SWIFT transfer fees
SWIFT fee calculator
SWIFT transfers can include several charges. Understand sending bank fees, intermediary bank fees, recipient bank fees and exchange-rate impact before choosing a transfer route.
Sending bank fee
Your bank may charge a fixed fee to initiate an international SWIFT transfer.
Intermediary bank fee
One or more intermediary banks may deduct fees before the money reaches the recipient.
Recipient bank fee
The receiving bank may charge a fee to credit the account, reducing the amount received.
Frequently asked questions
Why are SWIFT transfers expensive?
They can involve multiple banks, each with possible fees, plus exchange-rate markup.
Can I know the exact SWIFT fee upfront?
Not always. Intermediary and recipient bank fees can vary depending on the route.
Are remittance providers cheaper than SWIFT?
Often they can be, especially for common migrant corridors, but compare the final recipient amount.
What should I compare before using SWIFT?
Compare fees, exchange rate, delivery time, certainty of recipient amount and provider alternatives.