How to send money to Guatemala from Germany with the best EUR-GTQ rate

Regency FX is the best and cheapest service overall. On €7,000 you will get 59,414.23 GTQ after fees and the exchange rate.

We’ve compared 8 money transfer companies in more detail below.

Best companies for EUR/GTQ transfers

8 of 8 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/GTQ transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €244.56 1 EUR = 8.4946 GTQ +0.19% vs mid-market Recipient gets Q 57,385.03 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
€244.561 EUR = 8.4946 GTQ
Q 57,385.03You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 8.4337 GTQ +0.91% vs mid-market Recipient gets Q 59,035.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.4337 GTQ
Q 59,035.90You pay€7,000.00

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Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 8.4877 GTQ +0.27% vs mid-market Recipient gets Q 59,414.23 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.4877 GTQ
Q 59,414.23You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 8.4337 GTQ +0.91% vs mid-market Recipient gets Q 59,035.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.4337 GTQ
Q 59,035.90You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 8.4337 GTQ +0.91% vs mid-market Recipient gets Q 59,035.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.4337 GTQ
Q 59,035.90You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 8.4337 GTQ +0.91% vs mid-market Recipient gets Q 59,035.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.4337 GTQ
Q 59,035.90You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 8.4300 GTQ +0.95% vs mid-market Recipient gets Q 59,010.00 Minutes
Receive to bank account

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

MethodFee & ratesRecipient gets
Cash pickupMinutesAvailable via:Banco Industrial (Solo retiro en efectivo), Banrural (Solo retiro en efectivo)
Free1 EUR = 8.4300 GTQ
Q 59,010.00You pay€7,000.00
Mobile moneyMinutesAvailable via:Tigo
Free1 EUR = 8.4300 GTQ
Q 59,010.00You pay€7,000.00
Bank depositMinutes
€0.891 EUR = 8.4300 GTQ
Q 59,010.00You pay€7,000.89
Only available via Mobile App

Sendwave

Pay via Debit card
Fee €0.00 1 EUR = 8.4203 GTQ +1.07% vs mid-market Recipient gets Q 58,941.96 Minutes - 3 days
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Sendwave when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 8.4203 GTQ
Q 58,941.96You pay€7,000.00
Cash pickupMinutes - 3 days
Free1 EUR = 8.3778 GTQ
Q 58,644.25You pay€7,000.00
Card depositMinutes - 3 days
Free1 EUR = 8.3592 GTQ
Q 58,514.47You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €31.60 1 EUR = 8.4385 GTQ +0.85% vs mid-market Recipient gets Q 58,802.74 Within minutes
Fastest
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€31.601 EUR = 8.4385 GTQ
Q 58,802.74You 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.

Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €0.00 1 EUR = 8.3788 GTQ +1.56% vs mid-market Recipient gets Q 58,651.81 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Guatemala with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Card depositMinutes - 2 days
Free1 EUR = 8.3788 GTQ
Q 58,651.81You pay€7,000.00
Bank depositMinutes - 2 days
€2.991 EUR = 8.3548 GTQ
Q 58,458.55You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 8.3428 GTQ +1.99% vs mid-market Recipient gets Q 58,399.60 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 8.3428 GTQ
Q 58,399.60You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:Banrural, Banco Azteca, Banco Promerica, All Banks
€9.991 EUR = 8.3007 GTQ
Q 58,104.90You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 8.3428 GTQ +1.99% vs mid-market Recipient gets Q 58,399.60 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 8.3428 GTQ
Q 58,399.60You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:Banrural, Banco Azteca, Banco Promerica, All Banks
€9.991 EUR = 8.3007 GTQ
Q 58,104.90You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 8.3428 GTQ +1.99% vs mid-market Recipient gets Q 58,399.60 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 8.3428 GTQ
Q 58,399.60You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:Banrural, All Banks, Banco Promerica, Banco Azteca
€9.991 EUR = 8.3007 GTQ
Q 58,104.90You pay€7,009.99
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €191.00 1 EUR = 8.4385 GTQ +0.85% vs mid-market Recipient gets Q 57,457.64 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Guatemala with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€191.001 EUR = 8.4385 GTQ
Q 57,457.64You 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.

