GeldtransFAIR.de is the official German price comparison website for remittances from Germany to other countries. The website allows you to compare the services of various transfer providers in more than 20 countries in Africa, Asia and Europe, thus saving you time and money. It also offers information on the advantages and disadvantages of different transfer methods and tells you whom to contact in the event of problems with transfers. The service is free to use and independent.
- The website is managed by the Centre for International Migration and Development (CIM) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
- The World Bank awarded the price comparison website a quality seal for price transparency and user friendliness in 2014.
Improving transparency on the money transfer market
The German market for money transfers lacks transparency. It is not always easy for users to understand the total cost of transfers, exchange rates and transfer speeds. GeldtransFAIR.de compiles all this information and makes it available in one place. The data is updated on a regular basis. The website was set up in 2007 and since then has made an important contribution to price transparency.