How to send money to Germany from New Zealand with the best NZD-EUR rate

Comparing the different providers offering services between New Zealand and Germany, is the best way to send money with confidence.

Here are your top options for sending money from New Zealand to Germany

• Wise is our top choice for NZD to EUR transfers. For example, sending 10,000 NZD to EUR will cost you $27.07 in fees, and you will receive 4,968.57 EUR. The delivery time usually is same day, but it depends on the day you make the transfer.

• Cheapest company to send money to Germany from New Zealand is Wise. They offer a fee of 27.07 NZD and exchange rate between NZD-EUR that is -0.02% different to the mid-market rate. Sending money from New Zealand to Germany through Revolut will cost you 55 NZD in fees.

• Fastest money transfers from New Zealand to Germany is with Revolut.

The 9 providers we've compared ensures you will get the best options for your transfer to Germany from New Zealand. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring New Zealand Dollar to Germany.

The exchange rate determines how much Euro you will get for every New Zealand Dollar you want to send. A better exchange rate is the best way to save money on transfers from New Zealand to Germany.

The current rate between the New Zealand Dollar and Euro is 0.498.

With currencies, the exchange fluctuates constantly, and the NZD-EUR exchange rate is no different. Tracking the rate and understanding the averages can help get a better deal. Even waiting a day or two can help you get more EUR for the same amount of New Zealand Dollar. Also, a forward contract allows you to lock in an agreed exchange rate between New Zealand and Germany.

The total cost of money transfers from New Zealand to Germany is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for NZD-EUR is currently 0.498 EUR per New Zealand Dollar. Providers offering services closer to this rate will ensure more Euro for your New Zealand Dollars.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Wise, just 27.07 NZD per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Euro. Simply, the higher the amount received in New Zealand, the lower the cost of sending from Germany.

The most cost effective way to send money from New Zealand to Germany is via a bank transfer.

Here are all the ways to send money from New Zealand to Germany:

Bank transfers

Bank transfers are often the fastest option, and normally the cheapest, for sending money from New Zealand to Germany.

By opting for a money transfer company such as Wise for transfers from New Zealand to Germany, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Using a debit card, or prepaid option, for sending money from New Zealand to Germany is easy with Xe.


Xe is a market leader in debit card payments for transfers from New Zealand to Germany, this is among a total of 9 money transfer companies compared.

Credit cards

When it comes to credit card transfers from New Zealand to Germany, we recommend running a quick comparison to get the best deal as not many companies offer direct credit card deposits.

Regulations are important for keeping your money safe, New Zealand and Germany have different regulations to consider.

Our directory of worldwide financial regulators contains details on regulation for money transfers between New Zealand and Germany.

Some companies offering money transfers between New Zealand and Germany will come with minimum or maximum thresholds on how much you can send or receive and this could cause rates or fees to change.

Comparing NZD-EUR rates for your specific transfer amount will factor in these rates and fees changes, so you’ll get the best provider for your specific needs. For regular transfers from New Zealand to Germany, it’s best to check any changes in fees and rates every time you send.

For large transfers of money transfers from New Zealand to Germany we’d recommend Wise. They offer a competitive combination of rates and fees when sending from New Zealand to Germany, even at larger amounts.

Also, be sure to check with the recipient and understand any declarations needed on large amounts of money entering Germany from New Zealand.

Receiving Euro in Germany has a few different options. The most popular ways to receive are through a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all companies offering money transfers from New Zealand to Germany will cater for every method for incoming Euro, so it’s best to check ahead of time.

One of the more popular ways is sending money from New Zealand directly to a bank account in Germany. This is because it means the recipient in Germany has to do very little. Wise is the best company for bank transfers between New Zealand and Germany.

Whilst cash pickup is popular, it is not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp operate in Germany and are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Wise.

When using a money transfer provider to send New Zealand Dollars to Germany, you will need to verify your ID at the sign up stage.

Documents needed will vary and in some cases you might need a couple of options.

Generally speaking, those in New Zealand can verify through a government issued ID such as a driver’s license or passport. If the recipient needs an ID to collect money or open a multi-currency account in Germany, both can also be used there as well.

Large transactions between New Zealand and Germany will be subject to additional security measures such as proving where the funds originated, these will be for anti-money laundering purposes.

Wise has scored highly for transfers to Germany because of the easy sign up process in New Zealand.

There will be tax declarations to consider when sending larger amounts of money between New Zealand and Germany.

Transfers into Euro may need to be reported to tax authorities in Germany as well, where regular income, large amounts (such as property or inheritance) and business payments will all be subject to tax checks.

Based on the recipient, tax limits in Germany, as well as personal allowances will change. When in doubt, we’d recommend contacting a tax professional in New Zealand or Germany to discuss your personal circumstances. This ensure you are not missing any specific tax declarations associated with your circumstances.