Remittance corridor · World Bank RPW · 2025Q1

Germany → Ukraine

What it really costs to send money from Germany to Ukraine, with the cheapest provider on record and the gap to the UN's 3% target.

4.0%
Average cost
1.8%
Cheapest · Paysend
$800M
Annual volume
7
Providers tracked

The verdict

At 4.0%, this is one of the more affordable corridors we track, cheaper than 75% of them, but the cheapest provider charges just 1.8% - switching saves about $4.46 on every $200 sent.

4.0%
average cost of a $200 transfer
-2.7pp
vs the 6.7% average of 322 corridors
+1.0pp
gap to the UN 3% target
$54/yr
saved by switching to the cheapest, 12 transfers

Compared against the 322 corridors we actually track, not a generic headline figure.

How Germany → Ukraine compares

Average cost of a $200 transfer, percent, lower is cheaper

Germany → Ukraine4.04%Cheapest provider1.81%322-corridor average6.71%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q1

SDG 10.c progress (target: 3%) 91.3%
Cheapest

4.04% average - 1.0pp above target

Cost trend: Germany → Ukraine

Average and cheapest cost of a $200 transfer over time, percent

-2%0%2%4%6%8%10% 2015Q42017Q12018Q22019Q32020Q42022Q12023Q22024Q32025Q1 4.04%1.81% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q1

Sending Country

Germany
Europe
6.16%
Avg outbound cost
$23.7B
Total remittances sent
All corridors from Germany →

Receiving Country

Ukraine
Europe & Central Asia
5.78%
Avg inbound cost
$12.0B
Total remittances received
All corridors to Ukraine →

Nearby Corridors from Germany

Germany is one of the most connected sending markets in our data, with 22 tracked outbound corridors. The 5 below span the widest cost range, from the cheapest to send anywhere from Germany through to the most expensive.

# Destination Avg costCheapest
1 Tajikistan 3.0% 3.0%
2 Kosovo 3.0% N/A
3 Croatia 3.4% 0.0%
4 Romania 3.5% 0.0%
5 Morocco 5.2% 3.5%

What the Germany → Ukraine Data Tells Us

Sending money from Germany to Ukraine currently costs an average of 4.04% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 2.7 percentage points below the 6.7% average of the 322 corridors we track, and well under the World Bank's reported global average of about 6.4% - a relatively affordable route.

On the cheapest end of the market, Paysend delivers this corridor at 1.81% - the floor price a Germany-based sender can realistically access today. The full panel includes 7 tracked providers.

This corridor moves roughly $800M in remittances each year, so even a one-percentage-point reduction in cost would return tens of millions of dollars annually to families in Ukraine. Costs here have crept up 1.07 percentage points over the tracked period, bucking the wider trend toward cheaper transfers seen on most corridors.

Across the 38 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 2.3% to 8.0%, and 2 of those 38 quarters (5%) met the UN SDG 3% target outright.

Frequently Asked Questions

How much does it cost to send money from Germany to Ukraine?

The average cost to send money from Germany to Ukraine is 4.04% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 1.81% via Paysend. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.

What is the cheapest way to send money from Germany to Ukraine?

Based on World Bank RPW data, the cheapest service for the Germany to Ukraine corridor charges 1.81% - currently Paysend. A total of 7 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.

Is the Germany to Ukraine corridor meeting the UN SDG cost target?

Not yet. At 4.0%, this corridor sits 1.0 percentage points above the UN SDG 10.c target of 3% or below by 2030.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)

Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.