Companies for transfers from India to Germany
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Our recommendation: Wise
We tested & reviewed 10 money transfer providers offering money transfers from India to Germany, and Wise scored highly.
In total, Wise appeared in 62.6% of India to Germany searches, and was the top rated company supporting transfers between INR and EUR.
For a great mix of cost, speed & features, we recommend making your India to Germany transfer using Wise.
How to get the best deal on sending money from India to Germany
Get the most from sending money from India to Germany
Comparing providers offering services between India and Germany based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire INR-EUR market and have compared 10 providers offering services between India and Germany.
This ensures you will get the most comprehensive options for sending Indian Rupee to Germany.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific India to Germany transfer needs.
Cheapest way to transfer money from India to Germany: Instarem
Our data shows Instarem is 1.6% cheaper than the second-best option. The company offers an average fee of 1,600* INR and an average exchange rate between INR and EUR that is 0.85% different to the mid-market rate.
For a cheap way to send INR to Germany, Instarem is a great all round choice.
*The most common fee applied to INR-EUR by Instarem, based on data from the past six months.
Fastest company to send money to Germany from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Euro 37% of the time.
Sending money through Ria Money Transfer to Germany from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 10 money transfer providers. Within this, we looked at the overall speed of sending money from India to Germany. This was made up of transfer times to Germany after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Germany are a priority, Ria Money Transfer is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 10 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Euro to Euro.
As such, opt for Wise for sending large sums of money to Germany from India.
Understanding the costs involved when transferring money from India to Germany
When calculating the costs of money transfers between India and Germany, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the INR-EUR mid-market rate equals 0.0113 EUR per Indian Rupee.
For reference, the INR-EUR average mid-market rate for the past three months has been 0.0109 EUR per Indian Rupee, with a high of 0.0114 and a low of 0.0106.
The company offering the best exchange rate is Wise.
Often the INR-EUR exchange rate you receive is the bigger factor than how much it costs to send Indian Rupees to Germany.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Instarem, averaging 1,600 INR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from India to Germany. Essentially, the more the recipient receives in Germany, the less it is costing to send from India.
Getting the best exchange rate for Indian Rupee to Euro
Tracking the mid-market rate can make a huge difference when sending money INR to EUR. The exchange rate you secure impacts how much EUR you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to EUR has seen some fluctuation. On average, it has been 0.0109.
During this period, the highest value level was 0.0114, with a low of 0.0106.
Wise, which is our recommended service to send money online from India to Germany offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your India to Germany transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Germany and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Germany.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.