Home Send Money From Bulgaria to Belgium

Sending money to Belgium from Bulgaria

Top Provider
Amount Received
By Bank Transfer
Fees: BGN 11.00
Rate: 0.50995
Payment Options
Bank Transfer
Next Day
Credit Card
Next Day
Debit Card
Next Day
Key Features
Offers low rates
Well known brand
Amount Received
By Bank Transfer
Fees: BGN 40.00
Rate: 0.50539 *
Payment Options
Bank Transfer
1-2 Hours
Key Features
Current Mid-Market Rate: 1 BGN = 0.510859 EUR
* Some rates may be indicative.


Belgium is located in Western Europe and sandwiched between the Netherlands, Germany, Luxembourg and France. As the host country of the European Union headquarters, it makes sense that the official currency of Belgium is EUR and has been since 1999. As you will be converting your funds from BGN to EUR you will want to be kept abreast of any political and economical developments which may affect either currency. 

Belgium has become one of the financial nucleuses of mainland Europe and the country now boasts some of the most sophisticated banking systems in the industry. Mobile banking and digital payments are broadly used across the country, alongside traditional banking methods. International money transfers are commonplace and in 2019 Belgium was one of the major recipient economies to record an increase of personal remittances, with inflows of EUR 4.1 billion. From this data we can deduce that leading money transfer providers are accommodating of EUR transfers to Belgium. 

Choosing the best service provider

Due to the fact the EUR is widely used across Europe and beyond, it is a trusted and commonly traded currency. For this reason, the EUR adds liquidity when traded with BGN. 

The prevalence of EUR means most international money transfer companies facilitate payments of this kind. We want to find you the ideal service to suit your money transfer needs, no matter what your priorities are, and we believe exceptional global transfer services should not have to come with a huge price-tag.

The fastest provider is VertoFX , transfers from this provider normally take [SPEED]. The cheapest provider we found is Wise at % above the Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using Wise when transferring BGN to EUR. 

This means that by using Wise for online money transfers to Belgium from Bulgaria, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.

Alternatively, if you are unable to access Wise for any reason, our comparison engine has found VertoFX also to be very good options when sending BGN – EUR.

This recommendation was updated one minute ago.

The cheapest way to send money from Bulgaria to Belgium

Wise has been determined by our comparison engine to currently offer you the cheapest rates possible. Many customers are caught out by hidden fees and unexpected exchange rate mark-ups, so to avoid any disappointment at a later date, be sure to acquire all the relevant information before any funds are taken for payment. 

Get the Best Rate and Sign Up for Rate Alerts Bulgaria to Belgium

The fastest way to send money from Bulgaria to Belgium

When sending money from Bulgaria to Belgium, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. 

Currently, VertoFX is the fastest way to send BGN – EUR. Typically these transfers should arrive with the recipient within 24 hours but it is important to consider delivery speeds are subject to daily cut-off times, office hours and public holidays. We recommend all customers review the terms and conditions in full before making a payment. 

What payment methods are available when sending money from Bulgaria to Belgium?

Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer multiple options. You are likely to find the most common methods are bank transfers and card payments, but some providers also accept cash and some will even deliver funds straight to your recipient’s door

When it comes to making an international money transfer from Bulgaria to Belgium you will need the IBAN number and BIC code of your recipient.  

Sending money to Belgium from Bulgaria using credit card

To avoid high fees you can opt to use an online money transfer provider such as Wise to pay for your transfer to Belgium.

Sending money to Belgium from Bulgaria using a debit card

With Wise you can send money online to Belgium using your debit card. But before making a payment, make sure you understand all the processing fees in place. 

Using a wire transfer to send money from Bulgaria to Belgium

Bank and wire transfers are the most common ways of sending money Belgium as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use Wise to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days. 

If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in Belgium. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Belgium.

When sending money to Belgium from Bulgaria using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee. In some cases, the intermediary and incoming transfer fees will be covered by the receiving bank or financial institution in Belgium; this is something that should be clarified ahead of making payment. 

On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as Wise and VertoFX .

Considerations for a BGN – EUR Currency Transfer

Before sending money to Belgium from Bulgaria, you should consider the following:

  1. The amount you want to transfer: It is likely that the more money you send to Belgium the more value you will get and more EUR the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
  2. The BGN – EUR exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 0.510859 and the lowest exchange rate margin is currently offered by Wise at % above the mid market rate.
  3. Hidden fees & charges: Before sending money to Belgium, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers Wise, VertoFX and will give insight here. 

How to send money from Bulgaria to Belgium at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send BGN to EUR. After that it’s just a process of making your transfer via the following steps:

  1. Click “Visit Site” inside our comparison table
  2. Register for an account if required
  3. Input how much you are willing to send
  4. Fund your transfer
  5. Receive & save an email confirming your transfer

How to receive transfers from BGN to EUR in Belgium?

Your recipient has a few methods available to receive your money in Belgium. These will vary between providers, but it is possible to find services that will:

If your recipient is going to collect or have the money delivered to them in Belgium, then they will usually need the following:

How much money can be transferred from Bulgaria to Belgium?

The amount of EUR you can receive from Bulgaria will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers. 

You should also check if there are any government regulations pertaining to the amount of EUR that can be received in Belgium or sent from Bulgaria before making your transfer.

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April Summers

April is a trained journalist and the Content Editor for MoneyTransfers.com. She has 10 years experience writing about a diverse range of subjects, from financial services to arts and entertainment. When she’s not writing about global remittances she can be found daydreaming about her next holiday abroad.