Listed below are some of the money transfer brokers who can offer you a better currency exchange rate when transferring money abroad. Or search our list of approved FSA brokers
It is advised that if you are sending regular payments abroad you should use a foreign exchange broker to ensure you get the most out of your exchange rate. Sending Money Abroad.
Complete application form
Provide ID such as Passport
Confirm amount to be sent
Provisional Currency rate will be agreed
Send funds to foreign exchange broker
Money converted to currency required
Money received and sent as required
Currency for Germany - Currency Transfers DEM
The Euro (EUR) is now the official currency of Germany. Germany's prior currency, the Deutsche Mark, has now been phased out as legal tender and is no longer accepted.
Credit Cards accepted
The following credit cards are accepted MasterCard and Visa are the main credit cards but also American Express, Diners Club and others are all widely accepted. Always check with your credit card company for details of merchant acceptability and other services which may be available before you go on holiday or travel aboard / overseas
Traveller's cheques
Traveller's cheques, accompanied by a passport, are also accepted in most hotels, restaurants and shops. Eurocheques are no longer guaranteed and can no longer be accepted for encashments. However, they may still be used for payments without the guarantee in certain places.
Currency Exchange
Foreign currencies and travellers cheques can be exchanged at banks, bureaux de change, airports, post offices, railway stations, ports and major hotels at the official exchange rates.
Banking Opening and Closing hours
Generally Monday, Tuesday, Wednesday and Friday 0830-1300 hrs and 1430-1600 hrs, Thursday 0830-1300 hrs and 1430-1800 hrs in main cities. Main branches do not close for lunch.
Sending money to Germany is easy just open an account with a money transfer broker then once your account is opened you can then transfer money to Germany and even make regular transfers. Use compare money transfer to see foreign exchange companies offering currency deals.
Paying your mortgage, Importing or exporting, paying oversea suppliers? No matter who you intend to pay use a foreign exchange broker it is cheaper than using high street banks.
