How to send money to Australia from Germany with the best EUR-AUD rate

Xe is the best and cheapest service overall. On €7,000 you will get 11,046.7 AUD after fees and the exchange rate.

We’ve compared 13 money transfer companies in more detail below.

Best companies for EUR/AUD transfers

13 of 13 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/AUD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €31.04 1 EUR = 1.5810 AUD +0.02% vs mid-market Recipient gets $11,017.93 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Australia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€31.041 EUR = 1.5810 AUD
$11,017.93You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1.5781 AUD +0.20% vs mid-market Recipient gets $11,046.70 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Australia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5781 AUD
$11,046.70You pay€7,000.00

Run a live search

Showing top Germany to Australia deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1.5781 AUD +0.20% vs mid-market Recipient gets $11,046.70 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Australia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5781 AUD
$11,046.70You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5781 AUD +0.20% vs mid-market Recipient gets $11,046.70 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Australia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5781 AUD
$11,046.70You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 1.5781 AUD +0.20% vs mid-market Recipient gets $11,046.70 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Australia with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5781 AUD
$11,046.70You pay€7,000.00
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5773 AUD +0.25% vs mid-market Recipient gets $11,041.24 Minutes - 3 days
Personal account managerReceive to bank account

Ways to receive money in Australia with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 1.5773 AUD
$11,041.24You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5770 AUD +0.27% vs mid-market Recipient gets $11,039.02 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Australia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5770 AUD
$11,039.02You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5765 AUD +0.30% vs mid-market Recipient gets $11,035.70 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Australia with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5765 AUD
$11,035.70You pay€7,000.00

Wise

Pay via Bank transfer
Fee €31.04 1 EUR = 1.5810 AUD +0.02% vs mid-market Recipient gets $11,017.93 Within minutes
FastestRecommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Australia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€31.041 EUR = 1.5810 AUD
$11,017.93You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5734 AUD +0.50% vs mid-market Recipient gets $11,013.57 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Australia with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5734 AUD
$11,013.57You pay€7,000.00

Currencies Direct

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5728 AUD +0.54% vs mid-market Recipient gets $11,009.60 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Australia with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5728 AUD
$11,009.60You pay€7,000.00

Wise

Pay via iDEAL
Fee €41.19 1 EUR = 1.5810 AUD +0.02% vs mid-market Recipient gets $11,001.88 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Australia with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€41.191 EUR = 1.5810 AUD
$11,001.88You pay€7,000.00

CurrencyFair

Pay via Bank transfer
Fee €2.53 1 EUR = 1.5722 AUD +0.58% vs mid-market Recipient gets $11,001.40 Minutes - 24 hours
Receive to bank account

Ways to receive money in Australia with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€2.531 EUR = 1.5722 AUD
$11,001.40You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €30.35 1 EUR = 1.5775 AUD +0.24% vs mid-market Recipient gets $10,994.95 Same day
Multi-currency cardReceive to bank account

Ways to receive money in Australia with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
€30.351 EUR = 1.5775 AUD
$10,994.95You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 1.5700 AUD +0.72% vs mid-market Recipient gets $10,990.00 Minutes
Receive to bank account

Ways to receive money in Australia with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 EUR = 1.5700 AUD
$10,990.00You pay€7,000.00

Deutsche Bank

Pay via Bank transfer
Fee €37.05 1 EUR = 1.5760 AUD +0.33% vs mid-market Recipient gets $10,973.69 Minutes - 5 days
0 reviews

Ways to receive money in Australia with Deutsche Bank when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
€37.051 EUR = 1.5760 AUD
$10,973.69You pay€7,000.00

Wise

Pay via Debit card
Fee €86.12 1 EUR = 1.5810 AUD +0.02% vs mid-market Recipient gets $10,930.84 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Australia with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€86.121 EUR = 1.5810 AUD
$10,930.84You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5591 AUD +1.40% vs mid-market Recipient gets $10,913.95 Minutes - 2 days

