How to send money to Russia from Germany with the best EUR-RUB rate

The exchange rate determines the price you’ll pay for Russian Ruble when you send Euro to Russia.

The current exchange rate between the Euro and Russian Ruble is 84.7972, and it constantly fluctuates.

When calculating the cost of sending money from Germany to Russia, a combination of fees and exchange rates ensure the best deal:

• The Mid-Market and Exchange Rates: The current EUR-RUB mid-market rate is 84.7972 RUB per Euro. Finding a provider as close to this number as possible will ensure more Russian Ruble for your money.

• Fees: Transfer fees are charged on top of a transfer. OFX currently offers the lowest fees of 0 EUR per transfer (based on €7,000 transfer). Although, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The total amount received in Russian Ruble is the biggest indicator in the total cost of sending money to Germany from Russia. The higher the total amount received in Russia, the lower the cost of sending from Germany.

It’s possible that waiting a day or two can help you get more RUB for the same amount of Euro. But, the best way to lock in a price between Germany and Russia is by using a forward contract.

A bank transfer is our recommended option for money transfers between Germany and Russia. OFX offers the best price on a bank transfer.

Here are all the ways to send money from Germany to Russia:

Bank transfers

Bank transfers are often the best payment method for money transfers from Germany to Russia.

A money transfer company like OFX offer bank transfers between Germany and Russia with lower fees and better exchange rates than you would get from a traditional bank.

On average, OFX is the cheapest provider for bank transfers of the 1 we tested when sending EUR to Russia.

Debit and prepaid cards

Sending money from Germany to Russia with a debit or a prepaid card is very simple with .


is a leader in debit card payments for transfers from Germany to Russia, competing among a total of 1 active money transfer companies on this route.

Credit cards

We recommend avoiding credit cards where possible due to a lack of support and high fees.

If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.

Always choose providers that are regulated by financial authorities in both Germany and Russia to ensure funds are protected.

Please refer to our directory of financial regulators worldwide for key regulatory bodies for money transfers between Germany and Russia.

Some services have minimum or maximum thresholds on how much you can transfer from Germany to Russia.

Companies will offer different rates and fees for different transfer amounts. Some companies will become more expensive after certain thresholds are hit.

We’d recommend using OFX if you need to send large amounts of EUR to Russia. The combination of rates and fees when sending to Russia is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Germany, or entering Russia. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive money in Russia. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account. It’s likely not all providers serving transfers from Germany to Russia will offer every method, so it’s best to check ahead of time.

A direct transfer to a bank account is one of the more common ways to transfer from Germany into Russian Ruble. OFX is the best company for bank transfers between Germany and Russia.

And if you need cash right away, check if cash pickup is an option for transfers between Germany and Russia.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like OFX.

When signing up to a money transfer company to send between Germany and Russia, you will need to verify your ID.

The exact documents you need might vary and in some cases you will need more than one.

For the most part, in Germany this will be a government ID like a passport or driver's license. In Russia it will be a similar set of documents, although this should only be needed if you are opening a new account in Russia, or collecting in cash.

Big transactions between Germany and Russia, are subject to additional checks. A provider may ask you for proof of address or may want to know where the money comes from.

We recommend OFX in part due to their easy sign up process in Germany.

When sending large amounts of money between Germany and Russia there will be tax implications to consider.

Some transfers into Russian Ruble may need to be reported to tax authorities in Russia, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances differ in Russia based on age, income and a few other elements. When in doubt, please contact a tax professional in Germany or Russia to discuss your personal circumstances.