TransferWise fees

Whether you're sending money, or spending on your TransferWise card, this is your place for all things pricing.
There's a small fee to convert currencies — either within your account, or when you pay with your TransferWise debit Mastercard® in a currency you're not holding in your account.

What your fees pay for

We only ever charge you what it costs us to send your money, plus a small margin. We reinvest that back into improving TransferWise.

Our costs
  • 12% Offices and running costs
  • 14% Operations and customer support teams
  • 18% Margin and growing TransferWise
  • 20% Building our products
  • 36% Banking partners and money-moving costs

We calculated this data on 2nd August 2019, and it shows the average cost of transfers across all currencies.

Our three principles

1

Be radically transparent

Most companies aren't always 100% honest about their fees and profits. We believe in having nothing to hide.

2

Charge as little as possible

Most companies charge as much as they can get away with. We do the opposite.

3

Make premium the new normal

Most companies make you pay more for ‘premium’ stuff. We believe the best-possible should be standard.

For people without borders, our mission

The world's banking systems weren't designed for people without borders. So we're building a new one.

Find out more