Compare Beobank euro currency transfer options to/from Belgium. You can beat Beobank euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Beobank account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 3.6% and additional bank transaction or commission fees may apply.
Beobank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Beobank account in Belgium needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euro (EUR) using Beobank services would have a transaction exchange rate margin of around 3.6% – or 3,600 EUR. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 EUR in total, which is a large saving over the bank service.
International money transfers from Beobank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Beobank account holder to use their services. Beobank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000.
Unless you pay a premium, Beobank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Beobank was created in 1919 and is a Belgian bank owned by the French banking company Credit Mutuel. Beobank serves it’s local customer base of around 500,000 individuals through a network of around 200 banking branches across Belgium.
Find Beobank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Beobank branches in your search area results.
You can find answers to everyday banking questions at Beobank online. If you can’t find the answer you’re looking for, you can call them from outside Belgium on +32 (0) 78 170 170
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers