Sending Currency from Australia to Germany? We’ll Save You Money

If you’re sending Australian dollars to Germany, you want your money to go as far as possible. We give you the insight to keep your money transfer fees to a minimum by suggesting good alternatives to your bank. Find the fastest, lowest-cost and easiest ways to transfer money to Germany from Australia.

Our recommended money transfer services help you get the most from your transfer when you convert between Australian dollars and euros. We’ve done our best to keep it interesting, so enjoy this simple guide to sending money overseas.

Compare the Best Money Transfer Rates from Australia to Germany

Setting up an account and making a transfer to
Germany is quick and easy

  • Step 1
    SET UP YOUR ACCOUNT
    To begin with, you’ll need to sign up for an account with a currency transfer provider. You will need to register your name, email and address and provide some identification documents.
  • Step 2
    MENTER RECIPIENT DETAILS
    Get the details of the person or organization you’re sending money to. You should enter their bank details, name and possibly some other information.
  • Step 3
    PAY FOR YOUR TRANSFER
    Before the provider converts your Australian dollars into euros, you will need to fund your transfer. You can normally pay via a bank transfer and some money transfer companies allow you to charge your debit or credit card.
4 Tips for Making an International Money Transfer 4m 08s

We’ll cover each of these areas below and recommend the best currency provider for each.

Let’s explore your reasons for sending money.

What are your reasons for sending money to Germany?

We know you’ve got some great reasons to send your Australian dollars overseas. Depending on your circumstances, we’ll help you find the right money transfer provider for getting the most euros.

Some great reasons for sending money to Germany:

Going on holiday to Germany

We know that getting euros for a holiday to Germany is a low priority. Buying euros for a trip to Germany can be a bit of a pain. Fortunately, it’s fast and easy to get travel money while you’re in Australia.

Use our recommended provider or travel money comparison tool to:

  • Get the travel money task out of the way and check it off your planning list.
  • Find the best rates for converting to euros for your holiday.
  • Take advantage of a simpler way to get money for a trip to Germany.

We’ll help you find fast, hassle-free, secure and convenient ways to get your travel money.

For your travel money needs, we recommend exchanging euros through Travelex.

Why use Travelex for travel money to Germany?

If you’re transferring travel money between Australian dollars and euros, Travelex is a natural choice. It’s easy to find a Travelex agent in Australia or Germany so getting your cash is simple and convenient. Travelex has reasonable exchange rates and doesn’t typically charge additional fees for converting into euros. It’s easy to order your euros online now and pick it up in under three days in Australia or Germany.

  • Travelex has one of the largest money transfer networks in Australia and Germany.
  • You can pick up your euros at a store, at the airport or have them delivered to you.
  • Local agents or an online portal mean you can exchange travel money when you need it.
  • There are no additional fees to exchange euros or Australian dollars with Travelex.
  • Paying for your travel money with a credit card will attract an additional fee.
  • They offer better exchange rates between Germany and Australia, compared to a bank.
  • Cards and cash can be used to fund transfers.
  • There’s a minimum transfer amount of $500.

Other good options for getting euros for travel

The following provider also offers good rates for converting Australian dollars into euros for your holiday in Germany.

Learn more about buying euros in Australia or where to find the best AUD to EUR rate.

Sending a few extra euros to your family in Germany

We can help you support your friends and family by making it easy to send some extra money their way. Convert your Australian dollars into euros quickly and easily, then transfer the money to your friends or family in Germany.

Use our recommended provider or comparison tool to:

  • Get euros to your family quickly and easily.
  • Keep your currency exchange fees to Germany to an absolute minimum.
  • Send euros to your friends and family on a regular basis.

We’ll help you find fast, hassle-free, secure and convenient ways to send money to your family and friends.

For sending euros to family and friends, we recommend exchanging money through TransferWise.

Why use TransferWise to send money to family and friends in Germany?

TransferWise is a great way to transfer money overseas.They combine low fees and the same exchange rates as you’ll find on Google or XE when you’re transferring Australian dollars into euros. They charge a service fee based on how much you transfer. You don’t pay any more to send money to family in Germany, no matter how frequently you send it. Their online services are quick, simple and easy to use.

