How much do you charge?
Foreign exchange payments
For each foreign exchange payment we charge a fixed fee which is a percentage of the transaction size. We have a three tier pricing structure that varies based on the value of the payment which is as follows:
|Value of payment||All inclusive fee|
|GBP 1,000 to GBP 10,000||1%|
|GBP 10,001 to GBP 100,000||0.75%|
|GBP 100,001 +||0.50%|
This fee is included within the exchange rate we offer to you, and we are always clear and transparent with our charges. At the point of execution, we show you what the current mid-market rate is, what the rate is that you will receive, and what this difference translates to as a fee in pounds and pence (or dollars and cents).
Same currency payments
For same currency payments i.e. sending one currency without a conversion, we charge a flat fee of GBP 10 per payment.