Send Money From Europe
Sending euros to family, friends or a business outside the euro area? Here's the true cost of a transfer, the PSD2-licensed service that comes out cheapest for your route, and how paying by SEPA keeps it low, right down to what your recipient receives.
Compare live rates from Europe
Choose where the money is headed and how much you're sending; the table reorders every euro provider by real cost, spelling out the fee, the rate margin, and the amount that actually arrives.
Best ways to send money from Europe, and who each suits
The winner shifts with the destination, the amount, and how your recipient takes the money. Let the table settle your specific route; the notes below are just a guide to each service's strong suit.
Wise says it converts at the mid-market rate and bills a stated fee. Built for straightforward euro bank transfers.
Built around the continent: the corridors Europeans use most, from Ukraine and Turkey to India and the Philippines, funded straight from your bank in euros.
A broad euro line-up to India, the Philippines and across Asia, with the fee shown before you send.
Covers a set of European corridors; worth checking whenever it serves your destination.
Two apps focused on much of Africa and South Asia, topped up from your euro account in seconds. Check the table for what each charges on your route.
Where an in-person payout counts: a vast agent network hands over cash abroad, often in minutes, for recipients without a bank account. Compare its exchange rate as well as the fee.
Want the full field? Compare every provider side by side.
How to send money from Europe in 4 steps
Enter your amount and destination above; the table reorders the providers by the sum that genuinely reaches your recipient, fee and rate margin rolled together, so the flashiest low fee can’t mislead you.
A few minutes to register. Give the payee’s name precisely as their bank or wallet records it, plus the IBAN, wallet handle or pickup point. You’ll verify your own identity once, a PSD2 obligation for the provider and nothing to be wary of.
A SEPA transfer (instant where offered) is the cheapest way to fund a send and reaches the provider in seconds to hours; a card is faster to set up but pricier. The EU adds no tax on what you send out of the bloc.
Take a final look at the rate and fee the app has locked, send, and keep the reference to hand so you can trace the transfer until it is safely received.
Popular routes from Europe
The corridors euro-area senders use most. Pick any of them (or another country) in the comparison above.
Fees vs the exchange rate: what you actually pay
There are two prices on any euro transfer. The obvious one is the fee at checkout, with a specialist or a bank alike. The other is quieter: the exchange-rate markup, the margin a provider keeps by quoting a rate just under the true mid-market one. It never appears as a line item, so a transfer wearing a "no fee" label can still be the pricier pick.
Take €1,000 to Morocco. A bank trims a markup it doesn't publish from the rate before adding its flat fee, whereas an app shows its fee and its rate before you pay, so you can see the dirham total at the far end. Judge any provider on a single figure: fee and margin added together as a percentage of what you send. That is precisely what the table above settles for you.
How to pay, and how your recipient gets it
- SEPA transfer:
- the cheapest way to fund a send, and SEPA Instant arrives in seconds. No EU tax on money sent abroad.
- Debit card:
- instant to set up for a little extra.
- Credit card:
- the dearest, and your issuer may treat it as a cash advance.
- Bank deposit:
- the default for most transfers, usually one to two business days.
- Cash pickup:
- Western Union, MoneyGram and Ria counters, frequently ready in minutes.
- Mobile wallet:
- UPI in India, mobile money across Africa; commonly instant.
Is it safe? EU regulation in brief
A transfer out of the euro area is safe when the firm is authorized. Under the EU's PSD2 framework, providers hold a Payment Institution or Electronic Money Institution license granted by a national regulator — Wise via the National Bank of Belgium, for instance — and passport it across the European Economic Area, with customer money ring-fenced in safeguarding accounts apart from the company's own. Each service above is an authorized operator, which is why the single ID check at sign-up is standard rather than suspicious.
A license guards the money, not the instruction. Double-check the recipient's name and IBAN or wallet before you approve, because a cross-border payment rarely comes back once collected. And be skeptical of anyone hurrying you to send, above all a person you have only met over the internet.
Sending money from Europe: FAQ
What is the cheapest way to send money from Europe?
Almost always a specialist app you top up by SEPA. Wise says it converts at the mid-market rate and shows its fee, and ProFee, Instarem, TransferGo, Sendwave and TapTap Send serve Europe’s heaviest routes: Morocco, Ukraine, India, the Philippines. A bank is the expensive way out, layering a markup it doesn’t publish into the rate on top of its SWIFT charge. Who leads changes route by route, so let the comparison above pick it out for the amount you’re sending.
Which app is cheapest to send money from Europe to Morocco, India or Turkey?
It changes with the day’s rate and the amount, so there is no fixed answer. Pick Morocco, India or Turkey in the table above and enter your amount: it ranks every euro provider by what your recipient receives once the fee and the rate margin are counted.
How much does it cost to send money abroad from the euro area?
Your outlay is part visible fee, part concealed rate markup. The specialists show both before you pay; a bank folds a markup it doesn’t publish into the rate before its flat charge. Sending €1,000, the distance between the best and worst provider can be wide for the very same delivery, so let the table above price yours.
How fast will a transfer from Europe arrive?
Typically minutes on the quick routes, a day or two on the slower ones. On heavy corridors, cash and mobile-wallet collection is frequently instant or same-day, while a bank deposit tends to arrive inside one to two working days. SEPA Instant hits the provider in seconds and a standard SEPA transfer clears same- or next-day; only a bank’s own SWIFT wire lingers, at three to five days.
Are money transfer services in Europe regulated, and is my money safe?
Yes. Under the EU’s second Payment Services Directive (PSD2), transfer firms are authorized as Payment Institutions or Electronic Money Institutions by a national regulator (Wise through the National Bank of Belgium, for example) and passport that license across the EEA. They must safeguard customer funds in separate accounts. Every service compared here is an authorized operator, so the one-off ID check at sign-up is routine.
Is there a tax on sending money abroad from the EU in 2026?
None. Sending money out of the EU carries no bloc-wide tax, a contrast with the United States, where a 1% federal levy on some cash-funded transfers took effect in 2026. Within the eurozone what you pay is simply the provider’s fee and whatever it adds to the rate.