MoneyTransfers

Compare the best ways to send money from India to Belgium

Get the best deals when you transfer from India to Belgium. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Belgium from India.

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Our recommended choice: TorFx

TorFx is our top choice for INR to EUR transfers.

We tested the 5 largest providers and TorFx stands out, winning in 45.5% of searches for its unbeatable mix of cost, speed, and user-friendliness.

Looking to send money from India to Belgium? TorFx will get the job done.

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How to get the best deal on your India to Belgium transfer

About money transfers to Belgium from India

The best rated provider for transfers from India to Belgium
TorFx
Total number of IN - BE providers
5
Average cheapest provider for transfers to Belgium from India
Instarem
Average fastest transfer
CurrencyFair
Average transfer time
Within minutes
Best for Bank Transfers
Instarem
Best for Debit Card
Wise
Best for Credit Card
Wise

Sending money from India to Belgium: key insights and tips

1
Compare providers

Don't settle for the first option. Always compare ways to send money from India to Belgium to find out about fees, speed, and reliability.

Our analysis included 5 providers that operate between India and Belgium, including TorFx, Instarem, and Wise.

Through this, you get a comprehensive view of all the options you have in India when you need to send money to Belgium.

2
Think about the Indian Rupee-Euro exchange rate
3
Choose the right payment method
4
Keep your money safe
5
Consider transfer limits
6
How to receive money in Belgium
7
Have your ID ready
8
Don't forget about taxes

Cheap money transfer to Belgium from India: Instarem

Get the lowest fees with Instarem - the cheapest transfer service at just $9049.23 per transaction*

Data collected over the past six months show that Instarem is 0% cheaper than the second best option.

The $9049.23 transfer cost represents the most common fee for INR to EUR international transfers, based on data from the past six months.

If you want to secure the best rates on a INR to Belgium transfer, make sure you pick Instarem to send your money online.

*The most common fee applied to INR-EUR by Instarem, calculated based on data from the past six months.

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Fastest ways to send money from India to Belgium: CurrencyFair

Need to send money fast? Pick CurrencyFair and get your funds from India to Belgium yesterday.

Data shows that CurrencyFair came up as the fastest way to send money from India to Belgium in 75% of our searches, proving they are the best at handling urgent online money transfers.

The 'fastest' way to send money is defined by the overall speed of sending money from India to Belgium - this includes deposit, transfer and withdrawal timeframes and often differs per currency. 


Although CurrencyFair is the quickest way to send money to Belgium from India, the average cost of this service is $3.

If you don’t need to get your money to Belgium in 1 day, remember that Instarem is the one that helps you save most.

But when speed matters, CurrencyFair should always be your go-to choice.

Need to send over $10,000?

For those big moves, going specialist is key.

Opt for a service that specializes in large transfers when size matters. For transfers over $10,000, your best bet is TorFx.


While TorFx may not be the cheapest or fastest way to send INR from India to Belgium, it’s the provider that will keep you safe and relax while your money moves and becomes EUR.

Understanding your money transfer costs: India to Belgium

When it comes to calculating the costs of money transfers between India and Belgium, here's what really matters:

The Mid-Market Rate: Today, the INR-EUR mid-market rate equals to 0.01109. Keep in mind that this rate fluctuates all the time.

The AUD-JPY average exchange rate of the past three months has been 0.0111, with a highest of 0.0115 and a lowest of 0.0108.

When in doubt, use Wise. On average, Wise hovers just 0.26% above the mid-market rate.

Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent INR to EUR rates that are only 0.26% away from the average. That's savvy transferring for you.

How to find the best exchange rate for Indian Rupee to Euro

Timing is everything when it comes to sending money between INR and EUR. The exchange rate you secure impacts how much EUR you get for your INR.

Mid-market Rate
1
= 0.011094 EUR

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from INR to EUR has seen some fluctuation. On average, it stood at 0.0111.

  • During this time, the highest value on records has been 0.0115, while the lowest has been 0.0108.

  • TorFx, which is our recommended service to send money online from India to Belgium offers an exchange rate that is only 0.26% above the mid-market rate.

Want to secure the best INR-Euro exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Belgium!

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

  • Sending bank transfers from India to Belgium

    Bank transfers are often the go-to when it comes to sending money from India to Belgium - but they are expensive and slow.

    Using Instarem for sending money online from India to Belgium, you can save a lot of money on fees. With an average fee of $1600 to send money from India to Belgium, Instarem offers a great combination of competitive exchange rates and lower fees.


    It is best to use your bank to send money with Instarem, as this offers the best service to send INR to Belgium with this payment method.

    In the past six months Instarem received an impressive 84.4% recommendation rate for bank transfers payments between India and Belgium.

  • Sending money from India to Belgium by credit card

    When it comes to credit card transfers, Wise is our top choice.

    Our comparison engine's last six months of data on INR to EUR searches show they've been ranked as the best provider. They have an impressive 6.3% recommendation rate for this payment method.

  • Sending money from India to Belgium by debit and prepaid cards

    Sending money from India to Belgium with a debit or a prepaid card is very simple with Wise.


    Wise is a leader in debit card payments for transfers from India to Belgium. They consistently rank at the top in this category.


    Our data show that Wise proved to be the best in this service with a 9.1% recommendation rate over the past six months.

Why trust our suggestions?

We compared the cost, speed, and product offerings of the leading money transfer services available between Belgium and India.


Our comparison engine and algorithms evaluate providers based on over 25 factors.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from India to Belgium .


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to EUR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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Contributors

Giovanni Angioni
Giovanni Angioni, a journalist specialized in financial and political topics, has written for well-known outlets like La Stampa, Repubblica, the Economist, and Politico. His background in political sciences complements his extensive experience in covering major international events such as ASEAN and NATO summits, and European Council meetings. His insightful approach to global finance and politics enriches his role at MoneyTransfers.com, where he focuses on making personal finance relatable and understandable for a broad audience.