On February 19th, our fees on transfers from USD will change

TransferWise content team
29.01.18
2 minute read

Heads up – this post is divided into 2 general sections:

  1. Why we’re changing our fees on February 19th (and why they’re going down on most transfers and up on others)
  2. 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.


Why we're changing our fees on February 19th

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. So when we can lower our fees, we do it.

Why most fees are going down

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!

Why some fees are going up

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.


The new fees

To see the fees for your route, click the relevant link from the list below.

EUR
CNY
HUF
MYR
DKK
GBP
PLN
NOK
INR
CHF
SEK
CAD
ZAR
NZD
AUD
AED
THB
PHP
RON
JPY
CZK
BRL
SGD
PKR
HKD
KRW
NGN
MXN
COP
IDR
BGN
MAD
UAH
TRY
CLP
GEL
RUB
LKR
HRK
KES
BDT
VND
PEN
ILS

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