Ways to receive money in Australia with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 1.5591 AUD
$10,913.95You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 1.5529 AUD +1.81% vs mid-market Recipient gets $10,870.30 Minutes - 24 hours

Ways to receive money in Australia with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 1.5529 AUD
$10,870.30You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 1.5529 AUD
$10,870.30You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 1.5529 AUD +1.81% vs mid-market Recipient gets $10,870.30 Minutes - 24 hours

Ways to receive money in Australia with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 1.5529 AUD
$10,870.30You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 1.5529 AUD
$10,870.30You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 1.5529 AUD +1.81% vs mid-market Recipient gets $10,870.30 Minutes - 24 hours

Ways to receive money in Australia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 1.5529 AUD
$10,870.30You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 1.5529 AUD
$10,870.30You pay€7,009.99

Wise

Pay via Credit card
Fee €128.20 1 EUR = 1.5810 AUD +0.02% vs mid-market Recipient gets $10,864.32 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Australia with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€128.201 EUR = 1.5810 AUD
$10,864.32You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 1.5813 AUD Updates every 60 minutes.

How to send money from Germany to Australia

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Xe.

Xe was the cheapest on 1 of the 30 days it quoted €7,000 transfers to Australia.

On a 7,000 EUR transfer, Xe delivers the most AUD.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/AUD rate.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, credit card, and iDEAL.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Australia?

How much EUR you send to Australia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Xe was the cheapest in 4% of the transfers from €7,000 it quoted, and in 5% of all the transfers it quoted.

Cheapest service
€6000.27%€0.00$946.08with debit card to bank deposit+$11.77
€1,000-0.43%€5.99$1,578.79with bank transfer to bank deposit+$17.25
€5,0000.20%€0.00$7,892.00with debit card to bank deposit+$88.63
€7,000This page0.20%€0.00$11,046.70with debit card to bank deposit+$67.75
€50,0000.20%€0.00$78,915.60with bank transfer to bank deposit+$388.43

Mid-market rate: 1 EUR = 1.5813 AUD

EUR/AUD Exchange Rate History

Is today a good time to send money from Germany to Australia?

The cheapest way to send EUR to AUD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Xe), across 30 days of comparisons for 7,000 EUR transfers to Australia.

AUD received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate$11,068.91 Xe $11,046.70 Deutsche Bank $10,973.69Xe$11,046.70Key Currency$11,041.24Regency FX$11,039.02Extra cost of a bank$73.01

