How to send money to Hong Kong from Germany with the best EUR-HKD rate

Key Currency is the best and cheapest service overall. On €7,000 you will get 60,886.42 HKD after fees and the exchange rate.

We’ve compared 12 money transfer companies in more detail below.

Best companies for EUR/HKD transfers

12 of 12 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/HKD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €33.88 1 EUR = 8.7201 HKD 0.00% vs mid-market Recipient gets $60,745.33 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€33.881 EUR = 8.7201 HKD
$60,745.33You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 8.6276 HKD +1.06% vs mid-market Recipient gets $60,393.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6276 HKD
$60,393.20You pay€7,000.00

Run a live search

Showing top Germany to Hong Kong deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 8.6981 HKD +0.25% vs mid-market Recipient gets $60,886.42 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 8.6981 HKD
$60,886.42You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 8.6963 HKD +0.27% vs mid-market Recipient gets $60,874.21 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6963 HKD
$60,874.21You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 8.6937 HKD +0.30% vs mid-market Recipient gets $60,855.90 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6937 HKD
$60,855.90You pay€7,000.00

Wise

Pay via Bank transfer
Fee €33.88 1 EUR = 8.7201 HKD 0.00% vs mid-market Recipient gets $60,745.33 Within minutes
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€33.881 EUR = 8.7201 HKD
$60,745.33You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 8.6763 HKD +0.50% vs mid-market Recipient gets $60,733.82 Minutes - 24 hours
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6763 HKD
$60,733.82You pay€7,000.00

Currencies Direct

Pay via Bank transfer
Fee €0.00 1 EUR = 8.6755 HKD +0.51% vs mid-market Recipient gets $60,728.50 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6755 HKD
$60,728.50You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €30.55 1 EUR = 8.7045 HKD +0.18% vs mid-market Recipient gets $60,665.85 Within minutes
Fastest
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€30.551 EUR = 8.7045 HKD
$60,665.85You 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.

CurrencyFair

Pay via Bank transfer
Fee €2.87 1 EUR = 8.6700 HKD +0.57% vs mid-market Recipient gets $60,665.00 Minutes - 24 hours
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€2.871 EUR = 8.6700 HKD
$60,665.00You pay€7,000.00

Wise

Pay via iDEAL
Fee €44.02 1 EUR = 8.7201 HKD 0.00% vs mid-market Recipient gets $60,656.91 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€44.021 EUR = 8.7201 HKD
$60,656.91You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 8.6276 HKD +1.06% vs mid-market Recipient gets $60,393.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6276 HKD
$60,393.20You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 8.6276 HKD +1.06% vs mid-market Recipient gets $60,393.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6276 HKD
$60,393.20You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 8.6276 HKD +1.06% vs mid-market Recipient gets $60,393.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 8.6276 HKD
$60,393.20You pay€7,000.00

Wise

Pay via Debit card
Fee €88.92 1 EUR = 8.7201 HKD 0.00% vs mid-market Recipient gets $60,265.38 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€88.921 EUR = 8.7201 HKD
$60,265.38You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 8.5978 HKD +1.40% vs mid-market Recipient gets $60,184.47 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 8.5978 HKD
$60,184.47You pay€7,000.00

Deutsche Bank

Pay via Bank transfer
Fee €37.05 1 EUR = 8.6069 HKD +1.30% vs mid-market Recipient gets $59,929.58 Minutes - 5 days
0 reviews

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
€37.051 EUR = 8.6069 HKD
$59,929.58You pay€7,000.00

Wise

Pay via Credit card
Fee €130.96 1 EUR = 8.7201 HKD 0.00% vs mid-market Recipient gets $59,898.78 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€130.961 EUR = 8.7201 HKD
$59,898.78You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 8.4165 HKD +3.54% vs mid-market Recipient gets $58,915.50 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 8.4165 HKD
$58,915.50You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 8.4165 HKD +3.54% vs mid-market Recipient gets $58,915.50 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 8.4165 HKD
$58,915.50You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 8.4165 HKD +3.54% vs mid-market Recipient gets $58,915.50 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€9.991 EUR = 8.4165 HKD
$58,915.50You pay€7,009.99
How Our Results Work
Mid-market rate: 1 EUR = 8.7199 HKD Updates every 60 minutes.

How to send money from Germany to Hong Kong

Pick a company

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

Key Currency was the cheapest on 29 of the 29 days it quoted €7,000 transfers to Hong Kong.

On a 7,000 EUR transfer, Key Currency delivers the most HKD.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/HKD 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 Hong Kong?