  • TransferWise is an entirely online money transfer business, either through their app or website.
  • They offer the best exchange rates of all providers between Australian dollars and euros.
  • TransferWise keeps fees down by only charging a small service fee on money you send to family and friends.
  • There’s no minimum amount when you’re sending money to Germany.
  • There are no options for cash pickup for your family or friends, so they will need a bank account to receive the money.
  • Debit cards, credit cards and bank transfers can be used to pay for your money transfer into euros.
  • TransferWise is fast and easy to use for sending money to family and friends in Germany.

Other good options for sending money to family and friends in Germany

The following providers also offer great rates for converting Australian dollars into euros and sending money to your family or friends in Germany.

Helping people enjoy parties and events in Germany

Celebrating life’s major milestones in Germany can be an amazing experience. We’ll help you contribute towards the costs. You can easily convert your money into euros and use it to pay hospitality and entertainment bills directly.

Compare money transfer providers to:

  • Pay towards parties, events and other big occasions in Germany.
  • Help out with costs for hospitality including dining, entertainment, venues and more.
  • Easily make payments in euros directly to vendors or through organizers or family members.

We’ll help you find fast, hassle-free, secure and convenient ways to help you and your loved ones celebrate the things that matter.

For paying towards major events, we recommend converting euros through TorFX.

Why use TorFX to pay for events in Germany?

TorFX provides tailored, personalized money transfer services. When you want to learn the best ways to convert dollars into euros and pay for events in Germany, they provide a dedicated account manager to talk through your options. Their exchange rates are best if you’re sending $2,000 AUD or more and there’s no fixed fee for making a transfer. If you want to contribute to the event provider directly, you can fund the transfer from your bank account and TorFX will pay into the vendor’s account.

  • TorFX provides competitive money transfers for events, directly between bank accounts.
  • They’re best used if you’re sending more than $2,000 AUD worth of euros overseas.
  • A personalized account manager will advise you on the best ways to pay a vendor in Germany.
  • TorFX provides excellent customer service, available 24/7.
  • You have to transfer a minimum of $200 when using TorFX.

Other good money transfer options for contributing towards events in Germany

The following providers also offer great rates for converting Australian dollars into euros and putting money into your German assets.

Converting between euros and Australian dollars for buying or selling property

When it comes to renting, selling or buying property in Germany, we can help. Whether you need real estate funds in euros or Australian dollars, our currency providers can quickly transfer the money you need. Enjoy fast, secure transfers to Germany for all your property expenses.

Use our recommended provider or comparison tool to:

  • Help you plan and transfer funds for buying and selling the right property.
  • Get your Australian dollars or euros to the right places at the right time.
  • Pay towards all the German individuals and businesses involved with your real estate.

When it comes to transferring large amounts, our specialized currency transfer providers have the security, speed and reliability you need.

Why use TorFX to fund property transactions in Germany?

TorFX transactions come with a dedicated account manager who can talk you through your property-related funding options. They will cover the various ways you can transfer euros to Germany when you’re buying or selling real estate. TorFX doesn’t charge transfer fees.

  • TorFX provides competitive money transfers for buying and selling real estate directly between bank accounts.
  • They offer excellent exchange rates between Australian dollars and euros if you’re transferring $2,000 AUD or more.
  • A personalized account manager will advise you on the best ways to fund your property transactions in Germany.
  • TorFX provides excellent customer service, available 24/7.
  • The minimum transfer amount is $200.

Other good money transfer options for property transactions in Germany

The following providers also offer great rates for converting Australian dollars into euros and sending money to your family or friends in Germany.

Spending towards living expenses, education and other expenses in Germany

Paying towards your lifestyle in Germany will help you relax and enjoy your time there. Your everyday expenses mean you need to transfer Australian dollars into euros, quickly and easily. Take advantage of your new lifestyle by moving your cash in a couple of days.

Compare money transfer providers to:

For paying towards education, living or daily expenses in Germany, we recommend sending money through TransferWise.

Why use TransferWise to pay expenses in euros?

TransferWise is a fast, easy-to-use money transfer provider that’s perfect for a busy lifestyle. They offer the same exchange rates as you’ll find on Google or XE and low fees when converting Australian dollars into euros. You can use TransferWise as frequently as you like as they charge a simple service fee for you to get money from Australia to Germany. Their online services are quick and easy to use.

