How to Send Money to Greece

Sending money to Greece can feel complicated, especially if you are doing it for the first time. Whether you want to support family, pay for property expenses, or cover travel costs, the process has become much simpler in recent years. The challenge for most people is choosing the right method, understanding the fees, and making sure the money arrives quickly and safely. This guide walks you through the most reliable ways to transfer money to Greece so you can feel confident every time you send funds.

Why Do People Commonly Send Money to Greece?

For many Greeks living abroad, sending money home is an important way of staying connected. Some people send remittances to support family members, while others make payments for property maintenance, bills, or inheritance matters. Tourists may also need to send themselves funds during long stays. Each situation has slightly different needs, which is why understanding the available options matters.

What Are the Main Ways to Send Money to Greece?

There are several secure methods to transfer money internationally. The best choice depends on how fast you want the funds to arrive and how much you are willing to spend on fees.

1. International Bank Transfers

Most people rely on bank-to-bank transfers. This method allows you to send money directly from your account abroad to a bank account in Greece. Major banks such as Alpha Bank, Piraeus Bank, Eurobank, and National Bank of Greece accept international wire transfers.

Bank transfers are safe, but they often come with high fees and less favorable exchange rates. Processing can take two to five business days, depending on the banks involved.

2. Online Money Transfer Services

Companies like Wise (formerly TransferWise), Revolut, Remitly, and Western Union’s online platforms have made transfers much more convenient. These services typically offer better exchange rates than banks and lower fees.

With most providers, you can pay using a debit card, credit card, or bank transfer, and the recipient can either receive the money directly in their bank account or collect it in cash at a local partner location.

3. Cash Pickup Services

Western Union and MoneyGram still play a big role, especially when cash is needed quickly. The sender can initiate the transfer online or in person, and the recipient in Greece can pick up the money at an agent location, often on the same day.

This method is fast but often carries higher fees compared to digital-only options.

4. Mobile Wallets and Fintech Apps

Apps such as PayPal, Revolut, and Skrill are gaining popularity among younger users. Transfers are quick, and recipients can often use the funds right away for online purchases or withdraw them to a Greek bank account.

The downside is that not all recipients in Greece use these apps, and fees may apply when converting currency or withdrawing to a bank.

5. Cryptocurrency: Bitcoin, Ethereum, XRP, Stablecoins, DOGE and more.

Sending money with cryptocurrency such as Bitcoin, Ethereum, or stablecoins has become more common. This method allows you to transfer funds directly, bypassing banks and traditional providers.

The advantage is speed and often lower fees, especially for large transfers. However, both the sender and the recipient need digital wallets, and the recipient must usually convert the crypto into euros through an exchange in Greece. Exchange rates and volatility can affect how much value arrives, so this option is best suited for recipients who are comfortable using crypto.

How Much Does It Cost to Send Money to Greece?

The cost depends on the provider, the amount sent, and the payment method. Banks typically charge fixed fees plus a margin on the exchange rate. Online services often charge a percentage-based fee but make up for it with competitive exchange rates.

Credit card payments can incur additional costs, so using a debit card or bank transfer is usually more economical.

How Long Does It Take for the Money to Arrive?

• Bank transfers: 2–5 business days

• Online transfer services: 1–2 business days, sometimes minutes

• Cash pickup: Same day

• Mobile wallets: Almost instant between accounts

The urgency of your transfer will often determine which service is best for you.

What Information Do You Need to Send Money to Greece?

To complete an international transfer to a Greek bank account, you will usually need:

• The recipient’s full name

• Their bank account number (IBAN)

• The bank’s SWIFT/BIC code

• The bank name and branch (if required)

Without the correct IBAN or SWIFT code, the transfer may be delayed or rejected, so double-check the details before sending.

Are There Limits on Sending Money to Greece?

Most providers have maximum transfer limits that vary depending on the service and your account verification level. Banks typically allow large sums, while online services may limit amounts unless you provide additional identification.

For cash pickups, limits are usually lower, and the recipient may need to show identification when collecting the money.

How Can You Get the Best Exchange Rate?

Exchange rates fluctuate daily, and even small differences can impact how much money your recipient receives. Compare multiple services before sending and avoid transferring large amounts during weekends when rates are less favorable. Some services also allow you to lock in a rate in advance.

What Is the Safest Way to Send Money to Greece?

All the methods listed above are considered safe when using reputable providers. To protect yourself:

• Use licensed services or well-known banks

• Verify recipient details carefully

• Avoid sending money to unknown individuals

• Keep confirmation receipts for your records

  
  

If your priority is safety over speed, bank transfers are generally the most secure. For a balance of speed and security, online money transfer platforms are an excellent choice.

Final Thoughts

Sending money to Greece has never been easier, but it still requires careful thought. By comparing fees, exchange rates, and transfer times, you can make sure your money arrives safely and in full. Whether you are supporting family, paying for property, or managing travel expenses, the right transfer method can save you time and money.

Explore more stories about Greece on our blog.

Follow us on Instagram @greece for daily inspiration.

Discover more guides and features on Greek culture here.