How much EUR you send to Hong Kong 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 Key Currency was the cheapest in 100% of the transfers from €7,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
€1,0000.17%€0.55$8,704.25with bank transfer to bank deposit+$110.62
€5,0000.30%€0.00$43,482.36with bank transfer to bank deposit+$531.71
€7,000This page0.25%€0.00$60,886.42with bank transfer to bank deposit+$622.41
€50,0000.20%€0.00$435,467.67with bank transfer to bank deposit+$4,183.28

Mid-market rate: 1 EUR = 8.7199 HKD

EUR/HKD Exchange Rate History

Is today a good time to send money from Germany to Hong Kong?

The cheapest way to send EUR to HKD 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 Key Currency), across 30 days of comparisons for 7,000 EUR transfers to Hong Kong.

HKD received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate$61,039.01 Key Currency $60,886.42 Deutsche Bank $59,929.58Key Currency$60,886.42Regency FX$60,874.21TorFx$60,855.90Extra cost of a bank$956.84

59.500
60.000
60.500
61.000
61.500
62.000
62.500
63.000
At the mid-market rateWith the cheapest optionWith a bankKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.9134 – $62,394.10
Key Currency Cheapest 8.8912 €0.00 $62,238.12 −$155.98
Regency FX 8.8894 €0.00 $62,225.64 −$168.46
TorFx 8.8867 €0.00 $62,206.92 −$187.18
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.9060 – $62,341.96
Key Currency Cheapest 8.8837 €0.00 $62,186.10 −$155.86
Regency FX 8.8819 €0.00 $62,173.63 −$168.33
TorFx 8.8793 €0.00 $62,154.93 −$187.03
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8789 – $62,152.50
Key Currency Cheapest 8.8567 €0.00 $61,997.12 −$155.38
Regency FX 8.8550 €0.00 $61,984.69 −$167.81
TorFx 8.8523 €0.00 $61,966.05 −$186.45
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8342 – $61,839.12
Key Currency Cheapest 8.8121 €0.00 $61,684.52 −$154.60
Regency FX 8.8103 €0.00 $61,672.15 −$166.97
TorFx 8.8077 €0.00 $61,653.60 −$185.52
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8357 – $61,850.05
Key Currency Cheapest 8.8136 €0.00 $61,695.43 −$154.62
Regency FX 8.8119 €0.00 $61,683.06 −$166.99
TorFx 8.8092 €0.00 $61,664.50 −$185.55
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8357 – $61,849.69
Key Currency Cheapest 8.8136 €0.00 $61,695.07 −$154.62
Regency FX 8.8118 €0.00 $61,682.70 −$166.99
TorFx 8.8092 €0.00 $61,664.14 −$185.55
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7779 – $61,445.09
Key Currency Cheapest 8.7559 €0.00 $61,291.48 −$153.61
Regency FX 8.7542 €0.00 $61,279.19 −$165.90
TorFx 8.7515 €0.00 $61,260.75 −$184.34
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7973 – $61,580.90
Key Currency Cheapest 8.7753 €0.00 $61,426.94 −$153.96
Regency FX 8.7735 €0.00 $61,414.63 −$166.27
TorFx 8.7709 €0.00 $61,396.15 −$184.75
Deutsche Bank 8.6633 €37.05 $60,322.43 −$1,258.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8106 – $61,673.94
Key Currency Cheapest 8.7885 €0.00 $61,519.76 −$154.18
Regency FX 8.7868 €0.00 $61,507.42 −$166.52
TorFx 8.7841 €0.00 $61,488.92 −$185.02
Deutsche Bank 8.6633 €37.05 $60,322.43 −$1,351.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7858 – $61,500.73
Key Currency Cheapest 8.7639 €0.00 $61,346.98 −$153.75
Regency FX 8.7621 €0.00 $61,334.68 −$166.05
TorFx 8.7595 €0.00 $61,316.23 −$184.50
Deutsche Bank 8.6531 €37.05 $60,251.12 −$1,249.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8084 – $61,658.67
Key Currency Cheapest 8.7864 €0.00 $61,504.53 −$154.14
Regency FX 8.7846 €0.00 $61,492.20 −$166.47
TorFx 8.7820 €0.00 $61,473.70 −$184.97
Deutsche Bank 8.6531 €37.05 $60,251.12 −$1,407.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7938 – $61,556.61
Key Currency Cheapest 8.7718 €0.00 $61,402.72 −$153.89
Regency FX 8.7701 €0.00 $61,390.41 −$166.20
TorFx 8.7674 €0.00 $61,371.94 −$184.67
Deutsche Bank 8.6522 €37.05 $60,244.84 −$1,311.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7938 – $61,556.61
Key Currency Cheapest 8.7718 €0.00 $61,402.72 −$153.89
Regency FX 8.7701 €0.00 $61,390.41 −$166.20
TorFx 8.7674 €0.00 $61,371.94 −$184.67
Deutsche Bank 8.6522 €37.05 $60,244.84 −$1,311.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7968 – $61,577.61
