Compare NORD/LB euro currency transfer options to/from Germany. You can beat NORD/LB 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 NORD/LB bank account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 2.5% and additional bank transaction or commission fees may apply.
NORD/LB 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 NORD/LB bank account in Germany 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 NORD/LB bank services would have a transaction exchange rate margin of around 2.5% – or 2,500 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 NORD/LB could take longer to arrive than using a private currency exchange provider and you will also need to be an existing NORD/LB bank account holder to use their services. NORD/LB 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, NORD/LB’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.
NORD/LB (The Norddeutsche Landesbank Girozentrale) was created in 1970 and is a German Landesbank, being one of the ten biggest banks in Germany. Its registered offices in Hanover, Magdeburg and Braunschweig prove that the bank has retained its roots in the federal states of Lower Saxony and Saxony-Anhalt, which hold legal and economic responsibility for the bank. NORD/LB maintains branch offices in all major financial and trading centres, including London, Singapore and New York City.
Find NORD/LB bank 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 NORD/LB branches in your search area results.
You can find answers to everyday banking questions at NORD/LB online. If you can’t find the answer you’re looking for, you can call them from outside Germany on +49 681 9376 4599
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers