Heads up – this post is divided into 2 general sections:
- Why we’re changing our fees on February 19th (and why they’re going down on most transfers and up on others)
- The new fees
If you’re not very interested in the “why”, and you just want to know how the new pricing will affect your transfers, go straight to the new fees.
We believe sending money to another country should be as cheap as sending an email. Yes, we think it should be free – because when money can move around the world as easily as ideas can, we’ll all be better off.
We’re not there yet, but that’s the goal we’re shooting for.
When we opened for business in the US, we based our fees on how much we thought transfers would cost us to process.
Since then, we’ve gotten better at what we do, and our costs have gone down on many transfer amounts and routes. We’ve lowered our fees in those places, which means most of you will be able send money for even less. Woohoo!
Unfortunately, despite our best efforts, some transfers still cost us a little more than we originally estimated.
We’ve raised our fees on those transfers to cover our costs. We know that isn't great news for the people whose fees are going up, and we're sorry about that.
We'll bring those fees back down as soon as we can. (And remember, you can always save a little money by funding your transfer with a bank debit, rather than a card.) Read on to see the new pricing for all amounts and routes.
To see the fees for your route, click the relevant link from the list below.