Want to wire money to Belgium? Thinking about a bank wire to transfer the money to Belgium? Before you go your bank to do it, make sure you check the wire transfer fees. You might get a shock the amount the costs will be and depending on the amount of the wire, it might make more sense to send the money by other means.
What makes it even worse is in addition to your financial institution imposing a fee for sending the funds to a place in Belgium, the individual receiving the transfer of funds will probably incur a fee at their end. A way to minimise the likelihood of this fee is to remit the international wire transfer in their local currency.
To process a bank wire transfer to Belgium, you may need a SWIFT code. These are unique codes for each financial institution and are based on references including the country and individual bank.
Bank wire details for Belgium
- Country – Belgium
- SWIFT Country Code – BE
- Central Bank Name – Banque Nationale de Belgique SA
- Currency – Euro
- Currency Code – EUR