10.900
11.000
11.100
11.200
11.300
11.400
11.500
At the mid-market rateWith the cheapest optionWith a bankXeKey CurrencyRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6245 – $11,371.16
Key Currency Cheapest 1.6204 €0.00 $11,342.73 −$28.43
Regency FX 1.6201 €0.00 $11,340.45 −$30.71
Xe 1.6159 €0.00 $11,311.30 −$59.86
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6285 – $11,399.27
Key Currency Cheapest 1.6244 €0.00 $11,370.77 −$28.50
Regency FX 1.6241 €0.00 $11,368.49 −$30.78
Xe 1.6196 €0.00 $11,337.20 −$62.07
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6273 – $11,391.06
Key Currency Cheapest 1.6232 €0.00 $11,362.58 −$28.48
Regency FX 1.6229 €0.00 $11,360.30 −$30.76
Xe 1.6183 €0.00 $11,328.10 −$62.96
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6229 – $11,360.00
Key Currency Cheapest 1.6188 €0.00 $11,331.60 −$28.40
Regency FX 1.6185 €0.00 $11,329.33 −$30.67
Xe 1.6144 €0.00 $11,300.80 −$59.20
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6250 – $11,374.73
Key Currency Cheapest 1.6209 €0.00 $11,346.29 −$28.44
Regency FX 1.6206 €0.00 $11,344.02 −$30.71
Xe 1.5972 €0.00 $11,180.40 −$194.33
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6250 – $11,374.73
Key Currency Cheapest 1.6209 €0.00 $11,346.29 −$28.44
Regency FX 1.6206 €0.00 $11,344.02 −$30.71
Xe 1.5976 €0.00 $11,183.20 −$191.53
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6110 – $11,276.75
Key Currency Cheapest 1.6069 €0.00 $11,248.56 −$28.19
Regency FX 1.6066 €0.00 $11,246.30 −$30.45
Xe 1.6033 €0.00 $11,223.10 −$53.65
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6096 – $11,267.16
Key Currency Cheapest 1.6056 €0.00 $11,238.99 −$28.17
Regency FX 1.6052 €0.00 $11,236.74 −$30.42
Xe 1.6008 €0.00 $11,205.60 −$61.56
Deutsche Bank 1.6010 €37.05 $11,147.67 −$119.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6108 – $11,275.41
Key Currency Cheapest 1.6067 €0.00 $11,247.22 −$28.19
Regency FX 1.6064 €0.00 $11,244.97 −$30.44
Xe 1.6022 €0.00 $11,215.40 −$60.01
Deutsche Bank 1.6010 €37.05 $11,147.67 −$127.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6109 – $11,276.03
Key Currency Cheapest 1.6068 €0.00 $11,247.84 −$28.19
Regency FX 1.6065 €0.00 $11,245.58 −$30.45
Xe 1.6015 €0.00 $11,210.50 −$65.53
Deutsche Bank 1.5987 €37.05 $11,131.62 −$144.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6082 – $11,257.75
Key Currency Cheapest 1.6042 €0.00 $11,229.61 −$28.14
Regency FX 1.6039 €0.00 $11,227.35 −$30.40
Xe 1.6003 €0.00 $11,202.10 −$55.65
Deutsche Bank 1.5987 €37.05 $11,131.62 −$126.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6084 – $11,259.12
Key Currency Cheapest 1.6044 €0.00 $11,230.97 −$28.15
Regency FX 1.6041 €0.00 $11,228.72 −$30.40
Deutsche Bank 1.5958 €37.05 $11,111.48 −$147.64
Xe 1.5774 €0.00 $11,041.80 −$217.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6084 – $11,259.12
Key Currency Cheapest 1.6044 €0.00 $11,230.97 −$28.15
Regency FX 1.6041 €0.00 $11,228.72 −$30.40
Deutsche Bank 1.5958 €37.05 $11,111.48 −$147.64
Xe 1.5767 €0.00 $11,036.90 −$222.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6051 – $11,235.67
Key Currency Cheapest 1.6011 €0.00 $11,207.58 −$28.09
Regency FX 1.6008 €0.00 $11,205.34 −$30.33
Xe 1.5964 €0.00 $11,174.80 −$60.87
Deutsche Bank 1.5951 €37.05 $11,106.70 −$128.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6058 – $11,240.89
Key Currency Cheapest 1.6018 €0.00 $11,212.79 −$28.10
Regency FX 1.6015 €0.00 $11,210.54 −$30.35
Xe 1.5978 €0.00 $11,184.60 −$56.29
