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How to send money to Belgium

Want to send an affordable money transfer to Belgium? Here’s how to find the best exchange rates and lowest fees.

Updated

Fact checked
When​ ​you​ ​need​ ​to​ ​get​ ​money​ ​to​ ​friends or family in Belgium you don’t have time to deal with a complex and costly process.​ ​Sending​ ​money from​ ​the​ ​United​ ​States​ ​to​ your bestie in Brussels or your auntie in Antwerp​ ​doesn’t​ ​have​ ​to​ ​be​ ​expensive.​ ​Compare​ ​the transfer​ ​fees​ ​and​ ​exchange​ ​rates​ ​of​ ​the​ ​options​ ​available​ ​to​ ​you​ ​to​ ​get​ ​the​ ​best​ ​deal.

Send money to Belgium with OFX

No-maximum limit transfers with competitive exchange rates for 100+ currencies.

  • Support for 55+ major and exotic currencies
  • Competitive rates and no transfer fees
  • Multiple transfer options include forward contracts and limit orders
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Compare money transfer services to Belgium

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Belgium with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 0.874 EUR 4,370 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.874 EUR 4,370 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1 Same day USD 0.00 0.879 EUR 4,394 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 2,000 1 day USD 0.00 0.874 EUR 4,370 $0 transfer fees with rates at never more than a 2% markup. Go to site Show details
USD 0 1 - 2 days USD 1.99 0.865 EUR 4,324 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
USD 1 1 - 2 days USD 40.00 0.883 EUR
4,379
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour USD 3.99 0.879 EUR 4,392 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. 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.

How do international money transfers work?

An international money transfer allows you to send money to friends, family and businesses overseas. Generally, it involves you sending cash or money from your bank account to an intermediary transfer service or bank, which then exchanges and sends the money to your recipient in another country — in this case, Belgium.

Depending on the provider, you can initiate a money transfer in person, online or by phone. Your cash or bank account transfer is then either deposited into your recipient’s bank account or made available as cash for pickup at a location in their country.

Banks versus money transfer companies

You might think that your bank would be the best place to go when you want to send money to Belgium — but you’d be wrong. While banks can easily handle international wire transfers, especially when you’re sending a currency as common as the euro, they offer quite low exchange rates and regularly impose high fees.

You can save a significant amount of money, and ensure that your recipient gets a whole lot more, if you send your funds via a specialist money transfer company. These companies usually offer exchange rates far superior to the banks and also charge much lower fees.

Case Study: Lionel sends money to Belgium

Lionel is spending two years working in LA for a production company, but he stays in regular contact with his elderly parents back home in Gent, Belgium. His parents need some funds to help pay off a debt to a previous landlord, so Lionel plans to send them $1,000 from the United States. Rather than approach his bank, he compares two money transfer companies to see which one can save him money on his transaction.

Money transfer company 1Money transfer company 2
Exchange rate1 USD = 0.89 EUR1 USD = 0.90
Transfer fee$4$5
Transfer methodBank account depositBank account deposit
Processing time1-3 business days3 business days
Amount received (in EUR)890 EUR900 EUR

As you can see, while the transfer fee is slightly higher for the second company, it allows Lionel to send an extra 10 euros to his parents.

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How to compare transfer companies when transferring money to Belgium

  • Exchange rates. Does the provider offer competitive exchange rates when compared to other companies?
  • Fees. How much will it cost you to send a transfer? Can you avoid fees altogether by sending a large amount?
  • Transfer methods. What options are available for placing a transfer: online, over the phone, in a branch ofie? Is there an app available?
  • Transfer options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
  • Turnaround time. How long will it take for the funds to arrive in your beneficiary’s bank account or wallet?
  • Minimum limit. Are there minimum or maximum transfer limits in place that could restrict your transaction options?
  • Pickup methods. Can the cash you send be picked up from a transfer agent in Belgium, or will the funds be transferred straight into a bank account?
  • Customer service. Will adequate customer support be available if you ever have a question or need help?

Steps to send money to Belgium

  1. Choose a transfer provider who sends money to Belgium
  2. Register with the provider on their website providing your name, address, contact information and date of birth. A valid photo ID will also be required.
  3. Provide your recipient’s name, address and contact details. Depending on the transfer method you may also have to supply their bank account information.
  4. Enter the amount you want to transfer, complete your transaction and save your tracking or receipt number to follow up on the progress of your transfer.

Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. The euro’s exchange rate is flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Currency exchange rate for Belgium

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Options for sending money to Belgium from America

  • Bank transfers. Any major U.S. bank can easily transfer euros overseas for you.
  • Online money transfer providers. There are plenty of reliable online providers offering affordable transfers.
  • Checks. International checks provide safe and secure transfers but are quite slow.
  • Money transfer companies with cash pickup options. Western Union and MoneyGram are the two largest operators of worldwide transfer networks.
  • PayPal. Don’t just use your PayPal account to make purchases eBay; use it to send money transfers as well.

Emergency cash transfers in Belgium

Do you need to send an emergency cash transfer to Belgium? Maybe you need to send an urgent transfer to a friend who is vacationing in Belgium and has had their wallet stolen?

There are several companies that can get your funds to Belgium within minutes, but just be wary of the fact that you will need to be willing to pay a bit extra for this service. High fees and sometimes lower exchange rates will apply, so check the fine print closely before committing to a transaction.

Tips for picking up cash in Belgium

  • Phone ahead to confirm the transfer agent’s location and opening hours.
  • Don’t visit an agent in an unsafe area.
  • Avoid picking up cash at night if possible.
  • Keep your cash hidden and don’t wave it around in public.
  • Avoid carrying the cash on your person for any longer than is necessary.
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2 Responses

  1. Default Gravatar
    MichealOctober 10, 2017

    First question is how many days will it take me to receive a money sent to my PayPal account from Belgium and second is how can I transfer the money to my bank account so that I can withdraw the money? Please I need an easy and fast way of receiving the money, thanks.

    • Default Gravatar
      JonathanOctober 11, 2017

      Hello Michael,

      Thank you for your inquiry.

      Standard turn around time of 3-5 business days for the funds to be cleared on your PayPal, and another 3-5 business days from PayPal to your bank account. As for the transferring of your money to the bank account, you can do this by linking your bank account to your PayPal account.

      Please take note that your bank information is not stored in PayPal system and is used to match up with your banking institution to confirm ownership. Once this information is entered correctly, your bank account will be confirmed instantly.

      Hope this helps.

      Cheers,
      Jonathan

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