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Send money to Belgium

Save time and money when sending money to Belgium from Singapore.

Singapore and Belgium have maintained a positive relationship since the establishment of social ties in 1966. This relationship has been strengthened as Singapore has increasingly chosen Belgium as a hub to Europe, making it by far its largest trading partner in Asean. Today, there are over 100 Belgian companies and 1,600 Belgians expats in Singapore. With growing levels of financial activity between the two nations, the need for money transfer options from Singapore to Belgium is a key economic factor.

Compare money transfer services that transfer to Belgium

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 60 1 day SGD 50.00 0.618 EUR
3,060
Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
SGD 5 1 - 2 days EUR 3.00 0.617 EUR
3,085
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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SGD 1 1 day SGD 20.00 0.621 EUR
3,091
Pay no fees on your first two transfers, up to S$3000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
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SGD 2,000 1 day SGD 0.00 0.614 EUR
3,072
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
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SGD 1 1 - 2 days SGD 25.00 0.621 EUR
3,088
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
SGD 1 Same day SGD 3.99 0.617 EUR
3,085
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
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SGD 250 1 day SGD 0.00 0.614 EUR
3,072
Send guarantees to match any competitor's exchange rate. T&Cs apply.
Send has fee-free transfers in 30+ currencies to over 200 countries.
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SGD 200 2 days SGD 25.00 0.618 EUR
3,077
New customers sending over AUD 500 to Australia use code FINDER50 to get AUD 50 off. Valid till 31st May 2021. T&Cs apply. 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.

Money transfer companies versus banks Simon's family - Case study

Simon and his family have recently moved to Singapore to take advantage of a business opportunity. They do like to send monetary gifts to family and friends back in Belgium for special occasions.

This has led Simon to do some research to determine which is the most inexpensive and reliable way to send money from Singapore to Belgium. Simon usually sends gifts of $1,000 SGD, so he compares a money transfer service provider with a bank transfer:

Money transfer serviceBank transfer
Exchange rate1 SGD = 0.59 EUR1 SGD = 0.61 EUR
Transfer fee$70.00 SGD$25 SGD
Amount received in Euro (EUR)589.78610
Transfer timeFew hoursThree to five business days
Transfer optionsCash pick-up, Account depositBank deposit
Difference+20.22

For Simon, he will save money by using the bank over this money transfer service provider both in the exchange rate and in fees. If he needed to send money in an emergency, the transfer service will be faster.

How do I compare transfer companies when transferring money to Belgium?

The case study above demonstrates the importance of comparing a number of features in money transfer options, as well as applying the exchange rate to a larger quantity of money. When you begin to compare your money transfer options, start by looking at the following:

  • Exchange rate. The exchange rate can make a significant difference, even when it looks to be only a few cents. When you apply exchange rates to a larger amount of money, there will be more significant difference in the exchange.
  • Transfer cost. Some companies may offer a lower exchange rate but charge higher fees.
  • Pick up methods. Investigates the various money transfer service providers to see which ones offer cash pick-up or bank deposit, or whichever method is best suited for you.
  • Transfer time. Bank deposits generally take longer than a cash pick up, which could be available in just a few minutes.
  • Transfer methods. You will find that most transfer companies allow for transfers to be processed online or cash transfer at an agency, if that is your preference.

How to send money to Belgium from Singapore

Since Belgium’s currency is the Euro, which is common, you are going to find that there are multiple options available for sending money from Singapore.

The number of options available to you makes it important that you check the features and fees of each one in order to get the most value for your Singapore Dollar. Listed below are a few of the options you will have available to you:

  • WorldRemit. WorldRemit is an online money transfer service provider which charges $3.99 SGD for transfers of up to $9,000 SGD to Belgium. This is a bank deposit only, so you will want to check with the recipient bank to see how much they will charge to accept the transfer.
  • DBS. DBS account holders may send money from their account to one held by a bank in Belgium, with $0 transfer fee.
  • Western Union. Western Union offers you the option of a cash pick up in Belgium or bank deposit.
  • MoneyGram. MoneyGram allows for a cash pick up in Belgium, charging $70 SGD to send $1,000 SGD.

Emergency cash transfers in Belgium

Singaporean visitors to Belgium can also have money sent to them if they lose their wallet or cash:

  • Transfer service companies. A transfer service company that provides the option of a cash pick up can be used by a Singaporean to collect money while in Belgium.
  • Travel insurance. It is always advisable to purchase travel insurance when travelling overseas. Coverage should include an emergency cash replacement if you lose your wallet or it has been stolen.
  • Credit card insurance. If you report that your credit card has been stolen, some companies will provide you with a small amount of cash until the card can be replaced.

Cash pick up locations in Belgium for Western Union and MoneyGram

Listed below are some cash pick up locations in Belgium for Western Union and MoneyGram. Before heading to a pick up agent, make sure that you have your photo identification and the transfer reference number.

MoneyGramBrusselsBrussels
AddressDirect Finance Place
Communale 27
Brussels, 1080
Madina GSM Shop –
Schaerbeek Rue Verte 189
Schaerbeek, 1030
Phone+24119000+497832323
Opening hoursMonday through Saturday
9am to 6:30pm
Open seven days a week
from 9am to 9pm
MoneyGramCharleroiCharleroi
AddressAgence MoneyGram Charleroi Neuve
Rue Neuve 45
Charleroi, 6000
Voyages-Guzel
Avenue Jules Henin 22
Charleroi, 6000
Phone+71316615+71327525
Opening hoursMonday through Saturday
9am to 7pm
Monday through Saturday
9am to 7pm
Western UnionBrusselsBrussels
AddressChange Goffin
Rue Marche Aux Herbes 88
Agence Dediee Western Union
Brussels, 1000
Mohamed Food
Diksmuidelaan 19
Brussel, Brussels 1000
Phone+32-080099269+32-486755070
Opening hoursMonday through Saturday
10am to 7pm
Monday through Saturday
8:30am to 6pm
Western UnionCharleroiCharleroi
AddressSahin
Rue Neuve 11
Charleroi, Hainaut 6000
Kucuk Shop
Boulevard Paul Janson 25
Charleroi, Hainaut 6000
Phone+32-485868766+31-71587550
Opening hoursMonday through Saturday
10am to 6pm.
Sunday 10am to 2pm.
Monday through Saturday
10am to 6pm.

Tips for picking up cash in Belgium

The Singapore Ministry Foreign Affairs and Trade advises that tourists travelling to Belgium exercise normal safety precautions. Still, it is important to be vigilant when travelling to a cash pick up location. Know the hours ahead of time, plan safe transportation, and head back to your lodging immediately once the money has been received.

How to send money to Belgium

If you are planning on sending money using a cash pick up option, it is important that you and your beneficiary be aware of the following:

  • Full name. As a security precaution, the full name for the recipient must match the name printed on their photo identification exactly.
  • Transfer number. The sender will be provided with a transfer number. This number must be relayed to the pick up agent before funds are released.
  • Transfer amount. For further verification, the beneficiary may be asked the amount that was sent and/or the sender’s full name and location.
  • Verification question. Some companies may also offer an additional security option where the recipient is asked to answer a question given by the sender.

Any paperwork that you receive when transferring money from Singapore to Belgium should be kept until it is verified that your beneficiary has received the full funds. This will be necessary in the event that you wish to lodge a dispute.

Compare the best money transfer services for Belgium

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