📈 Germany to Bulgaria Money Transfer Snapshot Today
- Best Germany to Bulgaria exchange rate today: EUR 1.0000, offered by Profee
- Number of money transfer providers compared: 3
- Exchange rate range: EUR 1.0000 to EUR 0.9990
- Potential savings on EUR 1000: EUR 1.00
- Number of deals and promo codes: 2
See detailed Germany to Bulgaria money transfer comparison below.
Germany to Bulgaria money transfer providers that matched the search criteria
📢 Get promotional rate on your first transfer
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What these rates mean for sending money to Bulgaria from Germany today
Compare top-rated money transfer providers to find the best way to remit money to Bulgaria from Germany. Check today's Germany to Bulgaria exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 3 providers for Germany to Bulgaria money transfers today. Here is what the competition looks like right now:
Today's Most Competitive Providers to Transfer Money to Bulgaria from Germany
🥇 Profee with 1 EUR = 1.0000 EUR (best Germany to Bulgaria exchange rate today).
🥈 Ria Money Transfer offering 1 EUR = 1.0000 EUR.
🥉 Wise is also pricing EUR-EUR competitively today.
The 3 providers compared today offer exchange rates from EUR 0.9990 to EUR 1.0000. On a EUR 1000 transfer from Germany to Bulgaria, that spread means up to EUR 1.00 in potential savings — simply by choosing the right provider.
Germany to Bulgaria exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much EUR your recipient receives in Bulgaria.
Compare the providers above to maximize every EUR you send to Bulgaria. The best Germany to Bulgaria transfer rate changes daily, so comparing today matters.
🔄 Looking for the reverse corridor? Send money from Bulgaria to Germany instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Germany.
👇 There is more to a great transfer than today's EUR to EUR exchange rate — 5 years of historical pricing data reveals what really drives the total cost of sending money to Bulgaria from Germany.
Whilst Germany to Bulgaria exchange rate is crucial, historical data shows that transfer fees, EUR amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze 5 years of Germany to Bulgaria remittance data to show you exactly where costs arise, and the best practices that maximize your EUR payout on every transfer.
Cost insights to remit money from Germany to Bulgaria (data-backed)
When you send money internationally from Germany to Bulgaria, the following 4 key factors determine how much your recipient actually receives:
- Germany to Bulgaria exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, optimizing all four factors together gives your recipient in Bulgaria the maximum EUR payout on every transfer.
Another counter-balancing aspect is money transfer speed. If you need to transfer money from Germany to Bulgaria urgently, you may have to compromise on some of the above factors whilst optimizing for speed.
To understand what actually drives cost, we analyzed historical remittance pricing1 for Germany to Bulgaria money transfers — comparing transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 410 actual Germany to Bulgaria money transfers handled by 11 providers over the last 5 years (for a EUR 140 remittance benchmark).
This analysis of real Germany to Bulgaria transfer data identifies the lowest-cost payment and delivery combinations — so you keep more of every Euro you send.
Before we deep dive, here are the key trends:
📌 Key Cost Insights: Transferring money from Germany to Bulgaria
- Average total cost: 4.69% (range 0.00% to 13.87%, spread 13.87 percentage points)
- Potential payout difference: On a EUR 140 transfer, the above variation can save you up to EUR 19.42.
- Average FX markup: 0.79% (range -0.55%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 4.25%, spread 4.80 percentage points) - Average transfer fee: EUR 5.47 (range EUR 0.00 to EUR 14.90)
- Cheapest payment/delivery method combo: Bank Account Transfer → Bank Deposit (2.70% avg cost); most expensive is Cash → Cash Pickup (8.13%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 5.42% (EUR 7.59 on EUR 140 transfer).
- Market coverage: ~11 providers on average (competition level: competitive)
- Average speed: About 17 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we break down each of these factors in detail — so you know exactly where to focus when comparing providers for your next money transfer to Bulgaria from Germany.
