Send Money to Germany from India
Yes, we send Euros to Germany for you, under RBI's LRS, from our Nerkundram branch in Chennai. You bring the passport and PAN, we fill Form A2 at the counter, and the funds reach the IBAN in 1 to 2 business days. LRS allows up to USD 250,000 per person each year. TCS applies above the year's threshold, and we sit and explain exactly what it means for your amount, no surprises. Your rate is confirmed on WhatsApp and held for 60 minutes.
Built Around the Student Journey
You are about to wire money to Germany for the first time, and your hand is probably hovering the way it hovers before you press send on anything that matters. So let me answer the real question first. Yes, this can be done cleanly, and people do it every week for exactly the reason you are doing it. A child got the offer letter, and now there is a semester fee to pay, a blocked account the student visa asks for, and the first few months of rent and groceries in a city you have only seen in photographs. It feels enormous because it is the first time. Sit with me a moment and we will go through it the way you would go through a checklist at the kitchen table, nothing skipped, nothing hidden.
EUR Wire, IBAN Based
Germany uses the Euro and the SEPA system, so a transfer needs the recipient's IBAN and usually the bank's BIC. That recipient may be a university, a blocked-account provider, or the student's own German account once it is open. Give us the IBAN and we handle the rest.
The Blocked Account (Sperrkonto)
German student visas typically require a blocked account holding roughly a year of living costs, a figure the German authorities set and revise, so confirm the current amount with your provider before you remit. We send the exact figure your provider asks for, in Euros, with the reference formatted the way they need it.
Arrives in 1 to 2 Business Days
We initiate the SWIFT or SEPA-routed wire the same working day once your paperwork and funding are in, and the money typically reaches the German account in 1 to 2 business days. Timing depends on cut-off hours and the receiving bank.
TCS: The Rules That Actually Apply
Under RBI's LRS you can send up to USD 250,000 per person per financial year. On TCS, from April 2026: nothing below Rs 10 lakh of cumulative LRS use in the year; above that, education funded by a loan from a specified institution is NIL, education from your own funds is 2%, and other purposes are 20%. TCS is advance tax, claimable back in your return.
What to Bring
Passport, PAN, and the recipient details (IBAN, BIC, and the exact reference your university or blocked-account provider gave you). For an education remittance, the admission letter and, if loan-funded, the sanction letter, since that is what unlocks the NIL TCS rate. We complete Form A2 with you at the counter.
How to Send Money to Germany
Share the Amount and Purpose
WhatsApp us the figure your university or blocked-account provider asked for, and the purpose. We confirm the all-in rupee figure at today's rate, valid 60 minutes.
Give Us the Recipient's IBAN
The German IBAN and BIC, plus the exact reference the recipient specified. A missing or wrong reference is the most common cause of a delayed credit, so we check it twice.
Bring Your Documents
Passport, PAN, admission letter, and the loan sanction letter if the remittance is loan-funded. We fill Form A2 with you at the counter.
Fund and We Wire
Fund the rupee amount by NEFT, RTGS, or UPI, and we initiate the Euro wire the same working day. Funds typically credit in 1 to 2 business days, and you get the SWIFT copy as proof.
Common Questions
How do I send money for a blocked account (Sperrkonto) in Germany?
You send Euros to the blocked-account provider's IBAN with the reference they gave you, under LRS. The amount is the year of living costs the German authorities require, a figure they revise periodically, so confirm the current number with your provider before remitting. Bring your passport, PAN, and the provider's details, and we complete the Form A2 and the wire at the counter, with the SWIFT copy handed to you as proof.
Is there TCS on sending money to Germany for education?
Only once your total LRS use crosses Rs 10 lakh in the financial year. Below that, no TCS. Above it, education funded by a loan from a specified institution is NIL, education from your own funds and medical are 2%, and other purposes such as travel, family maintenance, and gifts are 20%. TCS is advance tax that shows in your Form 26AS and is claimable back in your income tax return. Our TCS guide and calculator can estimate yours before you pay.
What details do I need from the recipient in Germany?
The IBAN and usually the BIC of the receiving bank, plus the exact payment reference. For a university that is the matriculation or applicant number; for a blocked account it is the reference on your provider's instructions. Getting the reference exactly right is what lets the German bank match the money to you on the day it arrives.
How long does a transfer to Germany take?
We initiate the wire the same working day once your paperwork and funding are complete, and it typically reaches the German account in 1 to 2 business days. Cut-off times and the receiving bank affect the exact timing. For a visa or enrolment deadline, start 3 to 4 working days ahead so nothing is left to chance.
Can I send money to Germany for purposes other than education?
Yes. Family maintenance, gifts, and other permitted LRS purposes are all supported up to the USD 250,000 annual limit. The TCS treatment differs by purpose, so tell us the purpose when you WhatsApp us and we will confirm the exact figure and documents for your case.
Sending money to Germany for a course or a blocked account?
WhatsApp +91 93811 11767 with the amount, the recipient's IBAN, and the purpose. We confirm the all-in rupee figure, valid 60 minutes, and tell you exactly what to bring.