Famously one of the smallest countries in the world, Luxembourg is located in northwestern Europe, nestled between Belgium, France and Germany. Following the phasing out of the Luxembourg franc, the official currency is EUR, first introduced across the nation in 1999. One of the earliest EUR adopters, it took three years for Luxembourg to transition to this new form of currency, a process managed by the Banque centrale du Luxembourg (National Central Bank of Luxembourg).
When considering how to send money Luxembourg from Poland there are some key aspects of the transfer to consider.
The fastest provider is XE, transfers from this provider normally take [SPEED]. The cheapest provider we found is Instarem at 0.9% Above Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using XE when transferring PLN to EUR.
This means that by using XE for online money transfers to Luxembourg from Poland, 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 XE for any reason, our comparison engine has found Instarem and VertoFX also to be very good options when sending PLN – EUR.
This recommendation was updated one minute ago.
In order to avoid high fees, you should consider the cheapest way to send from Poland to Luxembourg.
Instarem has been determined by our comparison engine to be currently offering you the cheapest rates possible.
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When sending money from Poland to Luxembourg, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, XE is the fastest way to send PLN – EUR.
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.
To avoid high fees you can opt to use an online money transfer provider such as to pay for your transfer to Luxembourg.
With XE you can send money online to Luxembourg using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Bank and wire transfers are the most common ways of sending money Luxembourg 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 XE 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 Luxembourg. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Luxembourg.
When sending money to Luxembourg from Poland using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.
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 XE, Instarem and VertoFX .
Before sending money to Luxembourg from Poland, you should consider the following:
This one’s easy. Simply use our comparison table above to find the best provider to send PLN to EUR. After that it’s just a process of making your transfer via the following steps:
Your recipient has a few methods available to receive your money in Luxembourg. 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 Luxembourg, then they will usually need the following:
The amount of EUR you can receive from Poland 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 Luxembourg or sent from Poland before making your transfer.
April is a journalist and Content Editor for MoneyTransfers.com. Over the last decade she has written for a range of online and print publications. Having lived overseas in Canada and Vietnam, April hopes to see more of the world as soon as possible, with Japan at the top of her travel list. She enjoys writing about forex trends and the future of banking.