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.
Loading comparison...
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
Best for zero rate mark-upThe rare service that gives you the interbank rate itself and bills a small, stated fee rather than shaving the exchange rate. Hard to beat for straightforward euro bank transfers.
TransferGo
Best for Europe-first routesBuilt around the continent — sharp on the corridors Europeans use most, from Ukraine and Turkey to India and the Philippines, and funded straight from your bank in euros.
Instarem
Best for low-fee Asian routesA broad euro line-up with tight rates and modest fees to India, the Philippines and across Asia. A sensible opening bid on the eastern corridors.
ProFee
Best for often-free transfersLeans on a near-mid rate and frequently waives the fee altogether on its European corridors — worth a look whenever it covers your destination.
Sendwave & TapTap Send
Best for fee-free sends to AfricaTwo apps that lean on a zero fee across much of Africa and South Asia, topped up from your euro account in seconds. The natural choice for the regular sums families send home.
Western Union
Best when they need cashWhere an in-person payout counts: a vast agent network hands over cash abroad, often in minutes, for recipients without a bank account. The cost tends to sit in the rate.
Want the full field? Compare every provider side by side.
How to send money from Europe in 4 steps
- 1
See who really costs least.
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.
- 2
Register and enter the payee.
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, nothing to be wary of.
- 3
Pay in over SEPA.
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.
- 4
Confirm and follow it through.
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 — commonly nothing to €3 with a specialist, €10 to €30 through a bank. 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 might trim 3% in the rate — some €30 — before adding its flat fee, whereas a sharp app charges a couple of euros on a rate a hair off mid-market, and the dirham total at the far end is visibly larger. Judge any provider on a single figure — fee and margin added together as a percentage of what you send — which is precisely the sum the table above settles for you.
How to pay, and how your recipient gets it
How you pay
- SEPA transfer — the cheapest way to fund a send; 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.
How they receive it
- 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 authorised. Under the EU's PSD2 framework, providers hold a Payment Institution or Electronic Money Institution licence 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 authorised operator, which is why the single ID check at sign-up is standard rather than suspicious.
A licence guards the money, not the instruction. Double-check the recipient's name and IBAN or wallet before you approve — a cross-border payment rarely comes back once collected — and be sceptical 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 holds to the mid-market rate for a modest fee, and ProFee, Instarem, TransferGo, Sendwave and TapTap Send often ask for nothing at all on Europe’s heaviest routes — Morocco, Ukraine, India, the Philippines. A bank is the expensive way out, layering roughly 2–4% into the rate on top of a €10–€30 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?
Treat this as orientation, since the day’s rate and your amount shift things: India tends to favour Wise and Instarem; Morocco and Turkey often go to ProFee, TransferGo or Western Union, particularly for bank deposit and cash pickup. For a definitive answer, run your figure through the table above.
How much does it cost to send money abroad from the euro area?
Your outlay is part visible fee, part concealed rate markup. The better specialists ask €0–€3 and shave well under a percent or two off the rate; a bank folds 2–4% into the rate before its flat charge. Sending €1,000, the distance between the best and worst provider is routinely €25–€45 for the very same delivery.
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 authorised as Payment Institutions or Electronic Money Institutions by a national regulator — Wise through the National Bank of Belgium, for example — and passport that licence across the EEA. They must safeguard customer funds in separate accounts. Every service compared here is an authorised 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.