Question 1

What's the best way to send money to Israel from Belgium?

Accepted Answer

With the global remittance market booming, there are so many choices for Euro to ILS money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Israel from Belgium. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final ILS amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best rate to transfer money to Israel from Belgium?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Israel from Belgium. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your EUR to Israeli New Sheqel money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Belgium to Israel corridor to give you more good choices for your next ILS money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way to transfer money from Belgium to Israel?

Accepted Answer

The final amount your recipient gets when you send EUR to ILS is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Belgium to Israel used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Israeli New Sheqel is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Israel exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

How to send money from Belgium to Israel through a bank?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Belgium to Israel. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to ILS exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Belgium bank for your Israel money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

How to send money to Israel from Belgium fast?

Accepted Answer

If you need to convert EUR to ILS as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Belgium to Israel could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to Israeli New Sheqel funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Israel.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Belgium to Israel. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to send money from Belgium to Israel?

Accepted Answer

Since the Euro to Israeli New Sheqel money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Belgium that may also be able to send money to Israel. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your EUR to ILS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Israel gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Belgium to Israel transaction.

Question 7

Step by step guide to send money from Belgium to Israel

Accepted Answer

There are many important aspects of Belgium to Israel remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Belgium bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ILS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Belgium.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Israel to validate that they get the money once the transaction clears.

1 EUR	3.60 ILS
5 EUR	17.99 ILS
10 EUR	35.98 ILS
25 EUR	89.94 ILS
50 EUR	179.88 ILS
100 EUR	359.75 ILS
150 EUR	539.63 ILS
200 EUR	719.50 ILS
250 EUR	899.38 ILS
300 EUR	1,079.25 ILS
400 EUR	1,439.00 ILS
500 EUR	1,798.75 ILS
600 EUR	2,158.50 ILS
700 EUR	2,518.25 ILS
800 EUR	2,878.00 ILS
1000 EUR	3,597.50 ILS
1500 EUR	5,396.25 ILS
2000 EUR	7,195.00 ILS
2500 EUR	8,993.75 ILS
3000 EUR	10,792.50 ILS
4000 EUR	14,390.00 ILS
5000 EUR	17,987.50 ILS
10000 EUR	35,975.00 ILS
15000 EUR	53,962.50 ILS
20000 EUR	71,950.00 ILS
30000 EUR	107,925.00 ILS
40000 EUR	143,900.00 ILS
50000 EUR	179,875.00 ILS
100000 EUR	359,750.00 ILS

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