MoneyTransfers

How to Send Money from Germany to United States

Make fast, low cost transfers from Germany to United States with the best exchange rates.

Read on to find the best providers, top tips, and everything you need to transfer money from Germany to United States.

Sarah Edwards
Author 
Sarah Edwards
Sharon Bahravi
Editor 
Sharon Bahravi
6 minutes
February 16th, 2024
Disclosure

Ways to send money from Germany to United States

The best rated provider for transfers from Germany to United States

TorFx

Total number of EUR - USD providers

17

Average cheapest provider for transfers to United States from Germany

Instarem

Average cost of the cheapest transfer from Germany to United States

€158.22

Best for bank transfers from Germany to United States

TorFx

Best for debit card transfers from Germany to United States

Instarem

Best for credit card transfers from Germany to United States

Wise

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from Germany to United States

Instarem is the best way to send money to United States from Germany. This is based on cost, speed, and how easy it is to use.

We analyzed 17 providers that allow EUR to USD transfers. Instarem emerged as the best option in 44.6% of searches.

How to send money from Germany to United States

Follow these steps to send money between Germany and United States

  1. Choose your provider. Register with the provider of your choice by clicking on the link above.

  2. Enter your details. Enter your details and provide any of the documents needed.

  3. Start your transfer. Tell your provider that you'd like to send money from Germany to United States, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.

  4. Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from Germany to United States once it's been sent. Make sure all the details are correct before you submit.

  5. Send the money. When you've checked the details, you can make the transfer.

The cheapest way to send money from Germany to United States

The cheapest way to send money from Germany to United States is Instarem. On average, transfers from Germany to United States with Instarem cost €158.22, making them cheaper than their nearest competitor.

Instarem has been the cheapest way to send money from Germany to United States for the last three months, on average.

Just to make you aware, bankTransfer was the cheapest payment method.

The current mid-market rate between EUR and USD is 1.088892. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.

Note: The cheapest way to send money isn't always the fastest

Instarem is the cheapest way to send money from Germany to United States, but make sure the timeframes work for you.

How the cost of sending money to United States from Germany is calculated

The cost of sending money from Germany to Germany depends on several things, including:

The mid-market rate

The current mid-market rate between EUR and USD is 1.088892. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between United States and United States. This is why Instarem is listed as our cheapest option - they offer the best combination of Euro to US Dollar rates (0.01) and fees (158.22).

Bank transfers from Germany to United States

Bank transfers are the most common way of sending EUR to United States as they are secure, reliable, and convenient.

If you want to send Euros to United States via bank transfer, TorFx has been the top rated provider in our comparison system for the last three months, recommended 42.5% of the time.

That’s because companies like TorFx bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, TorFx's transaction fees for Euros into United States have averaged at for the last three months. This is significantly lower than the fees charged by banks.

Credit card payments from Germany to United States

Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send Euros to United States with a credit card, Wise is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 79.2% of the time.

Note: Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

Debit card payments from Germany to United States

Debit card payments let you send money from the Germany to United States with the similar convenience of a credit card, and there are usually no tax advance fees. That said, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send Euros to United States with a debit card, Instarem is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 59.2% of the time.

Finding the best exchange rate for EUR to USD

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many USDs you can get for your EURs. The average Euro to US Dollar mid-market rate over the last month was 1.0845, with a low of 1.0733 and a high of 1.0957.

For comparison, the best exchange rate for EUR to USD right now is through Wise, at a difference of %.

Mid-market Rate
1
= 1.090364 USD
Mid-market rate at: 13:59 UTC
EUR/USD Median: 1.090675 Low: 1.088234 High: 1.095351

How we find the best transfer deals from Germany to United States

We’ve compared the cost, speed, and product offering of the top money transfer services (including TorFx) available between United States and Germany. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Euro to United States, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Check your provider is regulated

You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.

Remember: We will only ever recommend regulated financial institutions.

Looking to send money elsewhere? Here are the most popular transfer routes

These are the most popular transfer routes for sending money to and from USA.

FAQs

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Contributors

Sarah Edwards
Sarah is a proficient Content Writer who specialises in the financial sector. Her expertise lies in delivering clear, informative articles that help readers navigate the complex world of financial transactions and currency exchanges.