💰 Transfer Fees: What to watch when you remit money from Germany to Bulgaria
Whilst exchange rate gets most of the attention, the transfer fee can also have a big impact on how much of your Euro actually reaches your recipient in Bulgaria.
Based on 5 years of pricing data, here is what we see on Euro to Bulgaria money transfer fees:
- Average fee: EUR 5.47
- Median fee: EUR 4.25
- Lowest fee: EUR 0.00
- Highest fee: EUR 14.90
The average fee of EUR 5.47 represents 3.90% of a EUR 140 transfer, a meaningful cost on its own.
And even when two providers offer identical exchange rates, the difference between the lowest and highest fee means a payout difference of up to EUR 14.90.
🛠️ How to use this insight: For your next money transfer from Germany to Euro, look for providers that offer lower (or even 0) transfer fees.
One important caveat: watch out for hidden fees. Some providers advertise zero or low fees but offset it with a lower Germany to Bulgaria exchange rate. The money lost through an inferior FX rate is just as real as a visible fee — but since it does not show up as a line item, it is called a hidden fee.
This is why comparing total cost (fee + FX markup combined) always gives you a clearer picture instead of looking at rates or fees alone.
Finally, keep in mind that fixed fees matter more on smaller transfers. On a EUR 200 transfer, a EUR 5 fee is 2.5% of your total amount. On a EUR 2,000 transfer, that same fee is just 0.25%. If you send smaller Germany to Bulgaria transfers regularly, pay even more attention to fees.
Transfer fees can be just as costly as a poor exchange rate — always look at the total cost of your Germany to Bulgaria transfer, not just rates or fees alone.
💸 Payment & Delivery Methods that reduce your cost to transfer money to Bulgaria from Germany
Based on our analysis of historical Germany to Bulgaria remittance data, we see consistent variation in overall cost amongst various payment method and delivery methods.
Even when Euro to Euro exchange rates are similar, different combinations of payment and delivery options can lead to meaningful differences in what you pay.
💳 Average Cost by Payment Method
Here is the average cost for popular payment methods used to send money to Bulgaria from Germany:
- Bank Account Transfer: 3.38%
- Credit Card: 4.28%
- Debit Card: 4.34%
- Cash: 8.13%
That is a spread of 4.74 percentage points.
👉 On a EUR 140 transfer, this means you could save up to EUR 6.64 simply by choosing a lower-cost payment method.
These savings increase further for larger EUR transfer amounts.
📥 Average Cost by Delivery Method
Here is the average cost of popular delivery methods used to remit money from Germany to Bulgaria:
- Bank Deposit: 3.08%
- Cash Pickup: 5.91%
This is a difference of 2.83 percentage points.
👉 On a EUR 140 transfer, you could save up to EUR 3.96 by choosing Bank Deposit instead of Cash Pickup.
Different combinations of payment methods in Germany and delivery methods in Bulgaria can lead to very different total costs when sending or remitting money.
Here is a summary of the average cost of payment and delivery method combinations for Germany to EUR money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Bank Account Transfer | Bank Deposit | 2.70 |
| Credit Card | Bank Deposit | 3.31 |
| Debit Card | Bank Deposit | 3.61 |
| Credit Card | Cash Pickup | 4.85 |
| Debit Card | Cash Pickup | 4.86 |
| Bank Account Transfer | Cash Pickup | 5.37 |
| Cash | Cash Pickup | 8.13 |
Sorted by Average Cost % (cheapest to most expensive).
The difference between these Germany to Bulgaria payment and delivery options is significant.
- Lowest cost: Bank Account Transfer → Bank Deposit (2.70%)
- Highest cost: Cash → Cash Pickup (8.13%)
- Difference: 5.42 percentage points
👉 On a EUR 140 transfer, you could save up to EUR 11.38
👉 On a EUR 345 transfer, savings increase to EUR 28.04
Here is a quick summary of the average historical cost of various payment and delivery methods for EUR to Bulgaria money transfers.
