Send Money To Netherlands

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Netherlands Flag
Netherlands
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 Netherlands

      How To Step Icon
      Step 1
      Comparison, registration
      Comparison, registration
      Comparing companies that let you send money to Netherlands is important because not all work in the same way. To select the best alternative, you need to consider any specific requirement you might have.
      Then, you need to register as an individual or a business.
      The information you typically need to provide includes your contact details and details from a valid government-issued ID document.
      How To Step Icon
      Step 2
      Going through exchange rates, initiating your transfer
      Going through exchange rates, initiating your transfer
      When you want to send money to Netherlands, take a look at the recent history of EUR exchange rates. This helps you detect any significant fluctuations that might have occurred in the recent past.
      Get started with the transfer process by asking your service provider for a rate quote. The rate you get often depends on the amount you wish to transfer.
      Lock the rate to confirm your transfer.
      Provide the recipient's local bank account details.
      How To Step Icon
      Step 3
      Going through with the transfer
      Going through with the transfer
      Transferring money to Netherlands from overseas happens in two basic steps.
      First, you use any of the available payment methods to pay for your transfer. Next, your service provider transfers the money to the recipient's bank account. Processing time might vary based on your country of residence, the mode of payment, and the receiving bank.
      Most companies provide email or text notifications to inform customers about the progress of their transfers. You may also look for updates on your service provider's website.

      Currency Symbol and Swift Codes

      What currency does the Netherlands use or what currency does Holland use? The Dutch guilder (NLG) was the officially used currency in Netherlands until 2002. Since 2002, the euro (EUR) has been used as the country’s official currency. From 1999 to 2002, the guilder functioned as a subunit of the euro. One euro is divided into 100 cents.

      If you want to transfer money to a bank account in Netherlands, you will need the bank’s SWIFT code. Here are SWIFT codes on some popular banks in Netherlands.

      BANKBRANCHSWIFT CODE
      ING BankAmsterdamABNCNL2ABIN
      ABN AMRO BankAmsterdamABNANL2AMEL
      De VolksbankUtrechtSNSBNL2AXXX
      NIBC BankHen HaagDNIBNL2GTG2

       

      Case Study

      David and his wife planned to take a vacation in Netherlands. He figured he might be able to save some money to getting in touch with the hotel they had selected directly. Upon speaking with the hotel’s manager, he got a reasonable discount. He also got the option of making the payment from Canada, so he did not have to worry about it later. While the total he was required to pay stood at around CAD 3,700, he decided to send CAD 4,000 because he knew there would be additional costs to cover.

      Using his local Canadian bank was an option, but David decided to compare it with a leading overseas money transfer company. The findings of his comparison are listed in the corresponding table.

       BANKMONEY TRANSFER SERVICE
      Exchange rateCAD 1 = EUR 0.5992CAD 1 = EUR 0.6443
      Transfer feeCAD 30CAD 0
      Amound received for CAD 4,000EUR 2,378.84EUR 2,577.20
      Transfer time2 to 5 days1 to 2 days
      Transfer optionsBank accountBank account
      Difference of EUR 198.38

      David was glad he ran a comparison before he made the payment. By using the money transfer company instead of the bank, the hotel ended up receiving close to €200 more, which added to their holiday’s budget.

       

      Cash Pickup Locations in Netherlands

      If you want to send money to Netherlands quickly, transferring it to a cash pickup center is one way to go about the process. Some of the top companies that have agent networks in Netherlands include Ria, Western Union, and MoneyGram.

      RIA IN NETHERLANDS 
      Amsterdam Pinoy Food Quellijnstraat 57h AmsterdamAlmughirah Telecenter V.O.F. Van Woustraat 201 Amsterdam
      Rotterdam Ria Rotterdam 1ste Middellandstraat 56 RotterdamSkyway Communication Nieuwe Binnenweg 319A Rotterdam
      WESTERN UNION IN NETHERLANDS 
      Amsterdam Sarra Phone Burg Van Leeuwenlaan 65 Bd AmsterdamGWK Travelex Kalverstraat 150 Amsterdam
      Rotterdam Gogo Tabak Coolsingel 20 RotterdamThe Gallery Shop Plaza 29 Rotterdam

       

      Safety Tips for Picking Up Cash in Netherlands

      Instances of violent crime in Netherlands are rare. However, petty crimes such as bag snatching and pickpocketing tend to take place in and around Amsterdam as well as other big cities. Tourists are commonly targeted by thieves so it is important that you exercise basic precautions at all times.

      Thieves are known to operate in gangs on trams as well as trains, where distraction is often used as a tactic to divert the attention of victims. Keep your belongings carefully when in restaurants, cafes, bars, or pubs, as they can be stolen when you are not looking. Do not leave jackets or bags hanging from the backs of chairs.

      Some criminals use false police identities to trick foreigners into handing over money and cards. If you encounter such a situation, make sure you ask for identity and check it thoroughly.

       

      What Information Do I Need to Transfer Money to Netherlands?

      You will need to provide different kinds on information when you want to transfer money to Netherlands, and it varies depending on how you want the money to get to the recipient.

      • To a bank account. The information you need includes the recipient’s name and bank account number as well as the receiving bank’s name and SWIFT code.
      • To a cash pickup center. Get the recipient to identify a suitable cash pickup center because you will need to provide this information along with the sender’s complete name. The recipient can collect the money by presenting a valid form of ID along with a transaction or reference number.

       

      Regulations When Transferring Money To and From Netherlands

      As a part of the European Union, Netherlands does not have its own currency controls or regulations. The Financial Intelligence Unit of De Nederlandsche Bank (the central bank of the Netherlands) is responsible for overseeing the country’s payments systems. The European Central Bank (ECB) sets the region’s single monetary policy.

      There is no limit to how much money you may transfer in or out of Netherlands. However, if you transfer more than €10,000 to or from the country, it needs to be declared to the relevant authorities.

      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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