HOW TO TRANSFER MONEY TO RELATIVES FROM GERMANY TO OTHER COUNTRIES?
* Keine Werbung * Not an advertisement *
🎯The most obvious and simplest way is bank transfer.
One-time commissions can be significant and the transfer, most often, will take 3-5 business days. The transfer fee must be checked with your bank. This is usually not the most beneficial way.
The transfer can be made both at a bank branch and through an application in a mobile phone or Online-bank. In the department, when servicing through an employee, there will be additional commissions.
🎯PayPal - easy transfer if the recipient has PayPal.
Also, now you can make a transfer to a bank account, card. Commission 5%. Minimum 0,99 €, Maximum 3,99 €.
The transfer to another PayPal account is received instantly.
The exchange commission as of the date of writing this article is about 4,95%, which is not the best rate. If you need to transfer a small amount, then this method is suitable.
🎯transfergo* - simple transfer, with fairly low commissions.
Fixed transfer fee 0,99 €.
The commission for currency exchange, depending on the amount, ranged from 1,00 to 1,20%.
The maximum amount of a one-time transfer to the Russian Federation is 75 rubles.
🎯TransferWise* – as simple as the previous service.
A very favorable exchange rate, but a floating commission for the transfer, which depends on the amount of the transfer.
Not so profitable for small transfers 100 - 200 €. But it beats TransferGo for transfers over 550 €.
✅When registering by link*, a small bonus - no commission for the first transfer amount up to € 500.
🎯PAYSEND* - a small currency conversion commission, about 1,1% and a flat transfer commission of 1,5 €.
➡ If we compare the above services, the most favorable conditions for transfers, as of February 2021:
✅ amounts up to 550 € in transfergo
✅ amounts over 550 € in TransferWise
There may be additional fees for urgent transfers.
Still have questions? Write us and we will answer you in detail.
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