Key Currency Cheapest 8.7748 €0.00 $61,423.66 −$153.95
Regency FX 8.7730 €0.00 $61,411.35 −$166.26
TorFx 8.7704 €0.00 $61,392.87 −$184.74
Deutsche Bank 8.6585 €37.05 $60,288.63 −$1,288.98
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7763 – $61,433.83
Key Currency Cheapest 8.7543 €0.00 $61,280.25 −$153.58
Regency FX 8.7526 €0.00 $61,267.96 −$165.87
TorFx 8.7499 €0.00 $61,249.53 −$184.30
Deutsche Bank 8.6227 €37.05 $60,039.65 −$1,394.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7958 – $61,570.44
Key Currency Cheapest 8.7738 €0.00 $61,416.51 −$153.93
Regency FX 8.7720 €0.00 $61,404.20 −$166.24
TorFx 8.7694 €0.00 $61,385.73 −$184.71
Deutsche Bank 8.6589 €37.05 $60,291.55 −$1,278.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7951 – $61,565.66
Key Currency Cheapest 8.7731 €0.00 $61,411.74 −$153.92
Regency FX 8.7713 €0.00 $61,399.43 −$166.23
TorFx 8.7687 €0.00 $61,380.96 −$184.70
Deutsche Bank 8.6589 €37.05 $60,291.55 −$1,274.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8193 – $61,735.44
Key Currency Cheapest 8.7973 €0.00 $61,581.10 −$154.34
Regency FX 8.7955 €0.00 $61,568.76 −$166.68
TorFx 8.7929 €0.00 $61,550.24 −$185.20
Deutsche Bank 8.6187 €37.05 $60,011.62 −$1,723.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8195 – $61,736.82
Key Currency Cheapest 8.7975 €0.00 $61,582.48 −$154.34
Regency FX 8.7957 €0.00 $61,570.13 −$166.69
TorFx 8.7931 €0.00 $61,551.61 −$185.21
Deutsche Bank 8.6838 €37.05 $60,464.87 −$1,271.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8191 – $61,733.68
Wise Cheapest 8.8199 €33.88 $61,440.62 −$293.06
Deutsche Bank 8.6838 €37.05 $60,464.87 −$1,268.81
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8082 – $61,657.67
Key Currency Cheapest 8.7862 €0.00 $61,503.52 −$154.15
Regency FX 8.7845 €0.00 $61,491.19 −$166.48
TorFx 8.7818 €0.00 $61,472.69 −$184.98
Deutsche Bank 8.6832 €37.05 $60,461.02 −$1,196.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8114 – $61,679.74
Key Currency Cheapest 8.7894 €0.00 $61,525.54 −$154.20
Regency FX 8.7876 €0.00 $61,513.20 −$166.54
TorFx 8.7850 €0.00 $61,494.70 −$185.04
Deutsche Bank 8.6832 €37.05 $60,461.02 −$1,218.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8043 – $61,629.85
Key Currency Cheapest 8.7823 €0.00 $61,475.78 −$154.07
Regency FX 8.7805 €0.00 $61,463.45 −$166.40
TorFx 8.7779 €0.00 $61,444.97 −$184.88
Deutsche Bank 8.6832 €37.05 $60,460.68 −$1,169.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.8189 – $61,732.38
Key Currency Cheapest 8.7969 €0.00 $61,578.05 −$154.33
Regency FX 8.7951 €0.00 $61,565.71 −$166.67
TorFx 8.7925 €0.00 $61,547.19 −$185.19
Deutsche Bank 8.6690 €37.05 $60,361.95 −$1,370.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7909 – $61,536.43
Key Currency Cheapest 8.7689 €0.00 $61,382.59 −$153.84
Regency FX 8.7672 €0.00 $61,370.28 −$166.15
TorFx 8.7645 €0.00 $61,351.82 −$184.61
Deutsche Bank 8.6690 €37.05 $60,361.95 −$1,174.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7853 – $61,496.89
Key Currency Cheapest 8.7633 €0.00 $61,343.15 −$153.74
Regency FX 8.7615 €0.00 $61,330.85 −$166.04
TorFx 8.7589 €0.00 $61,312.40 −$184.49
Deutsche Bank 8.6514 €37.05 $60,239.27 −$1,257.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7853 – $61,496.89
Key Currency Cheapest 8.7633 €0.00 $61,343.15 −$153.74
Regency FX 8.7615 €0.00 $61,330.85 −$166.04
TorFx 8.7589 €0.00 $61,312.40 −$184.49
Deutsche Bank 8.6514 €37.05 $60,239.27 −$1,257.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7969 – $61,578.60
Key Currency Cheapest 8.7750 €0.00 $61,424.65 −$153.95
Regency FX 8.7732 €0.00 $61,412.34 −$166.26
TorFx 8.7706 €0.00 $61,393.87 −$184.73
Deutsche Bank 8.6527 €37.05 $60,248.44 −$1,330.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7520 – $61,264.14
Key Currency Cheapest 8.7301 €0.00 $61,110.98 −$153.16
Regency FX 8.7284 €0.00 $61,098.73 −$165.41
TorFx 8.7258 €0.00 $61,080.35 −$183.79
Deutsche Bank 8.6396 €37.05 $60,157.28 −$1,106.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 8.7199 – $61,039.01
Key Currency Cheapest 8.6981 €0.00 $60,886.42 −$152.59
Regency FX 8.6963 €0.00 $60,874.21 −$164.80
TorFx 8.6937 €0.00 $60,855.90 −$183.11
Deutsche Bank 8.6069 €37.05 $59,929.58 −$1,109.43