💸 Cheapest Payment & Delivery Methods to send EUR to EUR transfers (data-backed)
- Cheapest payment method: Bank Account Transfer (3.38%) vs Cash (8.13%)
- Cheapest delivery method: Bank Deposit (3.08%) vs Cash Pickup (5.91%)
- Cheapest combination: Bank Account Transfer → Bank Deposit (2.70%) vs Cash → Cash Pickup (8.13%)
🛠️ How to use this insight: As you compare money transfer providers for your next Germany to Bulgaria international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Germany to Bulgaria remittances by carefully choosing the cheapest payment and delivery methods.
🏦 Are banks more expensive than money transfer services for Germany to Bulgaria money transfers?
When we compared Germany banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
Interestingly, for Germany to Bulgaria remittances, traditional banks are 4.71 percentage points cheaper on average than money transfer providers.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | EUR 0.00 | EUR 5.49 | EUR -5.49 |
| Exchange rate markup | 0.00% | 0.79% | -0.79 pp* |
| Average total cost (%) | 0.00% | 4.71% | -4.71 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Historical data shows that banks in Germany can be competitive. However, pricing still varies by provider, transfer amount, and method — so comparing options can still be beneficial.
📊 Does sending more money reduce the cost to remit money from Germany to Bulgaria?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending EUR 140 vs EUR 345 from Germany to Bulgaria.
We found that sending a higher amount (EUR 345) is typically cheaper — average cost drops from 4.69% to 2.83%, a reduction of 1.86 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Euro amounts to Bulgaria, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the market for sending money to Bulgaria from Germany?
Based on data from the last 5 years, Euro to Euro money transfers are provided on an average by 11 remittance companies. With this number of providers, we consider the level of market competition to be competitive.
Traditional banks account for only 9.1% of active providers (1 out of 11), whilst money transfer services make up the majority. This means you have more options beyond banks when you transfer EUR to Bulgaria.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Germany to Bulgaria remittances.
This is why comparing providers is especially important when you transfer money from Germany to Bulgaria.
⏱️ How fast can you transfer Euro to Euro?
If your recipient in Bulgaria needs funds urgently, transfer speed becomes just as important as cost when sending money.
Here is what we see for Germany to Bulgaria transfers:
- Average transfer time: About 17 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at EUR 140: About 17 hours.
- Average speed at EUR 345: About 17 hours.
Banks vs money transfer providers speed comparison: Banks take 31 hours longer on average than money transfer providers.
In many cases, the fastest providers are not always the cheapest, so balancing speed and cost is important when you transfer EUR to Bulgaria.
🛠️ How to use this insight: If you need to send money from Germany to Bulgaria in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Bulgaria.
Transfer speed for Germany to Bulgaria money transfers can vary widely across providers. For time-sensitive transfers, compare speed alongside cost and choose faster payment and delivery methods.
Frequently Asked Questions: Sending money to Bulgaria from Germany
These FAQs use data from RemitFinder's historical analysis of Germany to Bulgaria money transfers over several years.
What factors affect the total cost of sending money from Germany to Bulgaria?
The total cost of your Germany to Bulgaria money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
Can you get a better-than-market rate when you send Euro to Bulgaria?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative Germany to Bulgaria remittance rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Exchange Rate vs Transfer Fee: What matters more when you send money to Bulgaria from Germany?
Transfer fees range from EUR 0.00 to EUR 14.90, which equals roughly 10.64% on a EUR 140.00 transfer.
At EUR 140.00, the larger driver of overall cost is the transfer fee, whilst at EUR 345.00, it shifts toward exchange rate markup.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Germany to Bulgaria money transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger EUR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most EUR for your EUR.
How much can costs vary between providers when sending money from Germany to Bulgaria?
Historical transfer cost ranges from 0.00% to 13.87% for EUR transfers to Bulgaria. That is a spread of 13.87 percentage points, indicating significant differences between various money transfer providers.
Why do Money Transfer Providers charge different rates for Euro to Euro money transfers?
If you send the same Euro amount to Bulgaria via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final EUR payout in Bulgaria in a big way.
How stable are the costs to remit money to Bulgaria from Germany?