Wise

Pay via Bank transfer
Fee €244.56 1 EUR = 8.4946 GTQ +0.19% vs mid-market Recipient gets Q 57,385.03 Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
€244.561 EUR = 8.4946 GTQ
Q 57,385.03You pay€7,000.00

Wise

Pay via iDEAL
Fee €254.12 1 EUR = 8.4946 GTQ +0.19% vs mid-market Recipient gets Q 57,303.82 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
€254.121 EUR = 8.4946 GTQ
Q 57,303.82You pay€7,000.00

Wise

Pay via Debit card
Fee €296.37 1 EUR = 8.4946 GTQ +0.19% vs mid-market Recipient gets Q 56,944.92 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
€296.371 EUR = 8.4946 GTQ
Q 56,944.92You pay€7,000.00

Wise

Pay via Credit card
Fee €335.99 1 EUR = 8.4946 GTQ +0.19% vs mid-market Recipient gets Q 56,608.37 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
€335.991 EUR = 8.4946 GTQ
Q 56,608.37You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 8.5107 GTQ Updates every 60 minutes.

How to send money from Germany to Guatemala

Pick a company

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

Regency FX was the cheapest on 28 of the 28 days it quoted €7,000 transfers to Guatemala.

On a 7,000 EUR transfer, Regency FX delivers the most GTQ.

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

Fund your transfer

You have 4 ways to pay, including debit card, bank transfer, 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 Guatemala?

How much EUR you send to Guatemala 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 Regency FX was the cheapest in 100% of the transfers from €7,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
€1,0000.56%€0.00Q 8,466.70with debit card to bank deposit+Q 126.63
€5,0000.84%€21.60Q 42,022.44with bank transfer to bank deposit+Q 361.83
€7,000This page0.27%€0.00Q 59,414.23with bank transfer to bank deposit+Q 1,112.54
€50,0000.25%€0.00Q 424,632.66with bank transfer to bank deposit+Q 8,753.50

Mid-market rate: 1 EUR = 8.5107 GTQ

EUR/GTQ Exchange Rate History

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

The cheapest way to send EUR to GTQ 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 Regency FX), across 30 days of comparisons for 7,000 EUR transfers to Guatemala.

GTQ received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateQ 59,575.08 Regency FX Q 59,414.23Regency FXQ 59,414.23XeQ 59,035.90TapTap SendQ 59,010.00

