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How to send money to Luxembourg

Find out how you can save money and enjoy fast transfers when you send money to Luxembourg from Singapore.

Singapore and Luxembourg share a healthy bilateral relationship. Ties between these two nations focus primarily on multilateral issues in the UN Security Council, the World Trade Organisation as well as international disarmament negotiations. In 2017, both countries signed a bilateral agreement on the exchange of tax information to deepen cooperation in areas of “green finance”, alternative investment funds and emerging sectors like fintech. With growing trade opportunities, there will certainly be more cross-border money transfers between Singapore and Luxembourg.

Compare Money Transfer Services

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
SGD 1 1 - 2 days SGD 50.00 0.639 EUR
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
SGD 2,000 1 day SGD 0.00 0.637 EUR
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 day SGD 40.00 0.639 EUR
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 250 1 day SGD 0.00 0.637 EUR
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 5 1 - 2 days SGD 3.00 0.636 EUR
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 250 1 day SGD 0.00 0.637 EUR
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
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SGD 200 2 days SGD 50.00 0.634 EUR
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers.
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Compare up to 4 providers

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

Instances of people wanting to send money from Singapore to Luxembourg are not uncommon. Here’s the help you need in picking the right option.

Banks versus money transfer companies

David Schmit first visited Singapore as a teenager. Ever since, he wished to relocate to this country. Now that he’s here and has a steady job, he wants to send some money back home, to his mother who lives alone. He plans to send around $1,000 every month.

He has a bank account with a prominent bank in Singapore. While he can use its services to send money to Luxembourg, he thinks he might be able to get a better deal. He goes online to compare his options. This is what he finds.

Singapore bankMoney transfer service 2
Exchange rateSGD1 = EUR0.6101SGD1 = EUR0.6167
Transfer fee$25$5.98
Amount received for $1,000EUR594.85EUR612.90
Transfer timeTwo to five daysOne day
Transfer optionsBank accountBank account
Difference ofEUR18.05

When compared to his bank, the money transfer company resulted in a more profitable transfer. Besides, the funds also reached his mother sooner. Hence, it was no surprise that David chose to make the transfer with the money transfer company.

How do I compare transfer companies when transferring and receiving money via Luxembourg?

While money transfer companies tend to rate better than banks in the field of international fund transfers, not all are equally good. When comparing your options, pay attention to these factors:

  • Exchange rate and fees. A money transfer company may offer highly competitive exchange rates, but it may charge high fees to compensate for the same. The reverse holds true as well. This is why you should ideally look at how much money the recipient will receive at the end of the transfer.
  • Ways to send money. The most financially viable option might not be the most convenient. Most banks and some money transfer companies let you send money to Luxembourg in person. Some of these businesses let you transfer funds over the phone. You can also find money transfer companies that offer their services only through the Internet.
  • Ways to receive money. The recipient can get money directly into a Luxembourgian bank account. Another option is to collect the transferred money by visiting a cash pickup location.
  • Turnaround time. The quickest way to send money to Luxembourg is to get the recipient to collect money at a cash pickup location. These transfers can happen almost instantly. If you’re transferring money to a Luxembourgian bank account, the turnaround time depends on the transfer company you use.
  • Using the same bank. If you and the recipient have accounts with the same bank, using its services to transfer funds can be to your advantage. This would be through reduced fees and a quicker turnaround time.
  • Minimum amounts. While some money transfer companies have no minimum transfer limits in place, some don’t provide transfers for amounts less than $200, $500 or $1,000.
  • Transfer options. If you plan on sending money to Luxembourg periodically, you should ideally look for a company that lets you make scheduled payments. Some also offer forwards contracts and market orders.
  • Customer service. If you need to contact a company representative for any reason, you should be able to do so online as well as over the phone.

How do I send money to Luxembourg from Singapore?

You can send money from Singapore to Luxembourg using different methods, through banks or non-banking institutions:

  • Banks. Check with your bank to find out if it lets you send money to international bank accounts. If it does, you may be able to initiate the transfer online, over the phone or in person. If you have a chequebook, you can consider sending a cheque via mail. Buying a money order from a bank and mailing it is another option.
  • Non-banks. Money transfer companies such as Western Union and MoneyGram let you send money to Luxembourg, in person or online. The recipient can receive the funds in a bank account or at a cash pickup location. You can use the services of PayPal to send money to Luxembourg. Opening a PayPal account takes little time and does not cost any money.

How do I receive money from Luxembourg in Singapore?

