How to send money to Germany from India with the best INR-EUR rate
Get the best deals on transfers from India to Germany. Find the cheapest, fastest, and best rated providers with the most competitive INR to EUR exchange rates.
Read on for analysis and insights on the best ways to send money to Germany from India.
"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."
"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."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"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."
"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."
Our recommendation: Wise
We tested & reviewed 2 money transfer providers offering money transfers from India to Germany, and Wise scored highly.
Sending 600,000 INR to EUR will cost you ₹7094.29 in fees, and you will receive 5,614.22 EUR. The delivery time usually is next day, but it depends on the day you make the transfer.
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
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Germany.
Choose a provider
Select the provider that offers you the best value on buying EUR & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
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 2 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: Currencies Direct
Our data shows Currencies Direct is 0.49% cheaper than the second-best option. The company offers a fee of 0 INR and an exchange rate between INR and EUR that is 0.72% different to the mid-market rate.
For a cheap way to send INR to Germany, Currencies Direct is a great all round choice.
Fastest company to send money to Germany from India: Currencies Direct.
For example, if you send 600,000 INR with Currencies Direct to Germany now, the transfer time is minutes - 24 hours. Smaller transfers will likely be quicker, while larger transfers to Germany can take slightly longer.
Sending money through Currencies Direct to Germany from India has a fee of 0 INR.
To understand who was the fastest, we tested Currencies Direct as part of 2 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, Currencies Direct is our recommended choice.
Send large sums of money abroad with Currencies Direct
From the 2 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Germany from India.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Euros to Euro.
As such, we recommend Currencies Direct for large Germany transfers.
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 0.0094 EUR per Indian Rupee.
For reference, the INR-EUR average mid-market rate for the past 7 days has been 0.0095 EUR per Indian Rupee, with a high of 0.0096 and a low of 0.0095.
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 Currencies Direct, cahrging 0 INR per transfer. 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 7 days, the interbank rate from INR to EUR has seen some fluctuation. On average, it has been 0.0095.
During this period, the highest value level was 0.0096, with a low of 0.0095.
Wise, which is our recommended service to send money online from India to Germany offers an exchange rate that is only -0.34% above the mid-market rate.
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Payment methods available to fund your India to Germany transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Germany.
Sending money via a bank transfer with a company such as Currencies Direct for transfers from India to Germany allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Currencies Direct is the best provider for bank transfers of the 2 we tested when sending INR to Germany.
With a fee of INR0 to send money from India to Germany, Currencies Direct offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Germany with a prepaid or a debit card is very simple with .
is a leader in card payments for transfers from India to Germany, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from India to Germany, we to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
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 and review methodology.
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Tools & resources
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