Booking Trades

Are there any transfer fees?

The marketplace offers a fee free environment. All costs and charges are built into one simple, transparant exchange rate. Uniquely, we will also clearly display on the platform the mid-market exchange rate versus your quoted rate side-by side.

This is an excellent and transparent way to audit your foreign exchange costs, which are viewable within the “Transfer History” tab on your dashboard.

When making an international money transfer with a high street bank, you could expect to pay between £10 and £40 per transfer, in addition to a non competitive exchange rate. If you are a business foreign exchange client making multiple transfers per year, these fees can quickly add up when paying overseas suppliers.