What are the fees for money transfers?
Depending on your business account plan, the price of payments made via SEPA and/or SWIFT transfers will vary. For example, all local payments (via SEPA or Faster Payments) are free on the Grow plan and €0.99 on the Start plan.
You can find more information about transfer fees on each account plan here. You can also see this in your account under Your plan.
*Transfers between wamo business accounts are free and instant, it pays to be part of the wamo network!
What is the exchange rate fee for payments?
International payments with a currency conversion (for example sending or receiving a USD payment) are charged an exchange rate fee of the European Central Bank (ECB) mid-rate + 0.50%.
If you have any questions about transfer fees or about making one, feel free to ask us a question through our support chat, you'll find it in the bottom right of our website or in your account.