Compare BGL BNP Paribas euro currency transfer options to/from Luxembourg. You can beat BGL BNP Paribas 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 BGL BNP Paribas 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.
BGL BNP Paribas 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 BGL BNP Paribas bank 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 BGL BNP Paribas 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.
International money transfers from BGL BNP Paribas could take longer to arrive than using a private currency exchange provider and you will also need to be an existing BGL BNP Paribas bank account holder to use their services. BGL BNP Paribas 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, BGL BNP Paribas’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.
BGL BNP Paribas (formerly known as Banque Générale du Luxembourg) was created in 1919 and became part of the French financial services company BNP Paribas in 2009. BGL BNP Paribas is today one of Luxembourg’s largest banks, serving customers through over 40 local banking branches.
Find BGL BNP Paribas 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 BGL BNP Paribas branches in your search area results.
You can find answers to everyday banking questions at BGL BNP Paribas online. If you can’t find the answer you’re looking for, you can call them from outside Luxembourg on +352 4242 2000
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Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers