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What fees do you charge?

We charge low, transparent fees for each transfer, and we always tell you about them upfront. That means no hidden fees and no surprises.

To understand the fees for a specific transfer, you can always plug the amount you're sending into our pricing calculator. But if you’d like to learn about our general fee structure when it comes to sending, converting, and spending, read on.

1. Fees for sending money
2. Fees for borderless account
3. Fees for TransferWise debit Mastercard

1. Fees for sending money

We always take fees from the amount you send一 so your recipient won’t pay for your transfer. There are two types of fees for sending money: the TransferWise fee, and a possible extra fee for certain payment methods. The extra fee depends on the currency you're sending.


The TransferWise fee

Our mission is to make sending money internationally as cheap as possible. To do that, we recently rolled out the new TransferWise fee for transfers from GBP, USD, AUD, and NZD

When sending money from GBP, the TransferWise fee varies based on the type of transfer you choose. Read more about the three types of transfers we offer from GBP.

The fee for other routes

Eventually, the percentage fee + flat transaction fee structure will be in place for every currency we offer. But until then, some transfers still have a higher percentage fee or a minimum fee instead of the flat transaction fee. You can always use the pricing calculator to see how these fee changes work for your specific transfer.

Here are some examples of the TransferWise fee for different transfers.
Your transfer TransferWise fee
GBP  USD 0.4% + £ 0.80 flat transaction fee
USD  IRL 0.65% + $ 1.00 flat transaction fee
EUR ➡ GBP 0.5% (€  2.00 minimum fee)
DKK  EUR Up to kr 50,000.00 DKK: 0.5%

Amount over  kr  50,000.00 DKK: 0.5% Fee on initial  kr  50,000.00 DKK, 0.3% on anything over

 Extra fee for certain payment methods

We work with a range of services to help you get your money where it needs to go. Depending on the currency you're sending, we might need to apply an added fee to the cost of your transer if you pay by card or SWIFT.

We don’t make a profit on these fees 一 we’re just covering the cost so you can pay whatever way works best for you. But if you’d like to avoid them, you can always pay by bank transfer


2. Fees for borderless account


TransferWise borderless accounts are free, with no fees to subscribe, add and receive money, or get international bank details. There are low, transparent fees for converting currencies within your account and withdrawing money out of your borderless account into your bank account. 

You can learn all the details on borderless fees here, or read on for an overview.

Converting money

There’s a small fee to convert between currencies that you already hold in your borderless account. Our conversion fees are the same as those for sending money, but without a minimum fee.

You can find a full list of all our conversion fees here.

Withdrawing money to your bank account

There's a flat transaction fee to move money from your borderless account back into your bank account. For example, it's 50p in the UK and €0.60 in the Eurozone.

3. Fees for TransferWise debit Mastercard

There's a lot you can do with your TransferWise debit card for free, and transparent fees for spending in currencies you don't have in your account.

Getting your card

Getting your card and ordering a replacement is free, just sign up and we’ll send one your way.

Spending with your card

  • If you have the currency in your account, it's free!
  • If you don't have the currency in your account, there's a conversion fee, typically between 0.35% - 2.5%.
  • If we don't support the currency, we'll use the Mastercard rate. You can find a list of supported currencies here.

Withdrawing cash from an ATM

Withdrawing money from ATMs is free up to £200 a month, with a 2% fee afterwards.

Learn more


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