Sending bank fee
Your bank may charge a fixed or percentage-based fee to initiate an international transfer.
Bank transfer guide
Understand SWIFT fees before sending money
SWIFT transfers can include several bank charges. Compare the full cost before choosing an international bank transfer.
Intermediary bank fees
One or more intermediary banks may deduct fees before the transfer reaches the recipient bank.
Recipient bank charges
The receiving bank may also charge a fee, which can reduce the amount credited to the recipient.
Frequently asked questions
Frequently asked questions
If you cannot find the answer you are looking for, you can compare live providers or contact Woovelt.
Why can SWIFT transfers be expensive?⌄
SWIFT transfers may involve several banks, each with possible fees, plus exchange-rate markup.
Can I know the exact SWIFT fee upfront?⌄
Not always. Intermediary and recipient bank charges can vary depending on the route.
Are money transfer providers cheaper than SWIFT?⌄
Often they can be for common corridors, but you should compare the final recipient amount and delivery time.
What should I compare before using SWIFT?⌄
Compare fees, exchange rate, delivery time, certainty of recipient amount and available provider alternatives.
Compare providers before you send
Woovelt helps users compare exchange rates, fees and payout options across supported money transfer corridors.