58.500
59.000
59.500
60.000
60.500
61.000
At the mid-market rateWith the cheapest optionRegency FXXeTapTap Send
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.6828 – Q 60,779.52
Regency FX Cheapest 8.6593 €0.00 Q 60,615.41 −Q 164.11
TapTap Send 8.6000 €0.00 Q 60,200.00 −Q 579.52
Xe 8.5924 €0.00 Q 60,146.80 −Q 632.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.6737 – Q 60,716.13
Regency FX Cheapest 8.6503 €0.00 Q 60,552.20 −Q 163.93
TapTap Send 8.5700 €0.00 Q 59,990.00 −Q 726.13
Xe 8.5626 €0.00 Q 59,938.20 −Q 777.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.6645 – Q 60,651.37
Regency FX Cheapest 8.6411 €0.00 Q 60,487.62 −Q 163.75
TapTap Send 8.5700 €0.00 Q 59,990.00 −Q 661.37
Xe 8.5428 €0.00 Q 59,799.60 −Q 851.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.6480 – Q 60,536.32
Regency FX Cheapest 8.6247 €0.00 Q 60,372.87 −Q 163.45
TapTap Send 8.5200 €0.00 Q 59,640.00 −Q 896.32
Xe 8.4932 €0.00 Q 59,452.40 −Q 1,083.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.6029 – Q 60,219.96
Regency FX Cheapest 8.5796 €0.00 Q 60,057.36 −Q 162.60
TapTap Send 8.5200 €0.00 Q 59,640.00 −Q 579.96
Xe 8.5031 €0.00 Q 59,521.70 −Q 698.26
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5859 – Q 60,101.22
Regency FX Cheapest 8.5627 €0.00 Q 59,938.95 −Q 162.27
Xe 8.5031 €0.00 Q 59,521.70 −Q 579.52
TapTap Send 8.5000 €0.00 Q 59,500.00 −Q 601.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5416 – Q 59,790.92
Regency FX Cheapest 8.5185 €0.00 Q 59,629.48 −Q 161.44
Xe 8.4535 €0.00 Q 59,174.50 −Q 616.42
TapTap Send 8.4500 €0.00 Q 59,150.00 −Q 640.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5521 – Q 59,864.60
Regency FX Cheapest 8.5290 €0.00 Q 59,702.97 −Q 161.63
Xe 8.4833 €0.00 Q 59,383.10 −Q 481.50
TapTap Send 8.4600 €0.00 Q 59,220.00 −Q 644.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5707 – Q 59,994.65
Regency FX Cheapest 8.5475 €0.00 Q 59,832.66 −Q 161.99
Xe 8.4932 €0.00 Q 59,452.40 −Q 542.25
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 634.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5448 – Q 59,813.67
Regency FX Cheapest 8.5217 €0.00 Q 59,652.17 −Q 161.50
TapTap Send 8.4700 €0.00 Q 59,290.00 −Q 523.67
Xe 8.4634 €0.00 Q 59,243.80 −Q 569.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5552 – Q 59,886.60
Regency FX Cheapest 8.5321 €0.00 Q 59,724.91 −Q 161.69
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 526.60
Xe 8.4535 €0.00 Q 59,174.50 −Q 712.10
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5655 – Q 59,958.28
Regency FX Cheapest 8.5423 €0.00 Q 59,796.39 −Q 161.89
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 598.28
Xe 8.4634 €0.00 Q 59,243.80 −Q 714.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5655 – Q 59,958.28
Regency FX Cheapest 8.5423 €0.00 Q 59,796.39 −Q 161.89
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 598.28
Xe 8.4634 €0.00 Q 59,243.80 −Q 714.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5637 – Q 59,945.92
Regency FX Cheapest 8.5406 €0.00 Q 59,784.07 −Q 161.85
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 585.92
Xe 8.4634 €0.00 Q 59,243.80 −Q 702.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5648 – Q 59,953.91
Regency FX Cheapest 8.5417 €0.00 Q 59,792.03 −Q 161.88
TapTap Send 8.4700 €0.00 Q 59,290.00 −Q 663.91
Xe 8.4436 €0.00 Q 59,105.20 −Q 848.71
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 8.4600 €0.00 Q 59,220.00 –
Xe 8.4535 €0.00 Q 59,174.50 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5595 – Q 59,916.19
Regency FX Cheapest 8.5363 €0.00 Q 59,754.42 −Q 161.77
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 556.19
Xe 8.4634 €0.00 Q 59,243.80 −Q 672.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5859 – Q 60,101.17
Regency FX Cheapest 8.5627 €0.00 Q 59,938.90 −Q 162.27
TapTap Send 8.5000 €0.00 Q 59,500.00 −Q 601.17
Xe 8.4932 €0.00 Q 59,452.40 −Q 648.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5987 – Q 60,190.79
Regency FX Cheapest 8.5755 €0.00 Q 60,028.27 −Q 162.52
TapTap Send 8.5100 €0.00 Q 59,570.00 −Q 620.79
Xe 8.5031 €0.00 Q 59,521.70 −Q 669.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5987 – Q 60,190.79
Regency FX Cheapest 8.5755 €0.00 Q 60,028.27 −Q 162.52
Xe No quote collected this day – – – –
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.6059 – Q 60,241.60
Regency FX Cheapest 8.5827 €0.00 Q 60,078.95 −Q 162.65
TapTap Send 8.5200 €0.00 Q 59,640.00 −Q 601.60
Xe 8.5031 €0.00 Q 59,521.70 −Q 719.90
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5878 – Q 60,114.63
Regency FX Cheapest 8.5646 €0.00 Q 59,952.33 −Q 162.30
TapTap Send 8.5000 €0.00 Q 59,500.00 −Q 614.63
Xe 8.4833 €0.00 Q 59,383.10 −Q 731.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5590 – Q 59,913.20
Regency FX Cheapest 8.5359 €0.00 Q 59,751.43 −Q 161.77
Xe 8.4733 €0.00 Q 59,313.10 −Q 600.10
TapTap Send 8.4700 €0.00 Q 59,290.00 −Q 623.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5954 – Q 60,167.96
Regency FX Cheapest 8.5722 €0.00 Q 60,005.51 −Q 162.45
TapTap Send 8.5100 €0.00 Q 59,570.00 −Q 597.96
Xe 8.4833 €0.00 Q 59,383.10 −Q 784.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5630 – Q 59,940.89
Regency FX Cheapest 8.5399 €0.00 Q 59,779.05 −Q 161.84
TapTap Send 8.4800 €0.00 Q 59,360.00 −Q 580.89
Xe 8.4733 €0.00 Q 59,313.10 −Q 627.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5571 – Q 59,899.81
Regency FX Cheapest 8.5340 €0.00 Q 59,738.08 −Q 161.73
Xe 8.4733 €0.00 Q 59,313.10 −Q 586.71
TapTap Send 8.4700 €0.00 Q 59,290.00 −Q 609.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5571 – Q 59,899.81
Regency FX Cheapest 8.5340 €0.00 Q 59,738.08 −Q 161.73
Xe 8.4733 €0.00 Q 59,313.10 −Q 586.71
TapTap Send 8.4700 €0.00 Q 59,290.00 −Q 609.81
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Sendwave Cheapest 8.4881 €0.00 Q 59,416.49 –
Xe 8.4733 €0.00 Q 59,313.10 –
TapTap Send 8.4700 €0.00 Q 59,290.00 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5502 – Q 59,851.27
Regency FX Cheapest 8.5271 €0.00 Q 59,689.68 −Q 161.59
Xe 8.4733 €0.00 Q 59,313.10 −Q 538.17
TapTap Send 8.4700 €0.00 Q 59,290.00 −Q 561.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.5107 – Q 59,575.08
Regency FX Cheapest 8.4877 €0.00 Q 59,414.23 −Q 160.85
Xe 8.4337 €0.00 Q 59,035.90 −Q 539.18
TapTap Send 8.4300 €0.00 Q 59,010.00 −Q 565.08

