Remitting from Germany to China

The following table shows how much it costs to remit money from Germany To China. Click on column headings to sort the data.

Note: Corridor averages are unweighted and do not reflect the market shares of the different firms that compose the average. For comparability purposes, the two initial USD reference amounts of $200 and $500 were kept. In the third quarter of 2009, the amounts in local currency were adjusted in order to reflect foreign exchange fluctuations.

How much does it cost to remit?

FromTo
Find out by selecting sending and receiving countries below:
Collection period for Third quarter 2009 | First quarter 2009 | 2008 
See prices in EUR | USD 
See prices in EUR | USD 
See prices in EUR | USD 
140350
 Total cost 
Firm nameFirm typeFee
(EUR)
Exchange rate
margin (%)
Percent (%)EUR Transfer speedNetwork Coverage

Date

Postbank*Bank8.00*0.00*5.71*7.99 3-5 daysNationwideSep 21, 2009
iKoboMTO11.500.008.2111.49 Less than one hourNationwideSep 21, 2009
MoneybookersMTO14.000.0010.0014.00 Less than one hourNationwideSep 21, 2009
MoneyGramMTO15.000.0010.7114.99 Less than one hourNationwideSep 21, 2009
MoneyGramMTO15.002.0412.7617.86 Less than one hourNationwideSep 21, 2009
Western UnionMTO20.002.2716.5523.17 Less than one hourNationwideSep 21, 2009
HypoVereinsbankBank25.000.5218.3825.73 6 days or moreNationwideSep 21, 2009
Western UnionMTO26.002.2720.8429.18 Less than one hourNationwideSep 21, 2009
Bank Average 16.500.2612.0516.87
MTO Average 16.921.1013.1818.45
Total Average 16.810.8912.9018.06
Total Average in First Quarter 2009 21.003.9219.4827.27
Corridor note
  • * indicates that the RSP is not transparent and did not provide all the relevant information. Roll-over firm name for more info.
  • 200500
     Total cost 
    Firm nameFirm typeFee
    (USD)
    Exchange rate
    margin (%)
    Percent (%)USD Transfer speedNetwork Coverage

    Date

    Postbank*Bank11.43*0.00*5.71*11.42 3-5 daysNationwideSep 21, 2009
    iKoboMTO16.430.008.2116.42 Less than one hourNationwideSep 21, 2009
    MoneybookersMTO20.000.0010.0020.00 Less than one hourNationwideSep 21, 2009
    MoneyGramMTO21.430.0010.7121.42 Less than one hourNationwideSep 21, 2009
    MoneyGramMTO21.432.0412.7625.52 Less than one hourNationwideSep 21, 2009
    Western UnionMTO28.572.2716.5533.10 Less than one hourNationwideSep 21, 2009
    HypoVereinsbankBank35.710.5218.3836.76 6 days or moreNationwideSep 21, 2009
    Western UnionMTO37.142.2720.8441.68 Less than one hourNationwideSep 21, 2009
    Bank Average 23.570.2612.0524.10
    MTO Average 24.171.1013.1826.36
    Total Average 24.020.8912.9025.80
    Total Average in First Quarter 2009 31.113.9219.4838.96
    Corridor note
  • * indicates that the RSP is not transparent and did not provide all the relevant information. Roll-over firm name for more info.
  • 135330
     Total cost 
    Firm nameFirm typeFee
    (EUR)
    Exchange rate
    margin (%)
    Percent (%)EUR Transfer speedNetwork Coverage

    Date

    PostbankBank8.500.006.308.51 3-5 daysNationwideFeb 10, 2009
    MoneyGramMTO15.001.5612.6717.10 Less than one hourNationwideFeb 09, 2009
    Bank of ChinaBank20.001.3616.1721.83 2 daysNationwideFeb 09, 2009
    Western UnionMTO20.003.1517.9624.25 Less than one hourNationwideFeb 09, 2009
    HypoVereinsbankBank37.501.1428.9139.03 6 days or moreNationwideFeb 09, 2009
    Frankfurter SparkasseBank25.0016.3534.8647.06 6 days or moreNationwideFeb 09, 2009
    Bank Average 22.754.7121.5629.11
    MTO Average 17.502.3615.3220.68
    Total Average 21.003.9219.4826.30
    Total Average in 2008 21.258.9124.6533.28
    200500
     Total cost 
    Firm nameFirm typeFee
    (USD)
    Exchange rate
    margin (%)
    Percent (%)USD Transfer speedNetwork Coverage

    Date

    PostbankBank12.590.006.3012.60 3-5 daysNationwideFeb 10, 2009
    MoneyGramMTO22.221.5612.6725.34 Less than one hourNationwideFeb 09, 2009
    Bank of ChinaBank29.631.3616.1732.34 2 daysNationwideFeb 09, 2009
    Western UnionMTO29.633.1517.9635.92 Less than one hourNationwideFeb 09, 2009
    HypoVereinsbankBank55.561.1428.9157.82 6 days or moreNationwideFeb 09, 2009
    Frankfurter SparkasseBank37.0416.3534.8669.72 6 days or moreNationwideFeb 09, 2009
    Bank Average 33.704.7121.5643.12
    MTO Average 25.932.3615.3230.64
    Total Average 31.113.9219.4838.96
    Total Average in 2008 31.488.9124.6549.30
    135330
     Total cost 
    Firm nameFirm typeFee
    (EUR)
    Exchange rate
    margin (%)
    Percent (%)EUR Transfer speedNetwork Coverage

    Date

    Bank of ChinaBank20.000.8315.6421.11 Up to 2 days-May 21, 2008
    Western UnionMTO20.001.3816.1921.86 Instant-May 21, 2008
    HypoVereinsbankBank32.502.1126.1935.36 7-10 days-May 21, 2008
    Frankfurter SparkasseBank12.5031.3140.5754.77 7-15 days-May 21, 2008
    Bank Average 21.6711.4227.4737.08
    MTO Average 20.001.3816.1921.86
    Total Average 21.258.9124.6533.28
    First Quarter 2009  21.003.9219.4826.30
    200500
     Total cost 
    Firm nameFirm typeFee
    (USD)
    Exchange rate
    margin (%)
    Percent (%)USD Transfer speedNetwork Coverage

    Date

    Bank of ChinaBank29.630.8315.6431.28 Up to 2 days-May 21, 2008
    Western UnionMTO29.631.3816.1932.38 Instant-May 21, 2008
    HypoVereinsbankBank48.152.1126.1952.38 7-10 days-May 21, 2008
    Frankfurter SparkasseBank18.5231.3140.5781.14 7-15 days-May 21, 2008
    Bank Average 32.1011.4227.4754.94
    MTO Average 29.631.3816.1932.38
    Total Average 31.488.9124.6549.30
    First Quarter 2009  31.113.9219.4838.96