NORD/LB – EUR Exchange Rates

NORD/LB overseas euro money transfer alternatives

You can beat NORD/LB bank exchange rates when making a euro (EUR) money transfer to or from an overseas bank and your account in Germany – (Expats also use this service to send euros, UK pounds and other popular currencies back to their German accounts at NORD/LB).

NORD/LB – Euro (EUR) vs European Currency Exchange Rates

POPULAR EURO (EUR) EXCHANGE RATES – CHF CZK DKK GBP HUF NOK PLN SEK

Transfer exchange rates are calculated and updated hourly (Monday to Friday) from 8 am to 4 pm UK – GMT

Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending money to/from euro. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.

About NORD/LB

NORD/LB is one of the ten biggest banks in Germany. Its registered offices in Hanover, Magdeburg and Braunschweig prove that the bank has retained its roots in the federal states of Lower Saxony and Saxony-Anhalt, which hold legal and economic responsibility for the bank.

NORD/LB’s strategic business areas include savings accounts for private and commercial customers and financing. Its Central and Northern European operations in Poland, Lithuania and Latvia are carried out in a joint venture with the Norwegian bank DnB NOR into the DnB NORD.

Euro Currency Transfer to/from NORD/LB in Germany

Making a transfer to or from the euro using NORD/LB bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.

UK bank to NORD/LB account v Currency Brokers

1: Bank money transfer information: returnData(GBP, EUR, €, -500000);[/insert_php] euro. Bank transfer commission fees range from £15 to £30 depending on the bank.

2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.

Sending Money Abroad with NORD/LB

To transfer funds abroad from your NORD/LB account, you have to give the beneficiary’s IBAN and BIC to the bank. There are two types of transfers:

1: Euro Transfers: transfers exclusively in euros for amounts less than or equal to EUR 50,000 within the European Union, including the precise bank details of the beneficiaries (i.e. BIC and IBAN).

2: International Transfers: any transfers within or to countries outside the European Union (other currencies, no IBAN, etc.)

International transfer requests can be submitted by fax as long as you have signed a request at your local NORD/LB branch.