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Last updated: 15th April, 2021

PagoFX launches international money transfer service in Belgium, making its first expansion outside the UK

• Banco Santander’s low-cost international money transfer service is now available in Belgium.

• Belgian residents can now take advantage of PagoFX to make quick, low-cost and secure international money transfers backed by a global bank, just by using a mobile app.

• The move is PagoFX’s first expansion outside the UK after launching in April.

Brussels, 26 November 2020 – FOR IMMEDIATE RELEASE
PagoFX, Banco Santander’s low-cost international money transfer service, is now available in Belgium. Santander, one of the largest banks in the world, has made a bold investment into helping people transfer money internationally with confidence and now Belgium can, too.

The service, launched only in April in the UK, allows Belgian residents with a debit card issued by any Belgian bank or financial entity to seamlessly and quickly send money abroad via their smartphone with low-costs, bank-level security and customer service support via in-app chat, web and e-mail.

PagoFX brings together the best of fintech with the smarts and security of a major bank. As Europe endures a second wave of covid-19, PagoFX is marking its launch and helping Belgian residents support family and friends with a no-fee programme, which lets all first-time users send up to €1.000 free of charge until 15 January 2021.

Since launching in April, PagoFX has been embraced by UK residents and sole traders for its fast, low-cost international money transfers; and the launch of PagoFX today in Belgium, its first expansion into Europe, continues this mission to bring together the best of technology and finance. Today, the PagoFX mobile app has received very positive reviews on the app stores and TrustPilot. Designed with its customers at the core, PagoFX is already known for its superior, dedicated and convenient customer service.

From today, Belgian residents can sign up for an account once they’ve downloaded the app. In minutes, after a quick verification process, they can send their first international money transfer to 42 different countries (including the eurozone), with more countries coming soon.

Cedric Menager, CEO at PagoFX, says: “It’s no coincidence we’ve chosen Belgium as the first country for our international expansion: Belgium is the crossroads of many nationalities, many different cultures and many people with clear needs to make international payments with transparency and low-costs.

“Today, we’re taking it a step forward. Our vision is to be the world’s most trusted and loved way to send money abroad and we want all our customers to feel confident about sending money overseas. That’s why we created PagoFX.
“I look forward to welcoming Belgian residents to our service and trust you’ll enjoy the speed, value and confidence which comes from using PagoFX.”


Tobias Van Assche
+32 476 60 48 03