Send Money To Belgium

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Belgium Flag
Belgium
EUR
1 USD equals
0.845 EUR
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

TorFX Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents
$
$
$

low

Fees
72
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • CHAPS (UK only)
  • BACS (UK only)
  • Visa debit card (UK only)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for one-off transfers
  • Circle Check Icon
    Schedule transfers between £500 and £10,000 per month
  • Circle Check Icon
    Use hedging tools to protect yourself against FX fluctuations
  • Circle Check Icon
    No multilingual website

XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
74
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      Currencies Direct Logo
      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      medium

      2-3 days

      Less Information
      +

      Transfer Options

      • Bank transfer
      • Debit card

      Features

      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Schedule transfers easily
      • Circle Check Icon
        Make use of hedging tools
      • Circle Check Icon
        Accepts customers from most countries
      • Circle Check Icon
        Cannot sign up from all states in the U.S.

      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      +

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager

      How to send money to Belgium

      How To Step Icon
      Step 1
      Compare the market leaders, create a new account
      Compare the market leaders, create a new account
      You may send money to Belgium by using the services of various companies. Comparing the top names gives you easy means to select one that works best for you.
      Once you select a suitable company, create a new personal or business account.
      The information you need to part with typically includes details from a valid identity document such as your passport or driver's license.
      How To Step Icon
      Step 2
      Scrutinize Exchange Rates, Begin the Transfer Process
      Scrutinize Exchange Rates, Begin the Transfer Process
      Send money to Austria only after taking a close look at historical EUR exchange rates, as this gives you an indication of the existing market condition.
      Begin the transfer process by getting a rate quote from your service provider. The rate on offer might vary depending on the transfer amount.
      Lock the rate by accepting the quote.
      You will also need to submit the recipient's Belgian bank account details.
      How To Step Icon
      Step 3
      Pay, Transfer, Track
      Pay, Transfer, Track
      Send your payment to your service provider by using any of the available methods.
      The process of transferring money to Austria gets underway once your service provider receives your payment. The recipient stands to receive the money within a specified time period.
      Most companies provide timely updates through their websites and via email/ text notifications.

      Currency Symbol and Swift Codes

      From 1832 to 2002, the Belgian franc was the currency of Belgium. Since the introduction of the euro (EUR) in 2002, it has become the official currency of Belgium. The euro is divided into 100 cents.

      If you wish to send money to someone’s bank account in Belgium, you’ll need the recipient’s complete name, his or her account number, the name of the bank, the Rekeningnummer, the SWIFT/BIC code, and the IBAN.

      Here are SWIFT codes of some popular banks in Belgium.

      BANKBRANKSWIFT CODE
      Aareal Bank AGBrusselsAARBBEB1XXX
      ING Belgium NV/SABrusselsBBRUBEBB010
      Aluxifina SABrusselsAUXIBEB1XXX
      The Bank of New York MellonBrusselsBNYMBEBBXXX

       

      Case Study

      Nicolas had moved to Australia for work, while his ageing parents continued to live in Belgium. They had been financially dependent on him for some time, so he needed to send them money every month. For the first couple of months he used the services of a popular Australian bank. In the third month, upon the advice of a co-worker, he compared his options. The table below indicates what he found.

       BANKMONEY TRANSFER SERVICE
      Exchange rateAU $1 = EUR 0.6028AU $1 = EUR 0.6367
      Transfer feeAU $25AU $0
      Amount received for AU $5,000EUR 2,998.93EUR 3,183.50
      Transfer time2 to 5 days2 to 3 days
      Transfer optionsBank accountBank account
      Difference of EUR 184.57

      Nicolas was going to send AU $5,000 each month, and by choosing the money transfer company over his bank, his parents ended up getting a little extra money every time. Besides, the money transfer company let him schedule his transfers and even lock in exchange rates for up to six months.

       

      Cash Pickup Locations in Belgium

      Sending money to a cash pickup location usually takes precedence if time is of the essence. Fortunately, popular money transfer companies such as Western Union, Ria, and MoneyGram have a presence in Belgium.

      RIA IN BELGIUM 
      Antwerp Ria Oudemansstraat 30 AntwerpenTravel India BVBA Appelmansstraat 26 Antwerpen
      Brussels Ria Rue Veeweyde 7 BrusselsRia Boulevard Anspach 42 Brussels
      MONEYGRAM IN BELGIUM 
      Antwerp Ishtar Sint-Elisabethstraat 52 AntwerpenCardland Offerandestraat 100 Antwerpen
      Brussells Casa Emil Rue Willems 13 Boite A BrusselsMoney International Chaussee De Gand 100 Molenbeek-Saint-Jean Brussels

       

      Safety Tips for Picking up Cash in Belgium

      Instances of petty crime in Belgium are on the rise, so it is best that you exercise some caution when picking up cash from physical locations.

      Do not carry large amounts of cash when you go out, and keep only the cards you need. Avoid carrying your cards, money, and travel documents in the same bag. When possible, leave valuables such as jewelry in the safe of your hotel.

      Remain cautious if you are out late at night, and be vigilant on public transport and train stations.  Instances of mugging and robbing are not uncommon around the Gare du Nord and Schuman (the EU quarter) and the Brussels Gare du Midi/Zuidstation (Eurostar terminal).  Keep an eye out for pickpockets on international trains as well.

      Don’t keep valuables in your car in plain sight even when you are in it, and keep its doors and windows secured. This is because motorcycle borne thieves try to break windows and steal valuables when vehicles come to a halt at traffic signals.

       

      What Information Do I Need to Send Money to Belgium?

      The information you need to provide depends on the chosen transfer method.

      • Bank account. Be ready with the name of the recipient, an account number, and the bank’s name, as well as its SWIFT/BIC code, IBAN, and Rekeningnummer.
      • Cash pickup center. You will need to provide the recipient’s name along with a desired cash pickup location. The recipient will need to provide a valid form of ID and a reference number of collect the transferred money.

       

      Regulations When Transferring Money to and From Belgium

      The Belgian Financial Intelligence Processing Unit (CTIF-CFI) is responsible for processing and forwarding information to combat money laundering. Transactions of EUR 10,000 or more – whether in a single operation or through multiple operations that appear to be linked – typically come under the scanner.

      If you transfer money to Belgium from a country that is part of the SEPA, it is treated as a domestic transfer and no additional charges apply.

      Convert USD to EUR

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      EUR
      Sending money online through specialist money transfer companies.

      Expect to receive between €83.61 and €84.12 when sending money from USD to EUR at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately €80.23, not including additional banking fees. That is an average saving of €3.63.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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