How to send money to Uganda from Germany with the best EUR-UGX rate

Xe is the best and cheapest service overall. On €7,000 you will get 34,592,460 UGX after fees and the exchange rate.

We’ve compared 6 money transfer companies in more detail below.

Best companies for EUR/UGX transfers

6 of 6 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/UGX transfers

Sort Cheapest
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 4941.7800 UGX -1.19% vs mid-market Recipient gets UGX 34,592,460.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 4941.7800 UGX
UGX 34,592,460.00You pay€7,000.00
Promoted

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 4871.1380 UGX +0.25% vs mid-market Recipient gets UGX 34,097,965.69 Minutes - 3 days
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 4871.1380 UGX
UGX 34,097,965.69You pay€7,000.00

Run a live search

Showing top Germany to Uganda 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 = 4941.7800 UGX -1.19% vs mid-market Recipient gets UGX 34,592,460.00 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 4941.7800 UGX
UGX 34,592,460.00You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 4941.7800 UGX -1.19% vs mid-market Recipient gets UGX 34,592,460.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 4941.7800 UGX
UGX 34,592,460.00You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 4941.7800 UGX -1.19% vs mid-market Recipient gets UGX 34,592,460.00 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 4941.7800 UGX
UGX 34,592,460.00You pay€7,000.00
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 4871.1380 UGX +0.25% vs mid-market Recipient gets UGX 34,097,965.69 Minutes - 3 days
Recommended
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 4871.1380 UGX
UGX 34,097,965.69You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 4870.1613 UGX +0.27% vs mid-market Recipient gets UGX 34,091,129.01 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 4870.1613 UGX
UGX 34,091,129.01You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 4850.0000 UGX +0.69% vs mid-market Recipient gets UGX 33,950,000.00 Minutes
Fastest
Receive to bank account

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

MethodFee & ratesRecipient gets
Mobile moneyMinutesAvailable via:Airtel, MTN
Free1 EUR = 4850.0000 UGX
UGX 33,950,000.00You pay€7,000.00
Only available via Mobile App

Sendwave

Pay via Debit card
Fee €0.99 1 EUR = 4828.2415 UGX +1.13% vs mid-market Recipient gets UGX 33,792,910.26 Minutes - 3 days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 3 days
€0.991 EUR = 4828.2415 UGX
UGX 33,792,910.26You pay€7,000.00
Bank depositMinutes - 3 days
€0.991 EUR = 4828.2415 UGX
UGX 33,792,910.26You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €3.99 1 EUR = 4801.7260 UGX +1.69% vs mid-market Recipient gets UGX 33,612,082.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€3.991 EUR = 4801.7260 UGX
UGX 33,612,082.00You pay€7,003.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€0.991 EUR = 4757.5238 UGX
UGX 33,302,666.60You pay€7,000.99
Bank depositMinutes - 24 hoursAvailable via:Select Banks
€3.991 EUR = 4743.5751 UGX
UGX 33,205,025.70You pay€7,003.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €3.99 1 EUR = 4801.7260 UGX +1.69% vs mid-market Recipient gets UGX 33,612,082.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€3.991 EUR = 4801.7260 UGX
UGX 33,612,082.00You pay€7,003.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€0.991 EUR = 4757.5238 UGX
UGX 33,302,666.60You pay€7,000.99
Bank depositMinutes - 24 hoursAvailable via:Select Banks
€3.991 EUR = 4743.5751 UGX
UGX 33,205,025.70You pay€7,003.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €3.99 1 EUR = 4801.7260 UGX +1.69% vs mid-market Recipient gets UGX 33,612,082.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€3.991 EUR = 4801.7260 UGX
UGX 33,612,082.00You pay€7,003.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
€0.991 EUR = 4757.5238 UGX
UGX 33,302,666.60You pay€7,000.99
Bank depositMinutes - 24 hoursAvailable via:Select Banks
€3.991 EUR = 4743.5751 UGX
UGX 33,205,025.70You pay€7,003.99
How Our Results Work
Mid-market rate: 1 EUR = 4883.3463 UGX Updates every 60 minutes.

How to send money from Germany to Uganda

Pick a company

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

Xe was the cheapest on 2 of the 28 days it quoted €7,000 transfers to Uganda.

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

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

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

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 Uganda?

How much EUR you send to Uganda 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 5% of the transfers from €7,000 it quoted, and in 5% of all the transfers it quoted.

Cheapest service
€1,000-1.62%€0.00UGX 4,965,410.00with debit card to bank deposit+UGX 97,883.54
€5,000-1.16%€0.00UGX 24,708,900.00with debit card to bank deposit+UGX 490,051.98
€7,000This page-1.19%€0.00UGX 34,592,460.00with debit card to bank deposit+UGX 537,896.90
€50,0000.20%€0.00UGX 243,903,152.13with bank transfer to bank deposit+UGX 3,350,151.21

Mid-market rate: 1 EUR = 4883.3463 UGX

EUR/UGX Exchange Rate History

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

The cheapest way to send EUR to UGX 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 Uganda.

