We categorize fees for international transfers into two main categories:
Receiving Incoming International Transfers
Standard Fee: Typically, a fee of €5 per transaction is imposed for receiving international transfers.
Current Promotion: As part of our ongoing promotion, this fee is currently waived, allowing you to receive incoming International Transfers without any deduction.
Initiating Outgoing International Transfers
Our fee structure for outgoing international transfers provides two options:
You Pay All Fees (OUR):
Description: The recipient receives the full amount of the transfer. However, you may incur additional costs to cover all potential fees associated with the transfer.
Cost: €30
For example: if you’d like to transfer €1000 to the recipient, the amount you will need to transfer is €1000 + €30. The recipient will then receive the full amount of €1000.
You Share Fees with the Recipient (SHA):
Description: The fees are shared between you and the recipient. However, the recipient may receive a reduced amount due to the shared fees.
Cost: €5
For example: if you’d like to transfer €1000 to the recipient, the amount you will need to transfer is €1000 + €5. The recipient will then receive less than €1000 to cover the shared fee.
You can choose the most suitable option for your International Transfer needs.