Deutsche Bank 1.5954 €37.05 $11,108.90 −$131.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6003 – $11,202.35
Key Currency Cheapest 1.5963 €0.00 $11,174.35 −$28.00
Regency FX 1.5960 €0.00 $11,172.11 −$30.24
Xe 1.5919 €0.00 $11,143.30 −$59.05
Deutsche Bank 1.5951 €37.05 $11,106.60 −$95.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6154 – $11,307.46
Key Currency Cheapest 1.6113 €0.00 $11,279.19 −$28.27
Regency FX 1.6110 €0.00 $11,276.93 −$30.53
Xe 1.6063 €0.00 $11,244.10 −$63.36
Deutsche Bank 1.5951 €37.05 $11,106.60 −$200.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6159 – $11,310.96
Key Currency Cheapest 1.6118 €0.00 $11,282.69 −$28.27
Regency FX 1.6115 €0.00 $11,280.42 −$30.54
Xe 1.6081 €0.00 $11,256.70 −$54.26
Deutsche Bank 1.5883 €37.05 $11,059.18 −$251.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6136 – $11,295.26
Wise Cheapest 1.6180 €31.04 $11,275.64 −$19.62
Key Currency 1.6096 €0.00 $11,267.02 −$28.24
Regency FX 1.6093 €0.00 $11,264.76 −$30.50
Xe 1.5871 €0.00 $11,109.70 −$185.56
Deutsche Bank 1.5883 €37.05 $11,059.18 −$236.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6136 – $11,295.26
Wise Cheapest 1.6180 €31.04 $11,275.64 −$19.62
Key Currency 1.6096 €0.00 $11,267.02 −$28.24
Regency FX 1.6093 €0.00 $11,264.76 −$30.50
Deutsche Bank 1.6082 €37.05 $11,197.82 −$97.44
Xe 1.5886 €0.00 $11,120.20 −$175.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6085 – $11,259.68
Key Currency Cheapest 1.6045 €0.00 $11,231.53 −$28.14
Regency FX 1.6042 €0.00 $11,229.27 −$30.40
Xe 1.6004 €0.00 $11,202.80 −$56.88
Deutsche Bank 1.6070 €37.05 $11,189.54 −$70.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6050 – $11,234.77
Key Currency Cheapest 1.6010 €0.00 $11,206.68 −$28.09
Regency FX 1.6006 €0.00 $11,204.44 −$30.33
Deutsche Bank 1.6070 €37.05 $11,189.54 −$45.23
Xe 1.5974 €0.00 $11,181.80 −$52.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5992 – $11,194.34
Key Currency Cheapest 1.5952 €0.00 $11,166.36 −$27.98
Regency FX 1.5949 €0.00 $11,164.12 −$30.22
Xe 1.5912 €0.00 $11,138.40 −$55.94
Deutsche Bank 1.5945 €37.05 $11,102.65 −$91.69
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.6023 €31.04 $11,166.71 –
Xe 1.5938 €0.00 $11,156.60 –
Deutsche Bank 1.5877 €37.05 $11,055.03 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5968 – $11,177.68
Key Currency Cheapest 1.5928 €0.00 $11,149.73 −$27.95
Regency FX 1.5925 €0.00 $11,147.50 −$30.18
Xe 1.5884 €0.00 $11,118.80 −$58.88
Deutsche Bank 1.5877 €37.05 $11,055.03 −$122.65
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.5924 €31.04 $11,097.51 –
Deutsche Bank 1.5840 €37.05 $11,029.31 –
Xe 1.5625 €0.00 $10,937.50 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6058 – $11,240.89
Key Currency Cheapest 1.6018 €0.00 $11,212.78 −$28.11
Regency FX 1.6015 €0.00 $11,210.54 −$30.35
Deutsche Bank 1.5840 €37.05 $11,029.31 −$211.58
Xe 1.5620 €0.00 $10,934.00 −$306.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5960 – $11,172.24
Key Currency Cheapest 1.5920 €0.00 $11,144.31 −$27.93
Regency FX 1.5917 €0.00 $11,142.07 −$30.17
Xe 1.5870 €0.00 $11,109.00 −$63.24
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5904 – $11,132.58
Key Currency Cheapest 1.5864 €0.00 $11,104.74 −$27.84
Regency FX 1.5861 €0.00 $11,102.52 −$30.06
Xe 1.5817 €0.00 $11,071.90 −$60.68
Deutsche Bank 1.5857 €37.05 $11,041.00 −$91.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5813 – $11,068.91
Xe Cheapest 1.5781 €0.00 $11,046.70 −$22.21
Key Currency 1.5773 €0.00 $11,041.24 −$27.67
Regency FX 1.5770 €0.00 $11,039.02 −$29.89
Deutsche Bank 1.5760 €37.05 $10,973.69 −$95.22

