What discounts are available for large transfers?
What are the fees for sending international transfers (SWIFT-OUT)?
Which subscription offers the best rates for international transfers?
Which currencies are considered "standard" at Qonto?
How are exchange rates calculated for international transfers?
What information do I need for an international transfer?
Are there fixed fees in addition to the percentage fees?
Do weekend transfers have different rates?
How long does it take for international transfers to be processed?
Want to save on your international transfers? Until June 1, 2025, you can benefit from discounts of up to 50% on international transfers above €50,000.
Strengthen your international operations with fast, transparent, and cost-effective transfers. Send and receive payments in more than 130 countries in more than 25 currencies – all from your Qonto account.
Why choose Qonto for international transfers?
- Lightning-fast execution: 90% of transfers arrive within 24 hours
- Crystal clear pricing policy without hidden fees
- Real-time tracking from start to finish
- Direct management from your Qonto dashboard
We've streamlined international payments so you can focus on what's important – growing your business. Whether you're paying suppliers in USD or receiving payments in GBP, we offer competitive rates and volume discounts that reward your business growth.
What discounts are available for large transfers?
The following volume discounts apply:
- 10% discount for transfers between €50k-€100k
- 20% discount for transfers between €100k-€200k
- 40% discount for transfers between €200k-€500k
- 50% discount for transfers above €500k
What are the fees for sending international transfers (SWIFT-OUT)?
For standard currencies (USD, GBP, CHF), fees range from 0.56% to 0.8% per transfer with a minimum of €5.
For USD Swift transfers to non-US countries, you can choose between two pricing options: the SHA option (shared costs), which costs 0.56% to 0.80% of the transfer amount plus a fixed fee of €5, or the OUR option (where the sender covers all costs), which costs 0.80% of the transfer amount plus a fixed fee of €15.
For non-standard currencies, fees range from 1.56% to 1.8%, depending on your subscription.
Which subscription offers the best rates for international transfers?
Premium, Essential, Business, and Enterprise subscriptions offer the lowest rates of 0.56% for standard currencies and 1.56% for non-standard currencies. Basic and Smart subscriptions have rates of 0.8% and 1.8% respectively.
Which currencies are considered "standard" at Qonto?
USD, GBP, and CHF are considered standard currencies. Other supported currencies (including INR, AED, CAD, ILS, HKD, TRY, THB, and more) are classified as non-standard.
How are exchange rates calculated for international transfers?
Exchange rates include market rates plus transparent conversion fees. Qonto is committed to transparency about these fees as part of our values.
What information do I need for an international transfer?
You need the following information from the recipient:
- Full name or company name
- Complete bank details (IBAN)
- SWIFT/BIC code of the bank
- Address of the bank
- Purpose of payment (in some cases)
Are there fixed fees in addition to the percentage fees?
Yes, there is a minimum fee of €5 (excluding VAT) that applies when the percentage fees would be lower than this amount. For Swift transfers, there is a fixed fee plus a percentage of the transfer amount. Even if the percentage fees are higher than €5, you only pay the fixed fee plus the percentage.
Do weekend transfers have different rates?
No, Qonto applies the same rates throughout the week, unlike some competitors who charge higher fees for weekend transfers.
How long does it take for international transfers to be processed?
Most transfers are completed within 1-3 business days, depending on the destination country and currency.
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