Getting money from Luxembourg to Singapore is not difficult. Your options include:

  • Banks. If you have an operational bank account you can get the funds into your bank account directly. The sender can do this using a bank or a money transfer company. You can also receive bank issued money orders and cheques by mail. Once you do, simply deposit them in your bank account.
  • Non-banks. Non-banking businesses such as Western Union and MoneyGram have numerous cask pickup centres across Singapore. They let you collect cash transferred from Luxembourg. Using PayPal to receive money is also an option. After the money gets to your PayPal account, withdrawing it into your bank account is simple.

Emergency cash transfers in Luxembourg

Losing your wallet or money in a foreign land can be daunting. If this happens when you’re visiting Luxembourg, make sure you cancel your debit and credit cards as soon as you can. You can then think about getting some emergency money in these ways:

  • Cash pickup. Can you get a family member or friend to send you some money? If so, locate the nearest cash pickup centre. Pass this information to the sender. Remember that you’ll need to show a valid ID to collect the cash.
  • Cash advance. If you have a Visa, Mastercard or American Express credit card, you can visit a local participating bank to get some emergency money.
  • Travel insurance. With the right kind of travel insurance cover, you can get funds to deal with a variety of situations that include medical emergencies as well as flight delays and cancellations.

Cash pickup locations in Luxembourg / Western Union / MoneyGram branches in Luxembourg

Western Union and MoneyGram have several locations spread across Luxembourg. When you’re going to collect cash from any such location, remember to take the reference number with you. You’ll also need to provide an acceptable form of ID such as your passport or driver’s license. If the transfer involves a large sum, you may want to call ahead of time to check for availability of funds. Here are some cash pickup locations in Luxembourg:

Western Union

Luxembourg City

  • Bonte Plus
    38 Rue Sainte Zithe
    Luxembourg, L 2763
    Open 10:00am to 9:00pm Monday to Friday, 10:00am to 8:00pm Saturday, 10:00am to 9:00pm Sunday
  • Manmar Service Sarl
    38 Rue Joseph Junck
    Luxembourg, L 1839
    Open 10:00am to 9:00pm Monday to Saturday, 2:00pm to 8:00pm Sunday

Esch Sur Alzette

  • PC & Phone Service S A
    20 Rue Zenon Bernard
    Esch Sur Alzette, L 4030
    Open 9:00am to 8:00pm Monday to Saturday, closed on Sunday
  • P and T
    Coin Rue Z Bernard Rue X Bras
    Eschcentre, L 4001
    Open 7:00am to 7:00pm Monday to Friday, 9:00am to 6:00pm Saturday, closed on Sunday


Luxembourg City

  • Call Home
    6 Boulevard D Avranche
    Luxembourg City, L 1160
    Open 10:00am to 10:00pm Monday to Sunday
  • Linkz Business Center
    2 Place Leon XIII
    Luxembourg, L 1929
    Open 9:00am to 9:00pm Monday to Sunday

Esch Sur Alzette

  • Ettel Phone
    17 Avenue J-F Kennedy
    Ettelbruck, 9053
    Open 10:00am to 9:30pm Monday to Saturday, 11:00am to 9:00pm Sunday
  • Exotic Shop
    1 Rue de l Ecole Agricole
    Ettelbruck, L-9016
    Open 10:00am to 9:00pm Monday to Sunday

Tips for picking up cash in Luxembourg

Most visits by foreign nations to Luxembourg remain trouble-free. However, scam artists can target foreign visitors and local residents alike, leading to considerable financial loss. There has been an increase in reports of burglaries by people who’ve moved into the countryside. Crimes in these regions tend to take place around holiday periods.

There have been instances of pickpocketing, especially at the main bus and train stations. Thefts and pickpocketing take place in hotel lobbies, especially in the Findel area. It is in your best interest to keep your bags within sight at all times. Avoid displaying expensive items.

What are the steps to send money to Luxembourg?

The steps involved in sending money to Luxembourg can vary depending on the method you select:

  1. Transferring to a bank account. You’ll have to provide the recipient’s name, account number, bank’s name and bank’s SWIFT code. If you’re using your bank’s services, you should be able to transfer money using its online banking platform. If you’re using a money transfer company, you’ll need to provide your bank account, debit card or credit card details.
  2. Cash pickup. If you’re sending cash in person, you’ll have to provide the recipient name along with a desired cash pickup location or the recipient’s bank account details. If you’re sending money online, you’ll need to provide your contact details as well as your bank account, debit card or credit card details.

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