BANQUE RAIFFEISEN EURO vs GBP/USD EXCHANGE RATES
Compare Banque Raiffeisen euro currency transfer options to/from Luxembourg. You can beat Banque Raiffeisen euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Banque Raiffeisen | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.819 to £0.822 | $1.044 to $1.047 |  |  | |
| TorFX | £0.822 | $1.047 |  | | |
| Wise | £0.823 to £0.824 | $1.048 to $1.049 |  | | |
| Banque Raiffeisen | £0.794 | $1.012 | |  |  |
Banque Raiffeisen International Money Transfers
International currency transfers to or from your Banque Raiffeisen account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.0% and additional bank transaction or commission fees may apply.
Banque Raiffeisen international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Banque Raiffeisen
Sending foreign currency to or from your Banque Raiffeisen account in Luxembourg 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 Banque Raiffeisen services would have a transaction exchange rate margin of around 4.0% – or 4,000 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.
Banque Raiffeisen – Other Useful Information
International money transfers from Banque Raiffeisen could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Banque Raiffeisen account holder to use their services. Banque Raiffeisen 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 (or 5,000 EUR).
Unless you pay a premium, Banque Raiffeisen’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.
Banque Raiffeisen, Luxembourg – About
Banque Raiffeisen was created in 1926 and is one of the oldest banks in Luxembourg. Banque Raiffeisen has over 50 local banking branches and agencies which (from 13 different bank brands) trade under the Banque Raiffeisen group name.
Banque Raiffeisen branch finder
Find Banque Raiffeisen 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 Banque Raiffeisen branches in your search area results.
Contact Banque Raiffeisen from abroad
You can find answers to everyday banking questions at Banque Raiffeisen online. If you can’t find the answer you’re looking for, you can call them from outside Luxembourg on +352 2450 1000
Banque Raiffeisen – Head office address
Banque Raiffeisen – 4, rue Léon Laval, Leudelange, Luxembourg
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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