Overall best way: Wise
We tested & reviewed 8 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 94.4% of India to Belgium searches, and was the top rated company supporting payments India into Euro.
So for a great mix of cost, speed & features, make your India to Belgium transfer using Wise.
How to compare companies offering money transfers from India to Belgium
Considerations to make sending money from India to Belgium easy
Comparing the different providers offering services between India and Belgium, is the best way to send money with confidence.
The 8 providers we've compared ensures you will get the best options for your transfer to Belgium from India. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Indian Rupee to Belgium.
Cheapest way to transfer money from India to Belgium: Instarem
Our data shows Instarem is 1.4% cheaper than the second-best option. The company offers an average fee of 1,600* INR and an average exchange rate between INR and EUR that is 0.84% different to the mid-market rate.
For a cheap way to send INR to Belgium, Instarem is a great all round choice.
*The most common fee applied to INR-EUR by Instarem, based on data from the past six months.
Fastest way to send money to Belgium from India: Ria Money Transfer.
In our comparison, we found Ria Money Transfer to be the fastest way to send Indian Rupees to Euro in 62.5% of transfers. For quick transfers between INR and EUR, Ria Money Transfer comes highly recommended.
Sending money from India to Belgium through Ria Money Transfer has an average fee of 4 INR.
To find the fastest company, we compared 8 money transfer providers for the overall speed of sending money from India to Belgium. This was made up of depositing Indian Rupee to a money transfer account and transfer times to Belgium.
When looking for the fastest money transfer, Ria Money Transfer is our best choice for sending into Belgium from India.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 8 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Euro to Euro.
As such, opt for Wise for sending large sums of money to Belgium from India.
Understanding the costs involved when transferring money to Belgium from India
When calculating the cost of sending money from India to Belgium, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current INR-EUR mid-market rate is 0.0112 EUR per Indian Rupee. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the INR-EUR mid-market rate for the past three months has averaged 0.0109 EUR per Indian Rupee, hitting a high of 0.0112 and a low of 0.0106.
Wise is currently offering the best exchange rate on transfers between India and Belgium.
Often the INR-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Indian Rupee to Belgium.
Fees: Transfer fees are charged on top of a transfer. Instarem currently offers lowest fees, at an average of 1,600 INR over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to India from Belgium. The higher the total amount received in Belgium, the lower the cost of sending from India.
Getting the best exchange rate for Indian Rupee to Euro
Tracking the mid-market rate can make a huge difference when sending money INR to EUR. The exchange rate you secure impacts how much EUR you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to EUR has seen some fluctuation. On average, it has been 0.0109.
During this period, the highest value level was 0.0112, with a low of 0.0106.
Wise, which is our recommended service to send money online from India to Belgium offers an exchange rate that is only 0% 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!
India to Belgium money transfer payment methods
How we analyze the market
We track 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, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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.