Our fees are changing on transfers from USD to HKD.

29.01.18
1 minute read

We have some news. Our fees are changing on transfers from USD to HKD.

Here’s how much your transfers will now cost, depending on the amount you send:

Amount Old fee New fee Difference Payment method
$100 $3.00 $2.90 $0.10 cheaper Direct Debit
$250 $3.00 $4.40 $1.40 more Direct Debit
$500 $5.00 $6.70 $1.70 more Direct Debit
$750 $7.50 $9.10 $1.60 more Direct Debit
$1,000 $10.00 $11.50 $1.50 more Direct Debit
$2,500 $25.00 $25.70 $0.70 more Direct Debit
$5,000 $50.00 $49.50 $0.50 cheaper Direct Debit
$10,000 $85.00 $82.00 $3.00 cheaper Wire
$25,000 $190.00 $202.00 $12.00 more Wire
$50,000 $365.00 $402.00 $37.00 more Wire

The fee used to be 1% on amounts up to $5,000, and 0.7% on any remaining amount over $5,000.

The new pricing will be:

  • $2.00 + 0.95% for direct debit and debit cards,
  • $2.00 + 0.80% for wire transfers (note that your bank is likely to charge you $25-50, on top of our fees, for wires),
  • $2.00 + 2.65% for credit cards.

Borderless pricing

There are new prices for topping up your borderless account and converting from USD to HKD too. It now costs 0.80% to convert your dollars and HK$10 to withdraw them into another bank account. To top up your borderless account, the fees are now:

  • 0.15% for direct debit or debit card,
  • 1.85% for credit cards,
  • Free for bank transfers.

You can read more about why we've made this change here.

TransferWise is the smart, new way to send money abroad.

Find out more