Best ways to make a money transfer? Here are the best ways to transfer money in Belgium. You can transfer money by either using either of these money exchange companies depending on the margin they take.
1) MoneyCorp: If you will use this foreign exchange company for money transfer then at 0.50% margin rate for transferring EUR 100,000 you will get 113,081.
2) ClearFX: If you choose clearFX company for money transfer then at 1% margin rate for transferring EUR 100,000 you will get EUR 112,513.
3) EasyFX: You can select this company for money transfer then at 2% margin rate for transferring EUR 100,000 will get you EUR 111,376.
4) FC Exchange: This company allow you to transfer money at 1.5% margin rate so transferring EUR 100,00 will get you EUR 111,944.
5) First Direct Bank: Through First Direct bank you can transfer money at 5% margin rate so transfering EUR 100,000 will get you EUR 107,967.
It is also important to note that OnlineFX and PersonalFx are both not regulated by FCA(Financial Conduct Authority.
If you are making regular money transfer to Belgium it is advised that you send regular payment abroad using foreign exchange broker to ensure you get most out of your exchange rate.
Credit cards are accepted for online transfer in Belgium so you can make transfer with Visa, MasterCard as well as other credit card including Euro cheque card.
In Belgium, it is possible to exchange currency at most banks as well as exchange bureaus. In most banks when you are exchanging currency passport will be essential so if you don't have this then bank will decline to exchange the currency.
So to send money to Belgium you must have a currency trading account. Opening of currency account is simple and free all you need to do is fill an online application form which will produce an ID. Once account created you can then decide to choose the amount you want to exchange and the date. So if confirmed it will then be booked where then you have to produce the funds and transfer to their banks. After funds are cleared the amount will be transferred and confirmation is sent to you and recipient.
Need to transfer money to Belgium see foreign exchange companies offering the best currency deals. Even if you are sending money to pay your mortgage, Importing or exporting or money to paying oversea suppliers? No matter who you intend to pay use a foreign exchange broker it is cheaper than using high street banks.
The Euro (EUR) is now the official currency of Belgium. Belgium's prior currency, the Franc, has now been phased out as legal tender and is no longer accepted.
Currency Denominations for Belgium?
Euro Note Currency 5.00 Euro's - 10.00 Euro's - 20.00 Euro's - 50.00 Euro's - 100.00 Euro's - 200 Euro's and 500 Euro's
Change Currency in Belgium?
1 Euro Cent - 2 Euro Cents -1.00 Euro Coin - 2.00 Euro Coin - 5 Euro Cents - 10 Euro Cents - 20 Euro Cents and 50 Euro Cents
Making regular transfers to Belgium -It is advised that if you are sending regular payments abroad you should use a foreign exchange broker to ensure you get the most out of your exchange rate. Sending Money Abroad.
Credit Cards accepted in Belgium?
The following credit cards are accepted MasterCard and Visa as well as others major credit cards including Euro cheque cards. Always check with your credit card company for details of merchant acceptability and other services which may be available before you go on holiday or travel abroad / overseas
Traveller's cheques for Belgium?
Traveller's cheques are accepted in all banks and bureaus, though to avoid any extra service charges it is recommended that the cheques are in either US Dollars, Pounds Sterling or Euros. ATMs are available in most towns. Electricity - 230 Volts, 50 Hz.
Currency restrictions - There are no restrictions on the import and export of either local or foreign currency. Currency can be exchanged at bureau de change, hotels, airports, railway stations, banks, travel agencies and some restaurants throughout Belgium.
Bank Opening Hours - Mon-Fri 0900-1600.
In Belgium, you can exchange your currency at most Banks as well as many exchange bureaus that you will find in popular areas, such as Antwerp, Bruges, Charleroi, Ghent, Liege. In most banks when you are exchanging currency, you will need your passport. If you do not have this with you, then the bank may refuse to exchange your currency.
Money Transfer Services in Belgium?
So to send money to Belgium you need to have a currency trading account. Opening one is simple and free, where you just complete an online application form and produce suitable ID. Once done you can then agree the amount you want to exchange and the date. Once confirmed it will then be booked where you then need to produce the funds and transfer to their bank. Once funds are cleared the amount will then be transferred and conformation sent to you and recipient.