Similar questions: move money bank account German.
Depends on what you mean by "best" (fast or cheap). Are you in a hurry? Then use wire transfer.
Fast but perhaps a bit expensive. Your originating bank will charge a fee and the receiving bank will also charge a fee. In my case the originating cost was $35 for amounts up to $10000 and $70 for amounts up to $20000.
Receiving cost was about $15. Funds should be available in about 2 days. If you are not in a hurry then consider purchasing an international money order and just mailing it to the receiving bank.
Cost should be less than $10. The receiving bank will probably charge something and clearance will take a while but I don't know of any cheaper method. Also consider where you want the currency conversion to occur.
Buying euros in the USA is probably a bad idea. USA banks have a huge spread between buy and sell rates. Check your receiving bank's spread and if it is narrower then send USD rather than converting to EUR here and sending those..
Simply wire it. Once you've opened an account (can be done online) with the German bank, call your local bank with the routing number and account number for/of the German bank. Piece of cake..
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But instead of having a bank account, the money comes to me thru amazon. " "how can I transfer money from a wells fargo account to a bank of america account online? " "Can I transfer money from an account at Bank of America to another persons account at a different bank?" "best way to send money to someone without a bank account.
If I tranfer money from my account to my brothers at same bank is the money avail right then.
But instead of having a bank account, the money comes to me thru amazon.
Best way to send money to someone without a bank account.
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