Peanut in Germany — Send Money Abroad for Less
Deposit for free via SEPA from any German bank. Send money to Argentina, Brazil, and 40+ countries at the real market rate. No fees.
Germany is fully connected to Peanut through SEPA. You can deposit euros from any German bank account for free — 90% of SEPA deposits arrive in under 20 minutes. Once funded, you hold a digital dollar balance that you can send to anyone, anywhere, or spend locally when you travel.
Germany is one of the largest sources of outbound tourists globally. Buenos Aires is popular with German remote workers and travelers. Brazil attracts German tourists to Rio de Janeiro, Sao Paulo, and the northeast coast. Whether you are planning a trip, sending money to a contractor in Latin America, or supporting family abroad, Peanut gives you a single app that moves your money at the real market rate with no fees.
How It Works
- 1
Deposit via SEPA
Transfer euros from your German bank account to your Peanut account. SEPA deposits are free and 90% arrive in under 20 minutes. If your bank supports SEPA Instant, deposits arrive even faster.
- 2
Your balance stays in digital dollars
Your euros convert to digital dollars at the market rate. Your balance stays in dollars until you spend — no currency fluctuation between deposit and payment.
- 3
Send money anywhere
Send to anyone via Peanut Links. The recipient claims the funds and withdraws locally — via Mercado Pago in Argentina, Pix in Brazil, bank transfer, or cash at an ATM.
- 4
Spend when you travel
Traveling to Argentina? Pay at over 1,000,000 merchants via Mercado Pago QR. Visiting Brazil? Pay with Pix. Your digital dollars convert at the real market rate at the moment of payment.
What You Can Do from Germany
Send Money to Argentina
Buenos Aires is a popular destination for German digital nomads and travelers. The cripto dólar rate gives you approximately 5-10% more pesos per euro than what credit cards or traditional bank transfers deliver. Deposit via SEPA from your German bank, and the recipient in Argentina spends instantly via Mercado Pago at over 1,000,000 merchants — or withdraws cash from ATMs. No DNI required.
Send money from Germany to Argentina
Send Money to Brazil
Brazil attracts German tourists to its beaches, cities, and cultural events. Send money via Peanut and the recipient pays with Pix instantly. No CPF required. Traditional transfers to Brazil are subject to the IOF tax — Peanut bypasses that entirely.
Send Money Anywhere
Peanut supports deposits and withdrawals in 40+ countries. Send digital dollars to anyone via Peanut Links — the recipient claims the funds and withdraws locally in their currency. Whether you are paying a contractor, splitting costs with friends abroad, or supporting family, the process is simple: deposit from your German bank, send instantly, recipient withdraws locally.
Exchange Rate and Fees
Peanut charges no fees on deposits, transfers, or withdrawals. SEPA deposits from Germany are free. Sending money is free. The recipient spending via local payment systems is free.
Your euros convert to digital dollars at the market rate via SEPA. When the recipient spends in Argentina, the digital dollars convert to pesos at the cripto dólar rate — approximately 5-10% better than the rate credit cards and traditional bank transfers use. In Brazil, digital dollars convert to reais without the IOF tax that applies to traditional transfers.
For full details, visit the pricing page.
Who Uses Peanut from Germany
Travelers to Latin America
If you are heading to Buenos Aires, Patagonia, or Brazil, Peanut saves you money on every transaction. Deposit euros via SEPA before your trip, and pay like a local from the moment you arrive. No DNI in Argentina, no CPF in Brazil — just your passport. German credit cards typically charge 1-3% in foreign transaction fees on top of an unfavorable rate. Peanut eliminates both.
Digital Nomads
Germany's remote work community is active across Latin America. Whether you are based in Buenos Aires, Medellin, or Sao Paulo, Peanut gives you access to local payment systems without the paperwork locals had to go through. Pay your rent, settle up with friends, and handle daily expenses at the real rate.
Remote Workers Paying Contractors
If you work with contractors in Latin America, Peanut simplifies payments. Send money directly — the recipient gets local currency at the real rate. No wire transfer fees, no multi-day waits, no intermediary banks taking a cut.
Getting Started
Verification
Peanut uses passport or national ID verification. Your Personalausweis (German national ID card) works perfectly. The process takes under two minutes for most users. Upload a photo of your ID and take a quick selfie. Your identity documents are handled by a certified third-party verification provider — Peanut never sees or stores your documents.
Deposit from Germany
SEPA bank transfer is the recommended deposit method from Germany. Free, fast, and available from every German bank — whether you bank with Deutsche Bank, Commerzbank, N26, or any other institution. Transfer euros to Peanut's SEPA details using the reference number provided in the app. 90% of deposits arrive in under 20 minutes.
You can also send digital dollars from any exchange on Solana, Arbitrum, Base, Tron, Polygon, Avalanche, or Ethereum — all deposits are free and arrive in minutes.
No hard spending limit for users in Europe. Transactions above $100,000 are reviewed manually.
