Exchange currency online: the three best websites

If you travel abroad and do not want to do without cash in the respective national currency, you can exchange money online with one of the numerous fintech service providers on their websites. Likewise, the formerly quite complex and expensive transfer of money around the world has become very easy thanks to these new providers.

Order foreign currencies online with Travelex

Travelex offers a total of 41 different foreign currencies for purchase. For amounts up to 2499 euros, the delivery is made to the desired address, for larger amounts you have to collect the travel money personally from one of travelex's airport offices. In the case of Travelex competitors, for example the travel bank, the ordering process is basically similar. There are differences in the fee rates and the offer of other services, for example the express service. You can order the desired currency on the website www.travelex.de in 5 simple steps:

1. Enter the amount in the desired currency
2. Select the desired delivery date
3. Entry of personal data, delivery and billing address
4. Payment via Mastercard, Visa and bank transfer.
5. Review and release of the order

For urgent cases

The airport offices are also available for very short-term travel planning: The travel money ordered online can be made available there within just 30 minutes. However, the express service is only available for a small selection of currencies: USD, GBP, YEN, CAD & CHF.

Order foreign currency via online account

Foreign currencies can also be ordered from various online banking providers in Germany, including from comdirect bank. Many of the classic banks use the services of the travel bank and forward their customer orders to them accordingly. Please note:

1. Amounts of money between 50 and 15, 000 euros can be exchanged
2. Payment is made in advance by bank transfer
3. The desired foreign currency amount will be sent by courier - within 3 days at a price of 5.75 euros

International transfers from account to account

If you have an account in the destination country of your trip, you can use services such as XE or transferwise in addition to classic wire transfers. The transfer takes place via a webpage, alternatively via iOS or Android app. Account-to-account transfers, for example between the USA and the euro area, take 2-3 days and are therefore comparable to traditional wire transfers.

A cheap alternative

Transferwise offers transfers at the current exchange rate and charges a transparent fee of 0.5% of the exchange amount, but a minimum of 2 euros. Compared to traditional wire transfer, the fee is very low. The price is made possible because Transferwise combines the transfer amounts in the start and destination countries from many customers and only transfers the difference.