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more AUD per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of AUD on every transfer from Germany.

Right now, Xe pays 11,046.7 AUD on 7,000 EUR, which is 22.21 AUD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 11,370.77 AUD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Australia.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. XeAppeared in 77 comparisons

    Cheapest in 5% of them

  2. Key CurrencyAppeared in 42 comparisons

    Cheapest in 86% of them

  3. Regency FXAppeared in 42 comparisons

    Never the cheapest

  4. Deutsche BankAppeared in 86 comparisons

    Cheapest in 2% of them

Based on 94 comparisons across 5 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Xe is the cheapest and gets you the most AUD, but it was the cheapest in only 5% of the 77 comparisons it appeared in over the past month.

If it's a one-off transfer, go with Xe, since it's the cheapest right now.

Ways to send money from Germany to Australia

There are 13 companies for sending money from Germany to Australia, across broker, app, online, multi-currency account, global account, in person, and bank, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with Xe to Australia gets you 11,046.7 AUD with a €0 fee and 0.2% markup.

In our comparisons over the past month, it was the cheapest online service on 1 of the 30 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

In general, online transfers are cheaper than sending cash to Australia.

For Euro transfers only

Banks

Inside the eurozone, banks use a SEPA transfer which is cheap or free and there's little reason to look further.

Outside the eurozone, banks like Deutsche Bank are much more expensive.

On a €7,000 transfer, Deutsche Bank delivers 10,973.69 AUD vs 11,046.7 AUD with Xe.

We found Deutsche Bank was the cheapest bank on 22 of the 22 days it appeared for this amount.

For large transfers from Germany

Currency brokers

For buying property, moving to Australia, or moving pensions, a currency broker is the best option.

A broker like Xe charges no fee and works on a margin. It adds 0.2% on EUR/AUD which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Xe was the cheapest broker in 4% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Australia.

Be it overseas suppliers and contractors, receiving AUD payments, or holding AUD and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and AUD in one account.

You get AUD bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert AUD to EUR or EUR to AUD whenever you need.

The best multi-currency account is Wise, it adds ~0.02% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund EUR and receive AUD in Australia

With Xe, paying by debit card and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 11,046.7 AUD.

Our data shows that Xe gets your recipient 73.01 AUD more than Deutsche Bank, today's cheapest bank, on the same €7,000.

You can pay for the transfer using bank transfer, debit card, credit card, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Australia.

The recipient in Australia can receive AUD by bank deposit and cash pickup.

To receive AUD by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Australia

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Debit card Bank deposit

    You pay €7,000.00

    A$11,047

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay €7,000.00

    A$11,047

    A$0

  3. 3
    Credit card Bank deposit

    You pay €7,000.00

    A$11,047

    A$0

  4. 4
    iDEAL Bank deposit

    You pay €7,000.00

    A$11,002

    -A$45

  5. 5
    Debit card Cash pickup

    You pay €7,009.99

    A$10,870

    -A$176

Show moreShow less
  1. 6
    Bank transfer Cash pickup

    You pay €7,009.99

    A$10,870

    -A$176

  2. 7
    Credit card Cash pickup

    You pay €7,009.99

    A$10,870

    -A$176

Things to know before sending money from Germany to Australia

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/AUD transfer options

For a €7,000 transfer to Australia, these are the best options:

Cheapest way to send money to Australia

The cheapest option is Xe, funded by debit card with bank deposit for the payout. Your recipient gets 11,046.7 AUD, which is 0.05% more than the next best option.

Fastest way to send money to Australia

The fastest option is Wise. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 11,017.93 AUD in within minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into AUD sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 13 of them on EUR to Australia, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for EUR/AUD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.