International Money Transfer to Germany

International Money Transfer to Germany

You might be wondering what is the best way to transfer a large amount of money to Germany, especially to your Blocked Account with minimized fees and maximized speed. Expatrio has an answer for you! 

To make international money transfers and the Blocked Account setup a bit easier we have partnered with some of the best international money transfer companies that have no hidden fees and offer you absolute safety in combination with fair exchange rates. Check them out!

Cohort Go

Cohort Go is an international payment service provider. Founded with the goal of helping international students with their tuition payments, Cohort Go serves more than 100,000 students from 180 countries in over 60 different currencies. The company delivers funds at a low foreign exchange rate and no banking fees. With their fully digital offering, Cohort Go enables students to make international payments at their fingertips. By collaborating with Expatrio, Cohort Go is now fully integrated into our Expatrio User Portal. Expatrio's customers are able to transfer money to their blocked account in local currencies and with the latest services of online payments (e.g. Alipay, Union Pay, ICICI).

USE COHORTGO

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InstaReM - Global

InstaReM (short for "Instant Remittance") developed a solution to provide a transparent service for overseas money transfer with close to live exchange rates. The company was incorporated in Singapore in August 2014 and is operating across Singapore, Hong Kong, Malaysia, Australia, India, the U.S. and Europe.

We will make it easy and simply share their story (a bit shortened of course): When Prajit Nanu, Co-Founder and CEO of InstaReM was booking a resort in Thailand, he was frustrated with the cumbersome process to transfer money overseas. He realized that international money transfers were expensive and nontransparent. Besides, paperwork and multiple touchpoints increased processing times and costs. Based on this experience he decided to change the process of international money transfers to the better - just like we did at Expatrio with the relocation process to Germany.

USE INSTAREM

 

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Current Bank Account

If you are looking for a Current Bank Account in Germany, you should have a look at our dedicated page comparing different providers for Current Bank Accounts in Germany.

Read more

TransferWise - Global

TransferWise is a UK-based money transfer service which is operating since January 2011. Headquartered in London, they have offices in a number of cities including Tallinn, New York, Singapore and Budapest and support more than 750 currency routes across the world. In 2018, TransferWise reached 4 million customers and a monthly transfer volume of around $4 billion. Instead of taking the difference between inter-bank buy and sell rates for themselves like it is done for traditional currency transfers, TransferWise matches transfers with other people and then takes a small commission while using the inter-bank mid exchange rate. This is how they are able to offer you a cheap way to transfer funds internationally.

They describe themselves as follows: "TransferWise removes all the wrongness, letting people send money abroad at the lowest possible true cost. Using only real exchange rates and tiny not-hidden-fees. Headaches averted, and a revolution sparked." 

USE TRANSFERWISE

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MOIN – South Korea

Together with MOIN, we have implemented a process for Expatrio's Korean customers to save money and enjoy the most convenient solution when transferring their blocked amount to Germany. To make it even easier for you, the unique coupon code "expatrio" enables you to enjoy a one-time free transfer when using MOIN.

As an award-winning FinTech company, MOIN offers the best cross-border money transfer solution from Korea to the world. By providing fast and convenient money transfer service at an affordable price, MOIN wants to innovate inefficiencies and create value for the customers. MOIN supports international transfer to more 27 countries including the European Union, USA, China, Japan, Australia, and Singapore. Established in March 2016, MOIN won the Financial Supervisory Service Award at the ‘2016 Financial Reformation Start-up and Job Fair Competition’. Obtaining official "Small-sum Transfer License" from the Ministry of Strategy and Finance in January 2018 once again confirmed that MOIN keeps up to the Bank-level security standards.

USE MOIN

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XCURRENCY – China

XCURRENCY is mostly used by Expatrio's Chinese customers and an internet platform that offers innovative foreign exchange services and focuses on the use of new technologies to solve foreign exchange problems in cross-border scenarios. XCURRENCY can help you convert 160+ legal currencies with ease. XCURRENCY is one of the world's largest exchange rate information tools, providing Chinese people around the world with more convenient and secure cross-border money transfer services.

USE XCURRENCY

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