Transfer Money to Belgium
Looking to carry out an international money transfer to Belgium from UK? Getting professional advice from a currency transfer broker could mean the difference in you gaining a higher currency exchange rate when purchasing Euro's. Even sending regular payments to Belgium you now have the facility to book your exchange rate in advance which could secure you a better rate of exchange and reduce the risk of currency
fluctuations.
Obtaining the best exchange rate when purchasing a property in Belgium or simply making an international money transfer to Belgium could mean the difference of you securing a 3% better foreign exchange rate than your bank.
Currency in Belgium:
Belgium currency is the Euro. The Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2, 1 and 50, 20, 10, 5, 2 and 1 cents. Avoiding high street banks will improve your exchange rate to Belgium and banks often charge
additional
service charges. One of the main issues with using a bank is that you need to have a bank account with them and in most cases bank counter staff are inexperienced when it comes to giving you advice when sending money to Belgium.
With the foreign exchange companies listed on our site you will get a dedicated account manager to best advice you when doing money transfer giving you crucial market information before you make a decision in timing. Using our website you can see alternatives to banks with a cheaper money transfer to Belgium from UK or sending money to Belgium from USA.
Plus all the money transfer companies listed on this site are regulated by the UK Financial Services Authority (FSA) and have been carefully vetted by Money Transfer to Belgium.
Send Money to Belgium
Money Transfer to Belgium works closely with only the best foreign currency brokers, money transfer companies and banks that are able to offer a money transfer service online or by telephone in Brussels. All providers offer a secure, safe and a better exchange rate to a bank. Why not see how much you can save by using the quick search feature to see how much you can save when sending money from Belgium.
Money Transfer to Brussels
Sending Euros to Belgium bank accounts via a 'Swift' transfer usually takes no more than 24 hours from the UK. To make a transfer to a Belgian bank, you will need the following info.
- IBAN (International Bank Account Number)
- BIC (Bank Identifier Code) or SWIFT code
- Name of Beneficiary (and address if you have it)
- Name of Belgian Bank (and address if you have it)
The IBAN includes various codes, like your branch and account numbers, and is the standard system for sending Euro payments across Europe.
IBANS in Belgium have 16 characters, starting with 'BE' followed by 14 characters, and can usually be found on your bank statement or other paperwork, along with your BIC or SWIFT code. The IBAN should mirror the following format;
IBANS in Belgium Format: BEkk BBBC CCCC CCCC
| B = Bank Code |
C = Account No |
K = Check Digits |
The BIC (Bank Identifier Code) or SWIFT code are made up of 8 or 11 characters and should mirror the following format;
BIC or SWIFT code Belgium Format: BBBBCCLL or BBBBCCLLDDD
B = Bank Code (Only Letters)
C = Country Code 'BE' (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code Optional ('XXX' for Head Office - Letters & Digits)
Belgian Bank Charges
Belgium Banks may charge for incoming international transfers which range from zero to around €30, depending on the receiving and routing banks. Brokers have no control of these charges.
To access live Euro exchange rates, you will need to open an account, for which there is no cost or obligation. You will receive friendly and experienced staff who will guide you through every step of the process, with one point of contact from start to finish. |