Bank Euro Transfer from UK Accounts to BGL BNP Paribas
Top euro currency transfer alternatives for sending money to a BGL BNP Paribas euro bank account in Luxembourg, an FX broker will save you money. If you need to send funds to or from BGL BNP Paribas from another country and currency in Europe, a private FX broker will offer a better exchange rate and can make your transfer usually same-day, opposed to slow and uncompetitive high street banking services offered these days.
About BGL BNP Paribas
BGL BNP Paribas is a Luxembourg bank founded in 1919 and is since 2009 part of the BNP Paribas group. BGL BNP Paribas is one of the largest banks in Luxembourg and offers banking services in the local market and also within the countries of Belgium, France and Italy.
BGL BNP Paribas UK Pound & Euro Exchange Rates
|Bank Name | FX Broker Comparison||FX Rate||GBP to EUR||FREE QUOTE|
|BGL BNP Paribas||*4.0%||€1.07 info||Enquire|
UK pound sterling (GBP) and euro (EUR) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Euro Transfer to/from BGL BNP Paribas in Luxembourg
Making a transfer to or from the euro using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to BGL BNP Paribas account v Currency Brokers
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €5576.07 euro. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with BGL BNP Paribas
To transfer funds abroad from your BGL BNP Paribas account, you have to give the beneficiary’s IBAN and BIC to the bank. There are two types of transfers:
1: Euro Transfers: transfers exclusively in euros for amounts less than or equal to EUR 50,000 within the European Union, including the precise bank details of the beneficiaries (i.e. BIC and IBAN).
2: International Transfers: any transfers within or to countries outside the European Union (other currencies, no IBAN, etc.)
International transfer requests may be submitted by fax as long as you have signed a request at your local BGL BNP Paribas branch.