Would you like to make a deposit to the accommodation owner in Greece, but the commission is too high?
There are online services such as Wise and Paysend, through which you can make money transfers to an account in Greece with minimal commission. In short, sending money through these platforms is a safe, fast, and efficient solution for transferring money abroad.

In this guide, we will explain step by step how to make a deposit via Paysend and Wise.

PAYSEND - the most affordable and reliable way to send money to Greece and abroad

You can use this service if you have a bank account and a card.
Simply register and then, with very simple steps, make the money transfer.
The account owner you are transferring to doesn’t need to have a registered account on this platform to receive the money in their account.

What is the commission for depositing through the Paysend service

The commission for depositing a deposit into the owner’s account in Greece up to €150 is fixed at 1.5€, and for amounts larger than that, it is 1% of the total amount.
When sending money, it is essential to specify the exact amount that the owner should receive to avoid charging the owner a commission.
If you have a card, we recommend using this method for sending the deposit, as it is indeed the most cost-effective.

Which cards and in which currency can you use the Paysend service

  • Payment is possible with Visa and Mastercard from any bank except AIK and Dina cards (for Serbia).
  • You can make payments in dinars or foreign currencies (in the currency supported by your card), and Paysend will convert the amount into euros based on its exchange rate.
  • From your card, you can transfer to the owner’s account using the IBAN provided in the instructions.
  • Therefore, when selecting the payment method, you need to choose the payment option from your card to a SEPA bank account, not to the owner’s card.
  • Duration of the process: Money transfer typically takes up to 2 hours.
  • Unfortunately, transfers from Bosnia and Herzegovina are not yet possible.

Step-by-step guide for making a deposit through the Paysend service

To make a deposit in this way, click on the link: https://www.paysend.com/ and register, following these steps:

1. Create your Paysend account

  • Click on the “Sign Up” button and
  • fill in basic information about yourself,
  • you will be asked for your mobile phone number, name, date of birth, and address.

2. Create your first money transfer

  • Click on the “New Transfer” button,
  • choose the transfer method - SEPA bank account,
  • enter the transfer amount and
  • provide payment details for yourself and the recipient (IBAN and name and surname of the account owner, or company name).
  • Be sure to enter the name and surname of the reservation holder in the “Reference” field so the owner knows which reservation the payment is for.

3. Double-check if you are ready

  • Ensure all data is correct and review the transfer amount.
  • If you are satisfied with the exchange rate and transfer fee, confirm the transaction.

4. When the transaction is completed

  • The status of your payment will change from “Payment processed” to “Money sent” or “Successful”.
  • You will need to send us a screenshot from the “Details” section or a PDF document from Paysend showing recipient and sender details, as well as the exact amount received by the owners in euros and the payment status.
  • If you are unable to send it, don’t worry. Just inform us via email that the status of your payment has changed, and we will contact the owners to confirm receipt of the payment.

Common issues our guests encounter:

Sometimes Paysend may reject a payment for unknown reasons or request confirmation of the recipient’s identity.
If the reason is not specified, it is best to contact their customer service to explain why the payment was rejected.
If they require confirmation of the recipient’s identity, it is best to refrain from using that payment method. Based on our experience, even when the owner confirms their identity and provides all necessary information, the payment still fails for some unknown reason.

WISE money transfer service to Greece and abroad

Formerly known as TransferWise, Wise is an online platform for sending money between different countries and currencies, offering favorable exchange rates and commissions.

Wise allows money transfers in 40+ currencies worldwide. The fees for sending money depend on the currencies involved in the transfer and the payment method used (bank transfer, credit card, etc.).
The good thing is that the owner doesn’t need to have an account open for you to send money to their account.

Which cards and in which currency can you use the Wise service

  • Payment is possible with Visa and Mastercard from any bank except AIK and Dina cards (for Serbia).
  • You can make payments in dinars or foreign currencies (in the currency supported by your card).
  • Important: unfortunately, transfers from Bosnia and Herzegovina are not yet possible.

Step-by-step guide for making a deposit through the Wise service

To register and send money via Wise, follow these simple steps:
Visit the Wise website at https://wise.com/

1. Create your Wise account

  • Click on the “Sign up” button in the top right corner of the screen.
  • Enter your email address and password for your Wise account login.
  • Then, select your country and the currency you will use for transactions.

2. Account verification

After entering basic information, Wise will send you an email to verify your account.

  • Click the link in the email to verify your account or enter the code received via SMS.
  • Then, you need to enter your identity details, such as name, address, and date of birth.

3. Sending money (deposit)

Once your account is verified, you can send money

  • Choose the “Send money” option.
  • Select the transfer method - from the card to a bank account.
  • Enter recipient details, such as account number - IBAN and name and surname of the account owner, or company name.
  • Choose the currency in which you want to send money and enter the amount.
  • Make sure to enter the name and surname of the reservation holder in the “Reference” field so the owner knows which reservation the payment is for.

4. Double-check if you are ready

  • Ensure all data is correct and review the transfer amount.
  • It is crucial to enter all recipient account details carefully to ensure the money reaches the correct address.
  • If you are satisfied with the exchange rate and transfer fee, confirm the transaction.

5. When the transaction is completed

After the transaction is completed, you need to:

  • send us a screenshot from the “Updates” section showing the payment status per item or
  • a link to track the transaction, along with a PDF document containing all payment details.
  • If you are unable to send it, don’t worry. Just inform us via email that the status of your payment has changed, and we will contact the owners to confirm receipt of the payment.

6. Duration of the money transfer process

The money will be sent to the recipient’s account within a few hours, depending on the country and currency.

Commission

The fee for sending money through Wise depends on several factors, including the amount sent, the currencies involved in the transaction, and the payment method.
When using Wise, as the sender, you pay a fee for converting money into another currency and a fee for transferring money. Also, check if there are any additional fees that the recipient’s bank may charge.

Common issue our guests encounter:

Sometimes Wise may not accept a payment. If the reason is not stated, it is best to contact their customer service to explain why the payment was rejected.
In any case, if you encounter difficulties with the payment, feel free to contact us via email at nikana@nikana.gr. Our Customer Support will assist you in completing the payment process as soon as possible, and until then, your reservation is secure.

Useful links for your holiday:

Internet in Greece: Buy a Nikana eSIM card and stay connected as soon as you cross the border.
Tourist Guide for Greece: Find out everything about your destination on our website.
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