UGX received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateUGX 34,183,424.25 Xe UGX 34,592,460.00XeUGX 34,592,460.00Key CurrencyUGX 34,097,965.69Regency FXUGX 34,091,129.01

30M
31M
32M
33M
34M
35M
36M
At the mid-market rateWith the cheapest optionXeKey CurrencyRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate 4450.5266 – UGX 31,153,686.19
Key Currency Cheapest 4439.4003 €0.00 UGX 31,075,801.98 −UGX 77,884.21
Regency FX 4438.5102 €0.00 UGX 31,069,571.24 −UGX 84,114.95
Xe 4392.5100 €0.00 UGX 30,747,570.00 −UGX 406,116.19
Exchange rateFeeRecipient getsDifference
Mid-market rate 4453.7091 – UGX 31,175,963.57
Key Currency Cheapest 4442.5748 €0.00 UGX 31,098,023.67 −UGX 77,939.90
Regency FX 4441.6841 €0.00 UGX 31,091,788.47 −UGX 84,175.10
Xe 4379.2100 €0.00 UGX 30,654,470.00 −UGX 521,493.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 4446.0035 – UGX 31,122,024.16
Key Currency Cheapest 4434.8884 €0.00 UGX 31,044,219.10 −UGX 77,805.06
Regency FX 4433.9992 €0.00 UGX 31,037,994.70 −UGX 84,029.46
Xe 4372.3900 €0.00 UGX 30,606,730.00 −UGX 515,294.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 4493.6708 – UGX 31,455,695.62
Key Currency Cheapest 4482.4366 €0.00 UGX 31,377,056.38 −UGX 78,639.24
Regency FX 4481.5379 €0.00 UGX 31,370,765.24 −UGX 84,930.38
Xe 4348.7800 €0.00 UGX 30,441,460.00 −UGX 1,014,235.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 4492.0181 – UGX 31,444,126.57
Key Currency Cheapest 4480.7880 €0.00 UGX 31,365,516.25 −UGX 78,610.32
Regency FX 4479.8896 €0.00 UGX 31,359,227.43 −UGX 84,899.14
Xe 4401.4200 €0.00 UGX 30,809,940.00 −UGX 634,186.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 4482.9419 – UGX 31,380,593.21
Key Currency Cheapest 4471.7345 €0.00 UGX 31,302,141.73 −UGX 78,451.48
Regency FX 4470.8379 €0.00 UGX 31,295,865.61 −UGX 84,727.60
Xe 4401.4200 €0.00 UGX 30,809,940.00 −UGX 570,653.21
Exchange rateFeeRecipient getsDifference
Mid-market rate 4460.3534 – UGX 31,222,474.12
Key Currency Cheapest 4449.2026 €0.00 UGX 31,144,417.94 −UGX 78,056.18
Regency FX 4448.3105 €0.00 UGX 31,138,173.44 −UGX 84,300.68
Xe 4372.0800 €0.00 UGX 30,604,560.00 −UGX 617,914.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 4496.7880 – UGX 31,477,515.95
Key Currency Cheapest 4485.5460 €0.00 UGX 31,398,822.16 −UGX 78,693.79
Regency FX 4484.6467 €0.00 UGX 31,392,526.66 −UGX 84,989.29
Xe 4412.9900 €0.00 UGX 30,890,930.00 −UGX 586,585.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 4527.1145 – UGX 31,689,801.83
Key Currency Cheapest 4515.7968 €0.00 UGX 31,610,577.32 −UGX 79,224.51
Regency FX 4514.8913 €0.00 UGX 31,604,239.36 −UGX 85,562.47
Xe 4461.2400 €0.00 UGX 31,228,680.00 −UGX 461,121.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 4558.6850 – UGX 31,910,794.92
Key Currency Cheapest 4547.2883 €0.00 UGX 31,831,017.93 −UGX 79,776.99
Regency FX 4546.3765 €0.00 UGX 31,824,635.77 −UGX 86,159.15
Xe 4488.5000 €0.00 UGX 31,419,500.00 −UGX 491,294.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 4582.3392 – UGX 32,076,374.08
Key Currency Cheapest 4570.8833 €0.00 UGX 31,996,183.14 −UGX 80,190.94
Regency FX 4569.9668 €0.00 UGX 31,989,767.87 −UGX 86,606.21
Xe No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4581.1929 – UGX 32,068,350.29
Key Currency Cheapest 4569.7399 €0.00 UGX 31,988,179.41 −UGX 80,170.88
Regency FX 4568.8237 €0.00 UGX 31,981,765.74 −UGX 86,584.55
Xe 4513.6000 €0.00 UGX 31,595,200.00 −UGX 473,150.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 4581.1929 – UGX 32,068,350.29
Key Currency Cheapest 4569.7399 €0.00 UGX 31,988,179.41 −UGX 80,170.88
Regency FX 4568.8237 €0.00 UGX 31,981,765.74 −UGX 86,584.55
Xe 4513.6000 €0.00 UGX 31,595,200.00 −UGX 473,150.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 4580.6213 – UGX 32,064,349.09
Key Currency Cheapest 4569.1697 €0.00 UGX 31,984,188.22 −UGX 80,160.87
Regency FX 4568.2536 €0.00 UGX 31,977,775.35 −UGX 86,573.74
Xe 4513.6000 €0.00 UGX 31,595,200.00 −UGX 469,149.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 4627.6450 – UGX 32,393,514.89
