Question 1

What's the best way to send money from Germany to Chile?

Accepted Answer

With the global remittance market booming, there are so many choices for Euro to CLP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Chile from Germany. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final CLP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best rate to transfer money to Chile from Germany?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Chile from Germany.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EUR to Chilean Peso remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to CLP remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

What's the cheapest way for transferring money to Chile from Germany?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Chile from Germany. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Chile using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Chilean Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Chile exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Chile from Germany.

Question 4

Should I use my bank to send money from Germany to Chile?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Germany to Chile. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to CLP exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Germany bank for your Chile money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

What is the fastest way to transfer money from Germany to Chile?

Accepted Answer

If you need to convert EUR to CLP as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Germany to Chile could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to Chilean Peso funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Chile.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Germany to Chile. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money to Chile from Germany?

Accepted Answer

Since the Euro to Chilean Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Germany that may also be able to send money to Chile. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your EUR to CLP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Chile gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Germany to Chile transaction.

Question 7

Step by step guide to transfer money to Chile from Germany

Accepted Answer

Follow the below easy steps to send money to Chile from Germany.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Germany bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Chile).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your EUR to CLP remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 EUR	1,063.26 CLP
5 EUR	5,316.31 CLP
10 EUR	10,632.62 CLP
25 EUR	26,581.56 CLP
50 EUR	53,163.12 CLP
100 EUR	106,326.24 CLP
150 EUR	159,489.36 CLP
200 EUR	212,652.48 CLP
250 EUR	265,815.60 CLP
300 EUR	318,978.72 CLP
400 EUR	425,304.96 CLP
500 EUR	531,631.20 CLP
600 EUR	637,957.44 CLP
700 EUR	744,283.68 CLP
800 EUR	850,609.92 CLP
1000 EUR	1,063,262.40 CLP
1500 EUR	1,594,893.60 CLP
2000 EUR	2,126,524.80 CLP
2500 EUR	2,658,156.00 CLP
3000 EUR	3,189,787.20 CLP
4000 EUR	4,253,049.60 CLP
5000 EUR	5,316,312.00 CLP
10000 EUR	10,632,624.00 CLP
15000 EUR	15,948,936.00 CLP
20000 EUR	21,265,248.00 CLP
30000 EUR	31,897,872.00 CLP
40000 EUR	42,530,496.00 CLP
50000 EUR	53,163,120.00 CLP
100000 EUR	106,326,240.00 CLP

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