is general information only — not legal, tax, medical, or financial advice. Always confirm details with the official sources above before acting.