Key Currency Cheapest 4616.0759 €0.00 UGX 32,312,531.10 −UGX 80,983.79
Regency FX 4615.1503 €0.00 UGX 32,306,052.40 −UGX 87,462.49
Xe 4501.5100 €0.00 UGX 31,510,570.00 −UGX 882,944.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 4631.5060 – UGX 32,420,541.97
Key Currency Cheapest 4619.9272 €0.00 UGX 32,339,490.61 −UGX 81,051.36
Regency FX 4619.0009 €0.00 UGX 32,333,006.50 −UGX 87,535.47
Xe 4580.6800 €0.00 UGX 32,064,760.00 −UGX 355,781.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 4525.2587 – UGX 31,676,810.58
Xe Cheapest 4560.9400 €0.00 UGX 31,926,580.00 +UGX 249,769.42
Key Currency 4513.9455 €0.00 UGX 31,597,618.55 −UGX 79,192.03
Regency FX 4513.0405 €0.00 UGX 31,591,283.19 −UGX 85,527.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 4523.3544 – UGX 31,663,480.49
Key Currency Cheapest 4512.0460 €0.00 UGX 31,584,321.79 −UGX 79,158.70
Regency FX 4511.1413 €0.00 UGX 31,577,989.09 −UGX 85,491.40
Xe 4373.6800 €0.00 UGX 30,615,760.00 −UGX 1,047,720.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 4648.2072 – UGX 32,537,450.40
Key Currency Cheapest 4636.5867 €0.00 UGX 32,456,106.77 −UGX 81,343.63
Regency FX 4635.6570 €0.00 UGX 32,449,599.28 −UGX 87,851.12
Xe 4489.3000 €0.00 UGX 31,425,100.00 −UGX 1,112,350.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 4648.2072 – UGX 32,537,450.40
Paysend Cheapest 4607.5081 €0.00 UGX 32,252,556.92 −UGX 284,893.48
Xe No quote collected this day – – – –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4650.8324 – UGX 32,555,826.98
Key Currency Cheapest 4639.2053 €0.00 UGX 32,474,437.41 −UGX 81,389.57
Regency FX 4638.2752 €0.00 UGX 32,467,926.25 −UGX 87,900.73
Xe 4489.3000 €0.00 UGX 31,425,100.00 −UGX 1,130,726.98
Exchange rateFeeRecipient getsDifference
Mid-market rate 4670.8993 – UGX 32,696,295.18
Key Currency Cheapest 4659.2221 €0.00 UGX 32,614,554.45 −UGX 81,740.73
Regency FX 4658.2879 €0.00 UGX 32,608,015.19 −UGX 88,279.99
Xe 4576.1800 €0.00 UGX 32,033,260.00 −UGX 663,035.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 4670.1658 – UGX 32,691,160.47
Key Currency Cheapest 4658.4904 €0.00 UGX 32,609,432.57 −UGX 81,727.90
Regency FX 4657.5563 €0.00 UGX 32,602,894.33 −UGX 88,266.14
Xe 4598.4900 €0.00 UGX 32,189,430.00 −UGX 501,730.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 4729.2898 – UGX 33,105,028.72
Key Currency Cheapest 4717.4666 €0.00 UGX 33,022,266.15 −UGX 82,762.57
Regency FX 4716.5207 €0.00 UGX 33,015,645.14 −UGX 89,383.58
Xe 4625.5700 €0.00 UGX 32,378,990.00 −UGX 726,038.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 4801.5150 – UGX 33,610,604.93
Key Currency Cheapest 4789.5112 €0.00 UGX 33,526,578.42 −UGX 84,026.51
Regency FX 4788.5509 €0.00 UGX 33,519,856.30 −UGX 90,748.63
Xe 4653.2300 €0.00 UGX 32,572,610.00 −UGX 1,037,994.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 4931.4906 – UGX 34,520,433.94
Key Currency Cheapest 4919.1618 €0.00 UGX 34,434,132.86 −UGX 86,301.08
Regency FX 4918.1755 €0.00 UGX 34,427,228.77 −UGX 93,205.17
Xe 4648.6500 €0.00 UGX 32,540,550.00 −UGX 1,979,883.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 4931.4906 – UGX 34,520,433.94
Key Currency Cheapest 4919.1618 €0.00 UGX 34,434,132.86 −UGX 86,301.08
Regency FX 4918.1755 €0.00 UGX 34,427,228.77 −UGX 93,205.17
Xe 4648.6500 €0.00 UGX 32,540,550.00 −UGX 1,979,883.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 4929.8954 – UGX 34,509,268.05
Key Currency Cheapest 4917.5707 €0.00 UGX 34,422,994.88 −UGX 86,273.17
Regency FX 4916.5847 €0.00 UGX 34,416,093.03 −UGX 93,175.02
Xe 4648.6500 €0.00 UGX 32,540,550.00 −UGX 1,968,718.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 5009.8799 – UGX 35,069,159.38
Key Currency Cheapest 4997.3552 €0.00 UGX 34,981,486.49 −UGX 87,672.89
Regency FX 4996.3532 €0.00 UGX 34,974,472.65 −UGX 94,686.73
Xe 4902.3800 €0.00 UGX 34,316,660.00 −UGX 752,499.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 4883.3463 – UGX 34,183,424.25
Xe Cheapest 4941.7800 €0.00 UGX 34,592,460.00 +UGX 409,035.75
Key Currency 4871.1380 €0.00 UGX 34,097,965.69 −UGX 85,458.56
Regency FX 4870.1613 €0.00 UGX 34,091,129.01 −UGX 92,295.24

