Costs of international transfers

Costs of international transfers

The charges applying to international transfers comprise a processing charge and the exchange rate difference. 

Whenever you enter international payment instructions in Touch, an estimate of the charges will always be displayed to give you an idea of how much it will cost you.

The processing charge

You can choose from three options:

  • Principal pays the costs (OUR): you pay all the charges applying to the transaction, i.e. those levied by KBC Brussels and by the beneficiary's bank.
  • Shared costs (SHA): Each party pays their own charges, i.e. you pay KBC Brussels's charges and the beneficiary pays their bank's charges.
  • Beneficiary pays the costs (BEN): the beneficiary pays all the charges i.e. those levied by KBC Brussels and by the beneficiary's bank.

Watch out with payments in US dollars. These always go through the US. Many US banks do not comply with the OUR option (whereby the principal pays all the charges) and consequently payments will be converted to the SHA system with shared charges. This means that the payee shares in the charges. In such situations, the payee will not receive the full amount of the transfer, even if the principal chooses the OUR charges option.

The exchange rate difference

The actual rates at which you buy foreign currencies in KBC Brussels Touch may be slightly different than the official rates due to the fact that exchange rates constantly fluctuate. Rates are adjusted every hour at KBC Brussels, but deviations are always possible.

Delayed flight or missed connection?

Are you a regular flyer? KBC Brussels will pay your additional expenses in the event of delays or overbooking.
Delayed flight or missed connection?

Making payments & transferring money in KBC Brussels Touch

This facility gives you a handy overview of all your accounts and cards, letting you see everything at a glance.
Making payments & transferring money in KBC Brussels Touch

Frozen accounts

Accounts sometimes need to be frozen, but can be unlocked again. Learn more about frozen accounts.
Frozen accounts

Rent a bike fast

  • Find a nearby bike rental point on the map
  • Select a bike supplier
  • Order your day pass
  • Pay right from KBC Brussels Mobile
Rent a bike fast
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