When we analyzed the historical total cost for Germany to Bulgaria transfers, we observed a range from 0.00% to 13.87% (13.87 percentage points difference), along with a variability (standard deviation) of 2.86%.
This is exactly why we recommend comparing money transfer providers to get the most of your Germany to Bulgaria transfers.
Which Payment Method is the cheapest to send money from Germany to Bulgaria?
Bank Account Transfer is the cheapest payment method in Germany based on its average cost at 3.38% (compared to Cash at 8.13%, a difference of 4.74 percentage points).
Based on this, we recommend paying for your EUR transfer with Bank Account Transfer, and avoiding Cash if possible.
Is Debit Card cheaper than Credit Card when you transfer money to Bulgaria from Germany?
Credit Card is cheaper on average when sending money to Bulgaria from Germany since it costs 4.34% (compared to 4.28% for Credit Card payments, a difference of 0.06 percentage points).
As a result, we recommend that you avoid paying for your transfer to Bulgaria with a Credit Card.
Which Delivery Method is cheapest when you remit money to Bulgaria from Germany?
Bank Deposit is the cheapest delivery method in Bulgaria as it costs 3.08% (compared to Cash Pickup at 5.91%, a spread of 2.83 percentage points).
If your recipient in Bulgaria can accept Bank Deposit, we recommend choosing it as your preferred delivery option for Germany to Bulgaria transfers.
Is Bank Deposit cheaper than Cash Pickup when you send money to Bulgaria from Germany?
Bank Deposit is cheaper for Euro transfers to Bulgaria given its 3.08% average cost (versus 5.91% for Cash Pickup, a difference of 2.83 percentage points).
To save more, consider choosing the cheapest delivery option for Bulgaria.
What is the cheapest way to send money from Germany to Bulgaria?
We evaluated 7 payment and delivery method combinations for Germany to Bulgaria remittances.
Based on historical data, Bank Account Transfer → Bank Deposit is the cheapest combination with 2.70% cost.
At the other end of the spectrum, Cash → Cash Pickup is the most expensive combination at 8.13% cost. That is a difference of 5.42 percentage points between the cheapest and most expensive combinations.
Money transfer providers price payment and delivery methods for Germany to Bulgaria remittances differently. As you compare options, look for the cheapest combination to maximize the value of your Germany to Bulgaria transfers.
Does sending more money reduce the cost to transfer money to Bulgaria from Germany?
Larger Germany to Bulgaria transfers are cheaper on average.
The cost of a EUR 140 transfer averages 4.69% as compared to 2.83% for a EUR 345 transfer, a difference of 1.86 percentage points.
How long does it take to send Germany to Bulgaria money transfers?
Based on our analysis, the average transfer time for Germany to Bulgaria transfers is 17 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Can you instantly transfer money from Germany to Bulgaria?
Yes, historical data shows that some transfers to Bulgaria from Germany can complete in less than one hour.
Note that the actual speed of your Germany to Bulgaria transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Germany to Bulgaria remittances?
Banks in Germany are competitive and can be cheaper than money transfer providers.
The average cost of banks is 0.00% compared to 4.71% for money transfer providers in Germany, a difference of -4.71 percentage points.
How competitive is the market for sending money from Germany to Bulgaria?
Based on historical data, the competition level in Germany to Bulgaria is considered competitive with 11 active providers.
Money transfer providers represent about 90.9% of identified providers in Germany.
Can you overpay if you do not compare providers before transferring money to Bulgaria from Germany?
Historically, total Germany to Bulgaria transfer cost has varied by 13.87 percentage points. On a EUR 140 transfer, that can translate to EUR 19.42 in savings.
Fees can also make a big difference in this market, with a difference of about EUR 14.90 across providers.
That is why comparing providers can materially change how much of the EUR you send your recipient receives in Bulgaria.
1 Based on 410 pricing observations across 11 firms over the last 5 years for a EUR 140 money transfer from Germany to Bulgaria. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Germany to Bulgaria remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.