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. There are no bank quotes for this period.

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 GTQ 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 GTQ on every transfer from Germany.

Right now, Regency FX pays 59,414.23 GTQ on 7,000 EUR, which is 160.85 GTQ less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 60,615.41 GTQ.

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 Guatemala.

We've tracked 78 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Regency FXAppeared in 42 comparisons

    Cheapest every time

  2. XeAppeared in 70 comparisons

    Cheapest in 4% of them

  3. TapTap SendAppeared in 73 comparisons

    Cheapest in 11% of them

Based on 78 comparisons across 4 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 Regency FX is the cheapest and gets you the most GTQ, and it was also the cheapest in 100% of the 42 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Guatemala.

Xe (today's second cheapest) was the cheapest in only 4% of its comparisons, so it's rarely the cheapest option for transfers to Guatemala.

Ways to send money from Germany to Guatemala

There are 8 companies for sending money from Germany to Guatemala, across app, online, broker, multi-currency account, global account, and in person, 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 Guatemala gets you 59,035.9 GTQ with a €0 fee and 0.91% markup.

In our comparisons over the past month, it was the cheapest online service on 3 of the 29 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 Guatemala.

For large transfers from Germany

Currency brokers

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

A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/GTQ which gets negotiated the more you send.

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

Our analysis shows Regency FX was the cheapest broker in 100% 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 Guatemala.

Be it overseas suppliers and contractors, receiving GTQ payments, or holding GTQ 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 GTQ in one account.

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

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

The best multi-currency account is Revolut, it adds ~0.85% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 86% of days.

Ways to fund EUR and receive GTQ in Guatemala

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 59,414.23 GTQ.

You can pay for the transfer using debit card, bank transfer, 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 Guatemala.

The recipient in Guatemala can receive GTQ by bank deposit, cash pickup, card deposit, and mobile money.

To receive GTQ 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 Guatemala

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
    Bank transfer Bank deposit

    You pay €7,000.00

    Q59,414

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay €7,000.00

    Q59,036

    -Q378

  3. 3
    Credit card Bank deposit

    You pay €7,000.00

    Q59,036

    -Q378

  4. 4
    Debit card Cash pickup

    You pay €7,000.00

    Q59,010

    -Q404

  5. 5
    Debit card Mobile money

    You pay €7,000.00

    Q59,010

    -Q404

Show moreShow less
  1. 6
    Debit card Card deposit

    You pay €7,000.00

    Q58,652

    -Q762

  2. 7
    Bank transfer Cash pickup

    You pay €7,009.99

    Q58,400

    -Q1,015

  3. 8
    Credit card Cash pickup

    You pay €7,009.99

    Q58,400

    -Q1,015

  4. 9
    iDEAL Bank deposit

    You pay €7,000.00

    Q57,304

    -Q2,110

Things to know before sending money from Germany to Guatemala

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/GTQ transfer options

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

Cheapest way to send money to Guatemala

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 59,414.23 GTQ, which is 0.64% more than the next best option.

Fastest way to send money to Guatemala

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 58,802.74 GTQ 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 GTQ 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 8 of them on EUR to Guatemala, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 78 comparisons across 4 amounts.

This page covers the cheapest and fastest options for EUR/GTQ 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.