Best Way to Send Money from Greece to Georgia
Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Which provider is cheapest to send money from Greece to Georgia in 2026?
Hover any card to see exactly what it costs you.
How has the EUR/GEL exchange rate changed recently?
vs Traditional Banks
You save up to GEL 225
on a EUR 900 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending EUR to GEL through a Greek bank typically costs 3-5% in combined fees and FX markup, while digital providers like Wise, Revolut, and Remitly compress that to 0.5-1.5%. On a €1,000 transfer, that gap means €30-€80 retained per send.
In Georgia, recipients can access funds directly at TBC Bank, the country's largest financial institution. By using Revolut instead of a traditional bank wire, your recipient gets approximately 130 GEL more on a $1,000 transfer — because digital providers pass the real exchange rate directly. Worth knowing about the local currency: Georgia's 200 lari note portrays Queen Tamar, the 12th-century ruler whose reign is considered the golden age of Georgian culture and military power.
Our verdict: Fund a Wise transfer via SEPA Instant from your Greek bank for delivery to a TBC Bank or Bank of Georgia account — the lowest all-in cost on the EUR-to-GEL corridor.
Why send money from Greece to Georgia with a digital provider in 2026?
The EUR-to-GEL corridor moves an estimated €180-220 million annually, driven by three sender profiles: Georgian nationals working in Greek hospitality and shipping (roughly 12,000-15,000 residents), Greek expatriates investing in Tbilisi and Batumi real estate, and SME importers settling invoices with Georgian suppliers. On a typical €1,000 transfer, Greek high-street banks (Piraeus, Eurobank, National Bank of Greece) bundle a €15-25 SWIFT fee with an exchange-rate markup of 2.8-4.2%, producing an effective cost of €43-67. Digital providers compress that to €4-12 — a 70-85% reduction. For monthly senders, the annualized saving on €500 transfers exceeds €350.
What are the transfer fees from Greece to Georgia in 2026?
Total cost on this corridor breaks into two components: the visible fee (typically €0.50-€6.00 for digital providers, €15-€30 for banks) and the FX margin layered on top of the mid-market rate. Banks rarely disclose the markup explicitly — a quoted rate of 2.92 GEL per EUR against a mid-market of 3.02 conceals a 3.3% spread, costing €33 on a €1,000 send. The reliable benchmark is the Reuters/ECB mid-market rate; any provider quoting more than 1.5% below it is overcharging. Always compute the all-in cost: amount received in GEL divided by EUR sent, compared against the live mid-market rate.
Which provider offers the best EUR to GEL exchange rate?
Wise consistently trades within 0.45-0.70% of mid-market for EUR/GEL, charging a transparent variable fee of roughly 0.43% of the principal — the tightest spread on the corridor. Revolut Premium and Metal users get interbank rates on weekdays (with a 1% weekend surcharge), making it competitive for transfers under €5,000. Remitly's Economy tier targets the 0.8-1.2% spread range with a flat €1.99-€3.99 fee, while WorldRemit sits at 1.0-1.6%. Against a Greek bank quoting 3.5%, the cumulative saving on EUR-to-GEL ranges from 3% to 8% depending on amount — €30 to €80 retained on every €1,000 sent.
How long does it take to send money from Greece to Georgia?
Speed varies by rail, not just provider. Wise's Georgian corridor delivers in 0-2 hours for 78% of transfers funded by SEPA Instant from a Greek account, scaling to 1 business day for standard SEPA. Revolut card-funded transfers settle in minutes but carry a 0.5-1.0% card processing surcharge. Remitly Express delivers within 30 minutes at a 0.4-0.6% premium over Economy, which takes 2-4 business days. Use instant rails for emergency or rate-sensitive transfers; choose economy when locking in a favorable rate matters more than speed.
Where does the money land in Georgia?
The two largest receiving institutions are TBC Bank and Bank of Georgia, which together hold roughly 75% of retail deposits, and virtually every major digital provider routes directly to accounts at these banks via local clearing rather than SWIFT — eliminating €10-€25 in correspondent fees. Cash pickup is available through 1,400+ MoneyGram and Western Union locations nationwide, though it adds 1.5-2.5% to the effective cost. Mobile wallet delivery via TBC Pay and BOG Pay is expanding rapidly. Remittances play an important role in Georgia's economy, accounting for approximately 13-15% of GDP, which has incentivized local banks to offer same-day GEL crediting for incoming foreign currency transfers.
What taxes or regulations apply to EUR to GEL transfers?
Standard banking regulations apply for sending from Greece to Georgia: transfers above €10,000 trigger AML reporting under EU Directive 2015/849, and Greek banks may require source-of-funds documentation. Georgia imposes no personal income tax on inbound remittances received by residents, and there is no withholding on transfers below 50,000 GEL per month. Business-purpose transfers exceeding $100,000 USD-equivalent require notification to the National Bank of Georgia within 30 days.
What is the best time to send EUR to Georgia to get the best rate?
EUR/GEL volatility averages 0.6-0.9% daily, with the tightest spreads occurring Tuesday-Thursday between 09:00 and 16:00 CET when both ECB and Tbilisi interbank markets are liquid. Avoid Friday afternoons and weekends — Revolut applies a 1% surcharge, and most providers widen spreads by 0.3-0.5%. Set rate alerts at Wise or XE for thresholds 0.8-1.2% above your target; on transfers above €3,000, even a 50-pip improvement returns €15+. Batch smaller monthly transfers into quarterly sends above €2,500 to access tiered fee discounts of 0.1-0.2%.