  • All TransferWise money transfers are made through their website or app.
  • You’ll get the most competitive exchange rates when converting between euros and Australian dollars.
  • TransferWise keeps fees down by charging a service fee based on how much money you receive in Germany from Australia.
  • There’s no minimum amount for a transfer, either in Australian dollars or euros.
  • TransferWise does not offer a cash pickup option and only allows payment directly into your local bank account.
  • Debit cards, credit cards and bank transfers can be used to pay for your money transfer into euros.
  • Transferring money for your education, lifestyle or other expenses in Germany is simple and quick with TransferWise.

Other good options for paying expenses in Germany

The following providers also offer great rates for converting Australian dollars into euros and putting money into your German assets.

Diversifying your portfolio through investing in Germany

Planning for tomorrow is easier if you can invest today, and sending money overseas could be worth exploring. You can easily exchange your Australian dollars for euros and put your money into an international portfolio. Explore whether Germany could have some good investment opportunities and take advantage now.

Compare money transfer providers to:

  • Transfer money to Germany to buy stocks, bonds or other assets.
  • Easily convert between Australian dollars and euros so you can invest locally.
  • Make one-off and regular contributions to grow your international portfolio.

When it comes to investing and building up your overseas assets, our specialized currency transfer providers have the security, speed and reliability you need.

For putting money into investments in Germany, we recommend sending euros through TorFX.

Why use TorFX to create a portfolio in Germany?

If you need someone to talk you through your money transfers to fund your overseas investments, TorFX is a great choice. When you want to learn the best ways to convert dollars into euros and put money into assets in Germany, they provide a dedicated account manager to talk through your options. TorFX is best used if you’re sending more than $2,000 AUD. They do not charge a fixed fee. You can only fund a transfer from a bank account and TorFX will pay directly into the bank account of an investment provider.

  • You can easily pay into your portfolio as TorFX transfers money between bank accounts across different countries.
  • They offer excellent exchange rates into euros if you’re transferring $2,000 AUD or more.
  • Your account manager will suggest the most cost-effective way to pay a German-based investment provider.
  • TorFX provides excellent customer service, available 24/7.
  • The minimum transfer amount is $200.

Other good money transfer options for contributing towards investments in Germany

The following providers also offer great rates for converting Australian dollars into euros and putting money into your German assets.

Building up funds in a German-based retirement plan

Are you thinking about retiring overseas to Germany? The sooner you start putting money into your retirement plan, the better. Our currency providers will convert your dollars into euros so you can build up a good pot of money for when you stop working.

Compare money transfer providers to:

  • Plan for your future in Germany by putting money into a retirement plan.
  • Supplement your standard pension with extra euro contributions.
  • Get the peace-of-mind that you’ll have enough money in your retirement years.

When it comes to putting money towards your retirement or pension, our specialized currency transfer providers have the security, speed and reliability you need.

For saving into a retirement fund in Germany, we recommend transferring money through TorFX.

Why use TorFX to fund your retirement from Germany?

TorFX is a great way to invest in a retirement fund overseas if you need personalized services. They provide a dedicated account manager who can help you send euros to Germany to put into your pension. Their exchange rates are best if you’re sending $2,000 AUD or more and there’s no fixed fee for making a transfer. You can pay for your transfer from your bank account and TorFX will credit the pension or retirement provider directly.

  • You can easily pay into your pension portfolio or retirement plan as TorFX transfers money between bank accounts across different countries.
  • They’re best used if you’re sending more than $2,000 AUD worth of euros overseas.
  • Your account manager will suggest the most cost-effective way to pay a German-based pension provider.
  • TorFX provides excellent customer service, available 24/7.
  • The minimum transfer amount is $200.

Other good money transfer options for contributing towards your retirement in Germany

The following providers also offer great rates for converting Australian dollars into euros and putting money into your German assets.

Transferring money to Germany for other goals

That's a pretty exhaustive list, but we know you might have other reasons for sending money to Germany. Whatever your goals, our providers will convert your cash into euros.

Compare money transfer providers to:

  • Send your money to Germany for any reason.
  • Get more euros for your Australian dollars.

Whatever your reason for sending money, our specialized currency transfer providers give you the speed, security, reliability and ease-of-use you need.

For sending euros to Germany, we recommend XE.

Why use XE for other money transfers?

