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How to send money to the Netherlands

The safest and most cost-effective ways of sending money to friends and family in the Netherlands from Hong Kong.

An international money transfer service are the middle men when it comes to sending money overseas. You open an account with a money transfer service, deposit funds into the account from your everyday bank account, provide the money transfer service with the details of your recipient and the money transfer service will do the rest.

A money transfer service will get you a better exchange rate than the banks, and usually charge much lower fees. Our infographic on this page outlines the process.

Send money to the Netherlands with Wise

以透明的匯率,低收費及低最低金額的網上服務作匯款。
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.

  • 受政府監管。Regulated by government agencies
  • 支援超過45+種貨幣。Supports 45+ currencies
  • 使用中端市場匯率。Uses mid-market rate
Promoted

There are lots of companies and banks that offer money transfers to the Netherlands, and by comparing exchange rates and fees, you can find the best deal for your next transfer.

Compare international money transfers to the Netherlands

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 60 1 day HKD 0.00 0.11 EUR
1,104
Skrill能令你輕鬆匯款至多個熱門目的地,可是要留意其加上的手續費。 Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
USD 10 1 - 2 days HKD 90.00 0.111 EUR
1,098
以透明的匯率,低收費及低最低金額的網上服務作匯款。 Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
SGD 1 1 day HKD 48.00 0.111 EUR
1,103
你首兩次港幣$15,000或以下的匯款,手續費全免。Pay no fees on your first two transfers, up to HK$15,000.
象徵式收費以及中間價匯率,可匯款至高達30多個國家。 SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
USD 10 1 - 2 days HKD 25.00 0.11 EUR
1,094
新客戶可享有首三個月無限次免手續費匯款。New customers get 3 months of unlimited free transfers.
可用15+種貨幣匯款,享有超越銀行的匯率以及快速轉賬時間。 CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
USD 50 1 day HKD 35.00 0.111 EUR
1,104
獨家優惠:使用代碼FINDER10,你的頭一次匯款即能享有$10美元折扣。Use code FINDER10 to receive US$10 off your first transaction.
InstaReM 提供簡單的匯款服務,大部分的匯款劃一收取0.5%的手續費。InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers.
Go to site Show details
USD 1 Within an hour HKD 20.00 0.11 EUR
1,101
使用優惠代碼FREE,你的首次匯款即可享免手續費。條款及條件適用。Use promo code FREE to send your first transfer with no fee. T&Cs apply.
提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
GBP 5,000 1 - 2 days HKD 0.00 0.109 EUR
1,091
可匯款至20+個國家,無手續費。 CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace. Go to site Show details
USD 2,000 1 day HKD 0.00 0.109 EUR
1,091
TorFX保證提供最佳的匯率。需受條款約束。TorFX guarantees to match any competitor's exchange rate.
以30種貨幣匯款到全球。登記後,將會有一個客戶經理提供支持和引導。 TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What’s the best way to send money to the Netherlands?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to the Netherlands. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you’ll typically face higher fees and weaker exchange rates when going that route.

Digital money transfer services

Companies like WorldRemit and OFX specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient’s Dutch bank account, often in as little as a day or two.

Cash transfers

Services like MoneyGram and Western Union allow you to transfer cash for pickup at a local branch in the Netherlands— often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees.

Banks

the Netherlands uses the euro. The euro is a popular currency, so your local bank may be able to exchange them. If your bank supports the euro, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to the Netherlands.

Let’s crunch the numbers: Sending $10,000 to the Netherlands

Let’s say you need to send $10,000 to family in the Netherlands. Here’s what you might face as far as fees and exchange rates as of 13 Dec, 2020.

Digital money transfer serviceCash transferBank transfer
Fee49.80 HKD8.00 HKD$65 + additional correspondent bank fees
Exchange rate1.00 HKD = 0.106295 EUR1.00 HKD = 0.1055 EUR1 HKD = 0.09282 EUR
Transfer speed1 dayMinutes2-5 days
Amount received1,057.66 EUR1,054.57 EUR922.15 EUR
Verdict
  • Best value
  • Fastest
  • Slowest and most expensive

The bank option ends up being both the slowest and gets the smallest amount of money to your recipient in the Netherlands. If you go with the digital money transfer service, your recipient ends up with 135.51 EUR more than the bank offers. If speed is crucial, or your recipient wants to pick up cash, a cash transfer can typically have your transfer to the Netherlands in as little as an hour. Confirm there is a cash pickup location near your recipient before sending.

How to send money to the Netherlands online

Sign up and send money with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and preferred payment method.
  2. Provide transfer details. Submit your recipient’s contact information and pick a delivery method. If transferring to a bank, you’ll need their Dutch bank account information.
  3. Confirm transfer details. Double-check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt’s confirmation number to track the progress of your transfer to the Netherlands. Some money transfer providers send a text or email when your transfer is complete.

What are the ways that I can send money to the Netherlands

  • Bank transfers. Many major banks will allow you to send money to the Netherlands.
  • Money transfer providers. Providers like CurrencyTransfer can help you quickly and easily transfer your money online.
  • Providers with cash pickup. Western Union and MoneyGram allow you to send funds for cash pickup at agent locations.
  • PayPal. Electronic payment giant PayPal allows you to send money from the HK to the Netherlands.
  • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or HK Post.

How to get the most out of your money transfer to the Netherlands

Weigh costs and fees against convenience to learn how to compare money transfer providers that send to the Netherlands to best meet your needs:

  • Exchange rates. The HKD-EUR relationship fluctuates often, so using a service that allows you to lock-in exchange prices may help you save money down the line if the euro rises against the HK dollar.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger HKD-EUR exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of euros you’re sending to the Netherlands.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to the Netherlands.
  • Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you’re sending is a valid strategy for saving money.
  • Transfer methods. Whether you want money sent to a Dutch bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

Emergency cash transfer to the Netherlands

When urgency trumps cost to get your money to the Netherlands quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

How to send money to the Netherlands without a bank account

Cash transfer services can help you if you’re unbanked or marginally banked. If you don’t have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

the Netherlands’s exchange rates explained

The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weaker currency. the Netherlands’s exchange rate is flexible compared to the HK dollar, and the HKD-EUR relationship typically changes daily. Factors that influence the exchange rate include interest rates, economic stability and inflation.

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Updated: 27 Oct 2021 03:25:28 UTC

Documents needed for sending to and receiving money in the Netherlands

To send money to the Netherlands from Hong Kong, you’ll need government-issued ID and other documents, while documents needed to pick up money in the Netherlands may differ by company.

Documents to send money from Hong Kong

To send money from HK to the Netherlands, you’ll need documentation and details that include:

  • Identification. Most services require a driver’s license, passport or other government-issued ID.
  • Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
  • Recipient information. Submit your recipient’s name as it appears on their ID, along with their phone number and Dutch bank account information.

Documents to receive money in the Netherlands

To pick up money in person, documentation can include:

  • Transfer number. The person sending you money can forward the transfer’s confirmation details — called a PIN, an MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID. An Dutch Passport, Dutch ID or similar official ID that is valid in the EU may be required to pick up your transfer.
  • Amount sent. You may need to know how much was sent, usually within 10% of the total.
  • Sender’s information. Take along your sender’s full name, the sending country and their address, if known.

Bottom line

Sending your hard-earned money to the Netherlands shouldn’t cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.

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