LHV Pank overseas euro money transfer alternatives
You can beat LHV Pank exchange rates when making a euro (EUR) money transfer to or from an overseas bank and your account in Estonia – (Expats also use this service to send euros, UK pounds and other popular currencies back to their Estonian accounts at LHV Pank).
LHV Pank – Euro (EUR) vs European Currency Exchange Rates
| LHV PANK | MIN. TRANSFER | SPEED | *GUIDE RATES | INFORMATION |
|---|---|---|---|---|
| GBP £ - to EUR | NO MINIMUM | 5/7 DAYS | €1.18 | MORE DETAILS |
| GBP/EUR (BROKER RATES) | FROM €100 | 1 DAY | €1.196 | MORE DETAILS |
| EUR € - to GBP | NO MINIMUM | 5/7 DAYS | £0.814 | MORE DETAILS |
| EUR/GBP (BROKER RATES) | FROM €100 | 1 DAY | £0.824 | MORE DETAILS |
| EUR € - to CHF | NO MINIMUM | 5/7 DAYS | Fr 0.913 | MORE DETAILS |
| EUR € - to CZK | NO MINIMUM | 5/7 DAYS | Kc 24.606 | MORE DETAILS |
| EUR € - to DKK | NO MINIMUM | 5/7 DAYS | kr 7.313 | MORE DETAILS |
| EUR € - to HUF | NO MINIMUM | 5/7 DAYS | Ft 405.613 | MORE DETAILS |
| EUR € - to NOK | NO MINIMUM | 5/7 DAYS | kr 11.575 | MORE DETAILS |
| EUR € - to PLN | NO MINIMUM | 5/7 DAYS | zl 4.174 | MORE DETAILS |
| EUR € - to SEK | NO MINIMUM | 5/7 DAYS | kr 11.282 | MORE DETAILS |
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 LHV Pank Estonia
LHV Pank Estonia is one of the leading banks in Estonia, offering a wide range of financial products and services to individuals and corporate clients. Established in 1999, the bank has grown to become a trusted financial institution in the country. LHV Pank Estonia is known for its innovative and customer-centric approach, providing modern and convenient banking solutions to its clients. The bank has a strong focus on sustainability and ethical banking practices, which has earned it several accolades in the industry. With a team of experienced professionals and a commitment to excellence, LHV Pank Estonia is poised to continue its growth and success in the Estonian banking sector.
LHV Pank Customer Base
LHV Pank is a reputable bank in Estonia serving a diverse customer base. The bank caters to individuals, businesses, and institutions with a range of financial products and services. LHV Pank has a loyal customer base due to its customer-centric approach, innovative solutions, and competitive pricing. The bank’s clients come from different walks of life and have different financial needs. Whether it’s opening a savings account, applying for a mortgage, or investing in the stock market, LHV Pank has something to offer for everyone. Furthermore, LHV Pank’s digital banking platform makes it easy for customers to manage their finances from anywhere at any time. With a growing customer base and a commitment to excellence, LHV Pank is poised for continued success in the banking industry.
LHV Pank Overseas Branches
LHV Pank, the largest domestic financial group in Estonia, has expanded its reach by establishing overseas branches. These branches offer a range of financial services, including banking, asset management, and investment advisory to clients worldwide. The bank has branches in Luxembourg, Frankfurt, and London, serving the needs of their international clients. With its expertise in financial technology, LHV Pank is well-equipped to provide innovative and seamless solutions to its clients. The overseas branches have helped the bank to strengthen its position in the global market and have enabled it to serve its clients more efficiently.
Euro Transfer to/from LHV Pank in Estonia
Making a transfer to or from the euro using a 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 LHV Pank account v Currency Brokers
1: Bank money transfer information: For overseas money transfers, you will need to be an existing bank account holder with this provider to use their services. General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or €6023.951 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 LHV Pank
To transfer funds abroad from your LHV Pank 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 LHV Pank branch.