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 HKD 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 HKD on every transfer from Germany.

Right now, Key Currency pays 60,886.42 HKD on 7,000 EUR, which is 152.59 HKD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 62,238.12 HKD.

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 Hong Kong.

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

  1. Key CurrencyAppeared in 44 comparisons

    Cheapest every time

  2. Regency FXAppeared in 44 comparisons

    Never the cheapest

  3. TorFxAppeared in 60 comparisons

    Cheapest in 27% of them

  4. Deutsche BankAppeared in 70 comparisons

    Never the cheapest

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 Key Currency is the cheapest and gets you the most HKD, and it was also the cheapest in 100% of the 44 comparisons it appeared in over the past month.

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

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Hong Kong.

Ways to send money from Germany to Hong Kong

There are 12 companies for sending money from Germany to Hong Kong, across broker, online, app, 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 Wise to Hong Kong gets you 60,745.33 HKD with a €33.88 fee and 0% markup.

In our comparisons over the past month, it was the cheapest online service on 30 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 97% of days in the past month.

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

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 59,929.58 HKD vs 60,886.42 HKD with Key Currency.

We found Deutsche Bank was the cheapest bank on 23 of the 23 days it appeared for this amount.

For large transfers from Germany

Currency brokers

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

A broker like Key Currency charges no fee and works on a margin. It adds 0.25% on EUR/HKD which gets negotiated the more you send.

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

Our analysis shows Key Currency 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 Hong Kong.

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

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

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

The best multi-currency account is Wise, it adds ~0% 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 HKD in Hong Kong

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 60,886.42 HKD.

Our data shows that Key Currency gets your recipient 956.84 HKD 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 Hong Kong.

The recipient in Hong Kong can receive HKD by bank deposit and cash pickup.

To receive HKD 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 Hong Kong

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

    HK$60,886

    Cheapest

  2. 2
    iDEAL Bank deposit

    You pay €7,000.00

    HK$60,657

    -HK$230

  3. 3
    Debit card Bank deposit

    You pay €7,000.00

    HK$60,393

    -HK$493

  4. 4
    Credit card Bank deposit

    You pay €7,000.00

    HK$60,393

    -HK$493

  5. 5
    Bank transfer Cash pickup

    You pay €7,009.99

    HK$58,916

    -HK$1,971

Show moreShow less
  1. 6
    Debit card Cash pickup

    You pay €7,009.99

    HK$58,916

    -HK$1,971

  2. 7
    Credit card Cash pickup

    You pay €7,009.99

    HK$58,916

    -HK$1,971

Things to know before sending money from Germany to Hong Kong

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/HKD transfer options

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

Cheapest way to send money to Hong Kong

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 60,886.42 HKD, which is 0.02% more than the next best option.

Fastest way to send money to Hong Kong

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 60,665.85 HKD 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 HKD 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 12 of them on EUR to Hong Kong, 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/HKD 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.