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 UGX per EUR than the mid-market rate can offer.

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

In the past month, a money transfer company beat the mid-market rate on 2 of the last 30 days.

Right now, Xe pays 34,592,460 UGX on 7,000 EUR, which is 409,035.75 UGX more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 34,981,486.49 UGX.

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.

If you need to send money now, it's a good time to send.

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 Uganda.

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

  1. XeAppeared in 75 comparisons

    Cheapest in 5% of them

  2. Key CurrencyAppeared in 45 comparisons

    Cheapest in 91% of them

  3. Regency FXAppeared in 45 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 Xe is the cheapest and gets you the most UGX, but it was the cheapest in only 5% of the 75 comparisons it appeared in over the past month.

Key Currency (today's second cheapest) was the cheapest in 91% of its comparisons, so if you send money to Uganda regularly, it's worth comparing it with Xe before each transfer.

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

Ways to send money from Germany to Uganda

There are 6 companies for sending money from Germany to Uganda, across app, broker, online, 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 Uganda gets you 34,592,460 UGX with a €0 fee and -1.19% markup.

In our comparisons over the past month, it was the cheapest online service on 2 of the 28 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 Uganda.

For large transfers from Germany

Currency brokers

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

A broker like Xe charges no fee and works on a margin. It adds -1.19% on EUR/UGX 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 5% 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 Uganda.

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

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

Ways to fund EUR and receive UGX in Uganda

With Xe, paying by debit card and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 34,592,460 UGX.

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

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 Uganda.

The recipient in Uganda can receive UGX by bank deposit, mobile money, cash pickup, and mobile wallet.

To receive UGX 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 Uganda

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

    USh34,592,460

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay €7,000.00

    USh34,592,460

    USh0

  3. 3
    Credit card Bank deposit

    You pay €7,000.00

    USh34,592,460

    USh0

  4. 4
    Debit card Mobile money

    You pay €7,000.00

    USh33,950,000

    -USh642,460

  5. 5
    Debit card Cash pickup

    You pay €7,003.99

    USh33,612,082

    -USh980,378

Show moreShow less
  1. 6
    Bank transfer Cash pickup

    You pay €7,003.99

    USh33,612,082

    -USh980,378

  2. 7
    Credit card Cash pickup

    You pay €7,003.99

    USh33,612,082

    -USh980,378

  3. 8
    Debit card Mobile wallet

    You pay €7,000.99

    USh33,302,667

    -USh1,289,793

  4. 9
    Bank transfer Mobile wallet

    You pay €7,000.99

    USh33,302,667

    -USh1,289,793

  5. 10
    Credit card Mobile wallet

    You pay €7,000.99

    USh33,302,667

    -USh1,289,793

Things to know before sending money from Germany to Uganda

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/UGX transfer options

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

Cheapest way to send money to Uganda

The cheapest option is Xe, funded by debit card with bank deposit for the payout. Your recipient gets 34,592,460 UGX, which is 1.43% more than the next best option.

Fastest way to send money to Uganda

The fastest option is TapTap Send. Pay by debit card and choose mobile money for the payout. Your recipient gets 33,950,000 UGX in 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 UGX 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 6 of them on EUR to Uganda, 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/UGX 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.