XE has been transferring money abroad for more than 25 years, and they’re a trusted and reliable business. Because XE make money by adding a margin to the exchange rate, you avoid paying fixed fees. XE lets you make transfers for any reason, and it’s simple and quick to send euros to Germany. They combine an easy-to-use website with superb customer service to help you with your transfer.

  • XE provides both a dedicated app and a website for online money transfers.
  • There are no fees for XE’s services, instead they make money as a margin on the euros exchange rate.
  • XE allows payments through direct bank deposit, or in some cases with a card.
  • There’s a minimum fee of $50 you’re sending money to Germany.
  • There are no options for cash pickup in Germany so the recipient will need a local bank account.
  • XE is fast and easy to use.

Other good options for sending money to Germany

The following providers also offer great rates for converting Australian dollars into euros and sending money to Germany.

Useful resources and tools from The Currency Shop

Here at The Currency Shop, you’ll learn how to save on transfer fees when sending money overseas from Australia.

We have fast and easy guides and tools including:

Knowledge centre

for everything you need to know about converting and sending money abroad.

Currency converter

to find today’s exchange rates.

Travel money tool

to get the best rate when you’re buying currency in Australia.

Money transfer comparison tool

to find the cheapest rates and lowest fees.

How much do you send to Germany each year, compared
to other people in Australia?

Thanks for asking! People in Australia send around $760,000,000 AUD to Germany each year. Here’s how that amount breaks down, based on percentages of the population.

Percent of Australian
Population
Number of people
sending money
Amount per person
($AUD)
Each person could be
overpaying by up to ($AUD)
2% 500,000 $1,521 $76
1% 250,000 $3,042 $152
0.50% 125,000 $6,083 $304
0.20% 50,000 $15,208 $760
0.10% 25,000 $30,415 $1,521

Many Australian residents, possibly including you, are spending too much on currency transfers to Germany.

Keep your transfer fees to Germany to a minimum

Learning about currency transfer fees isn’t anyone’s idea of a good time, so we’ll keep this brief! When you convert Australian dollars to euros and send that money to Germany, your bank, PayPal or a specialist currency transfer company may charge you in several ways:

As an increase on the standard exchange rate

this is the most common way you’ll be charged, and it’s simply a slightly worse exchange rate than the base exchange rate*. For example, the base exchange rate might be $100 AUD to 63 euros, but a currency exchange provider offers you 61 euros for $100 AUD.

As a predetermined fee

some providers, especially banks, charge a flat rate of up to $35 AUD to convert between $AUD and euros.

As a commission or service charge

some providers deduct an additional percentage commission or service charge on the money you’re sending.

*The standard exchange rate is also known as the standard, mid-market or interbank exchange rate.

Some providers charge just one type of fee, whereas others combine fees in different ways. In most cases, a specialist, lower-cost currency provider will charge between 0.5 percent and 1.5 percent of the amount you’re sending.

Thankfully, this is the only time you need to know about this. We take into account every type of fee when calculating how much the recipient will get. Trust us to keep things simple!

Frequently Asked Questions about Sending Money to Germany from Australia

How long does it take to send money to Germany?

It depends on the provider you choose, how you pay for the transfer and how the recipient wants to get the money. Most money transfers to Germany via a specialist provider take [x to x] days.

How can I pay for my money transfer to Germany?

Depending on your provider, there are several different ways to pay. Many providers accept direct bank transfers, wire transfers, or debit or credit card payments. They may charge a small additional fee, depending on how you decide to pay.

How does The Currency Shop make money?

The Currency Shop does not charge you. Instead, we receive a referral fee from the banks and money transfer companies that we are partnered with. This does not affect the price you pay.

Is it safe to use The Currency Shop to compare?

Yes. The Currency Shop holds an Australian Financial Services Licence (462269) and is a member of the Financial Ombudsman Service. We closely vet our providers and only partner with the largest, safest and most trusted money transfer companies in the world. That just makes sense.

What information do I need to make a transfer?

To send money to Germany from Australia, you’ll normally need the following information:

  • Your name, address, identity verification and payment details.
  • The name and address of the beneficiary or recipient you’re sending money to.
  • The recipient’s bank account details including the name of the bank and account number.
  • In some cases you may need the BSB (bank state branch) number.
  • In all cases you will need to provide the BIC, SWIFT or IBAN code.

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