Transparent FX rates & pricing

Fair rates. Simple pricing. No surprises.

SwiftTransfer keeps international money transfers simple. We do not charge a separate transfer fee. The only way we earn on a transfer is from a small margin in the exchange rate, which is already included in the rate you see before you send.

£
No SwiftTransfer transfer fees on your payments. Our revenue comes only from a small FX spread.
↔
Competitive FX rates for popular routes from the UK and Europe to Africa and beyond.
ID
No charge for creating an account, verifying your ID, or upgrading your KYC level.
🛡
Full KYC and AML checks built in to keep you compliant, protected, and ready for higher limits.

Important: Exchange rates update throughout the day. The rate (including our small margin) is always shown before you confirm your transfer.

Sample UK → Gambia transfer
Illustrative example only
1 GBP ≈ 94 GMD
Live rate in app
Example only. The FX rate you see in the app already includes SwiftTransfer’s small margin and updates in real time.
You send
£100.00 GBP
From a UK funding method
Recipient receives
Illustrative GMD value
No extra SwiftTransfer fee added on top
UK
UK sender
SwiftTransfer fee: £0.00
Our only revenue is the small FX margin
GM
Bank, wallet or cash-out (where available)
Payout fee: £0.00*
*Where local partners support zero collection fee
Upgrade your KYC for higher limits. Pricing stays simple with no SwiftTransfer transfer fee.
Basic • starter limits Verified • higher limits Premium • higher volume
How our pricing works

One simple model for every SwiftTransfer payment

Every transfer is built from two main parts: the FX rate and any local payout costs. SwiftTransfer does not charge a separate transfer fee. We only earn from a small margin between the rate we receive from our partners and the rate we offer you.

No separate transfer fee Only a small FX margin No fee for KYC verification
FX rate

Live exchange rate

We use a live FX rate stream so you always see the current rate before sending. Our small margin is already included in that rate.

  • Rate shown in the app before you confirm your transfer.
  • Updated multiple times per day to reflect market moves.
  • You always see exactly how much your recipient will receive.
How we earn

Only a small FX spread

Instead of charging transfer fees, SwiftTransfer earns money only from a small spread in the FX rate. There are no extra SwiftTransfer fees on top of this.

  • No separate “SwiftTransfer fee” line on your transfer screen.
  • The FX margin is fully included in the live rate we show you before you send.
  • This small FX spread is the only way SwiftTransfer earns on each transfer.
Local payout

Cash-out & partner costs

On many routes, local payout fees are already included in what you see. Where partners charge extra, we show it clearly.

  • Bank deposit, mobile wallet, or cash pick-up options where available.
  • Any local partner fees are clearly labelled before you send.
  • No separate SwiftTransfer fee when your recipient collects at an approved agent where free payout is supported.

Illustrative example pricing

These examples show how a typical transfer might look on popular corridors. For the latest rates, always check the SwiftTransfer app.

Examples for guidance only Rate and payout shown live in the app
Route You send Recipient gets SwiftTransfer fee Pay-in method
UK → Gambia £100 GBP ≈ 9,400 GMD (example) £0.00 UK funding method
UK → Senegal £150 GBP Illustrative XOF equivalent £0.00 UK funding method
UK → Nigeria £200 GBP Illustrative NGN equivalent £0.00 UK funding method
EU → Kenya €100 EUR Illustrative KES equivalent €0.00 SEPA funding
These figures are examples only and may not reflect current FX rates. SwiftTransfer does not charge a separate transfer fee – we only earn from a small FX margin, which is included in the rate you see in the app before you send money.
Full KYC, simple pricing

Account tiers, KYC and send limits

We use full KYC and AML checks to protect you and comply with regulation. Verifying your identity unlocks higher limits but does not change our pricing model – there are no extra SwiftTransfer fees when you move up a tier.

KYC powered by trusted partners No fee to verify your identity Higher limits • same FX spread model
Tier 1 · Basic
Quick start
Per transfer: up to approx. £250 (exact limits shown in app)
24-hour total: entry-level daily cap suitable for smaller, frequent sends
Basic checks with phone number and key details so you can start sending quickly on supported routes.
Tier 2 · Verified
Full KYC
Per transfer: higher limits for bigger payments
24-hour total: increased daily and monthly caps
Upload a valid ID document and selfie so we can fully verify you. Ideal for regular family support and higher-value transfers.
Tier 3 · Premium
Higher-volume
Per transfer: tailored higher limits
24-hour total: custom limits on review
For higher-volume senders and small businesses, subject to enhanced due diligence and ongoing monitoring.

What we check during KYC

To comply with UK and international regulations, SwiftTransfer verifies your identity and may ask for supporting documents if your activity increases. This helps us prevent fraud and keep the service safe for everyone, without adding separate SwiftTransfer fees.

Government-issued ID (e.g. passport) Selfie or liveness check Address details where required Source of funds for higher tiers
Questions about rates & pricing

Frequently asked questions

Clear, direct answers to the questions people ask most about SwiftTransfer rates, KYC, and how we earn money.

No separate transfer fee Only a small FX spread
Do you charge any transfer fees?
No. SwiftTransfer does not charge a separate transfer fee. We only earn from a small margin in the FX rate, which is already included in the rate you see before you send.
How exactly does SwiftTransfer make money?
SwiftTransfer earns from a small spread between the rate we receive from our partners and the rate we offer you. There are no additional SwiftTransfer fees on top of this FX margin.
Does KYC or upgrading my tier cost anything?
There is no charge for verifying your identity or moving to a higher KYC tier. Verification is part of our standard onboarding and does not change how we earn on your transfers.
Why can my friend see a slightly different rate?
Exchange rates move throughout the day. If you and your friend check the app at different times or on different routes, you may see slightly different rates. The rate you see at confirmation (including our small margin) is the one used for your transfer.
Will my recipient pay any fees when collecting cash?
On most routes, the payout cost is already included in the total you see. Where a local partner applies a charge, we show this up front so your recipient is not surprised at the counter.
How do I check the latest rate for my route?
Open the SwiftTransfer app, choose the country you are sending to, enter the amount, and you will see the live FX rate, our margin, and the payout amount before you confirm.
Looking for more detail? Visit our Help & FAQ page for full information on limits, KYC and compliance.

SwiftTransfer is built for people who send money across borders regularly. Whether you are supporting family, paying a supplier, or topping up a mobile wallet, clear and fair pricing matters. That is why our FX rate already includes our small margin and we do not add a separate transfer fee on top.

When you send money abroad, the key drivers of what your recipient receives are the exchange rate and any local payout costs. With SwiftTransfer, both are visible in real time before you press send. Our business model is straightforward: we only earn from a small FX spread, and we do not layer extra SwiftTransfer fees onto your transfer.

We also take compliance seriously. As your transfers grow, we may ask for additional KYC information such as ID documents, a selfie, or proof of address. This does not change our pricing model, but it helps us meet our regulatory obligations and protect your account from misuse.

Check the SwiftTransfer app for current FX rates, payout amounts and limits on your chosen route. You will always see the rate (including our margin) and the exact payout amount before you send money.