ABN AMRO – EUR Exchange Rates

ABN AMRO overseas euro money transfer alternatives

You can beat ABN AMRO bank exchange rates when making a euro (EUR) money transfer to or from an overseas bank and your account in Holland – (Expats also use this service to send euros, UK pounds and other popular currencies back to their Dutch accounts at ABN AMRO).

ABN AMRO – Euro (EUR) vs European Currency Exchange Rates

POPULAR EURO (EUR) EXCHANGE RATES – CHF CZK DKK GBP HUF NOK PLN SEK

Transfer exchange rates are calculated and updated hourly (Monday to Friday) from 8 am to 4 pm UK – GMT

Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending 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.

About ABN AMRO Netherlands

ABN AMRO Bank NV is a Dutch state owned bank (it was nationalised in 2009) has it’s headquarters in Amsterdam, Netherlands and is one of the country’s biggest and oldest banks. In 2007, ABN AMRO was the second largest bank in the Netherlands and the eighth largest in Europe by assets. In 2011, the ABN AMRO had over 6 million customers and around 24,000 employees.

Euro Transfer to/from ABN AMRO Bank in the Netherlands

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 ABN AMRO account v Currency Brokers

1: Bank money transfer information: For overseas money transfers, you will need to be an existing bank account holder with this provider to use their services. 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 €5802.016 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 ABN AMRO

To transfer funds abroad from your ABN AMRO 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 can be submitted by fax as long as you have signed a request at your local ABN AMRO branch.