Search

How can I submit international transfers in foreign currencies and how much does it cost?

  • Updated

You can make foreign currency transfers via our partner Wise, which enables processing via local networks in addition to the SWIFT network. This solution is faster, more cost‑effective, and offers a smooth experience directly from your Qonto account. No Wise account is required.

For example, you can send GBP to the United Kingdom, INR to India, and AUD to Australia (among many other currencies), with funds credited in a few seconds to 3 business days. The estimated delivery time is shown in the app when you create the transfer.

Scope: – USD can be sent to any country in the list via SWIFT. – All other currencies can only be sent to their home country (see the list of available countries below).

☝️ Good to know: to send USD to the United States, you must use the ACH network (not SWIFT). The requirements are detailed below.

 

What are the fees?

For 75 % of your transactions, we execute transfers via our partner’s local network (generally lower fees and faster delivery).

Minimum fee rule: a minimum fee of €5 applies via local networks. If the percentage‑based fee exceeds €5, the percentage applies.

Plan Local (USD→USA, GBP, CHF) Local (other currencies) SWIFT (USD outside the US) – SHA SWIFT (USD outside the US) – OUR
Basic 0.80 % 1.80 % 0.80 % + €5 0.80 % + €15
Smart 0.80 % 1.80 % 0.80 % + €5 0.80 % + €15
Premium 0.56 % 1.56 % 0.56 % + €5 0.80 % + €15
Essential 0.56 % 1.56 % 0.56 % + €5 0.80 % + €15
Business 0.56 % 1.56 % 0.56 % + €5 0.80 % + €15
Enterprise 0.56 % 1.56 % 0.56 % + €5 0.80 % + €15

 

How to view the fees that have been applied? 

When you make a transaction in a foreign currency, the exchange fees are automatically integrated into the transaction amount. Detailed fees are accessible in the transaction information if you wish to review them. 

When exporting, they will be shown as two separate lines (transaction and fees separate) for accounting compliance purposes.

 

When will my transfer arrive?

Timelines depend on the currency, bank holidays in the relevant countries, and time zones.

☝️ Good to know: for most currencies, foreign currency transfers are processed during market hours only. Banks rarely process transfers on weekends and bank holidays. Transfers are then processed on the next business day.

 

Are there recipient restrictions?

Foreign currency transfers cannot be sent to private individuals (consumers), but can be sent to professionals (sole traders/freelancers) and businesses. If you need to pay a private individual, please provide a contractual agreement specifying the purpose of the payment.

A transfer may be declined if supporting documents are not provided; the euro equivalent credited on return may vary depending on the exchange rate.

 

Which currencies are supported (outgoing)?

Requirements by currency, indicative delivery times, and additional information:

Currency Required information Indicative delivery time Additional information
AED
  • Recipient’s full name (up to 35 characters)
  • IBAN (23 characters) starting with AE
  • Reference (up to 35 characters)
 Up to 1 business day
AUD
  • Recipient’s full name (up to 35 characters)
  • BSB code (6 digits)
  • Account number (5 to 9 digits)
  • Full recipient address (no P.O. boxes)
  • Reference (up to 18 characters)
 Up to 2 business days No automated name check: enter the exact account number. If it matches an existing account, funds will be credited even if the name differs.
CAD

Local transfer (EFT):

  • Recipient’s full name
  • Institution number (3 digits) and transit number (5 digits)
  • Local account number (7–12 digits)

Interac e‑Transfer:

  • Recipient’s full name
  • Email address (registered with the bank and Interac)
 Up to 1 business day A 6‑digit Interac PIN is sent by email (max 3 attempts, 3 days to claim funds, otherwise returned to Wise).
CHF
  • Recipient’s full name
  • IBAN starting with CH or LI
  • Reference (up to 50 characters)
 Up to 1 business day Subject to Swiss banks’ compliance checks, which may delay crediting.
CLP
  • Recipient’s full name (up to 35 characters)
  • Account number (up to 20 digits)
  • Bank name (dropdown list)
  • RUT number (7–8 digits + check digit)
  • Account type (checking/savings/demand)
  • Recipient’s phone number
 1 business day
CRC
  • Recipient’s full name
  • IBAN (22 characters) starting with CR
  • Company number (CJU Cédula): 10 digits, must start with 3
  • Reference (up to 35 characters)
 Up to 1 business day
CNY

Alipay:

  • Name (Pinyin)
  • Email or phone number (business account only)

Domestic transfer:

  • Name and address (Pinyin)
 Up to 2 business days The recipient must be a business account.
DKK
  • Full name (person or company)
  • SWIFT code
  • IBAN (18 characters)
  • Recipient address (optional)
  • Reference (up to 140 characters, optional)
 No estimate The beneficiary bank may return the transfer if, during manual checks, a name mismatch is detected.
GBP
  • Name/legal name
  • Sort code (6 digits) & account number (8 digits) or GB IBAN
  • Reference (up to 18 characters)
 Instant Not supported: National Savings & Investments (NS&I) sort codes.
HKD
  • Recipient’s full name
  • Local account number (9–12 digits)
  • Bank code (3 digits, clearing)
  • Full recipient address
 ~45 minutes (business days) Not supported to virtual banks Tap&Go and O! ePay.
HUF
  • Recipient’s full name
  • IBAN (28 characters, starts with HU) or 24 local characters
  • If the account number has 16 digits, 8 zeros are added automatically at the end
 Up to 1 business day
IDR

Interbank transfer:

  • Name
  • Bank
  • Account number

e‑Wallet:

  • Name
  • Wallet provider
  • Wallet number
 Up to 1 business day
ILS
  • Account holder’s full name
  • IBAN (23 characters) (ILkkBBBNNNCCCCCCCCCCCCC)
  • Recipient address (city/country/postcode in Latin alphabet)
 Up to 1 business day Manual name checks by beneficiary banks may lead to fund cancellation.
INR

Bank transfer:

  • Name
  • Account number (5–20 digits)
  • IFSC (11 characters),
  • Reference (≤16)
  • Purpose

UPI:

  • Name
  • UPI ID
  • Purpose

Bank transfer: up to 1h30 (business days)

UPI: instant

 Not supported to charities/trusts or for investments. No FIRC certificate provided.
JPY
  • Name (often in Katakana)
  • Account number (7 digits)
  • Account type (普通/Futsuu, 貯蓄/Chochiku, 当座/Touza)
  • Bank or branch (in English/Katakana/Kanji or code)
  • Purpose of transfer, reference (≤20)
 5 to 20 minutes (depending on bank)
KES
  • Full name
  • Account number (8–20 digits)
  • Reference (≤20)
 Instant Not supported to corporate mobile wallets.
Unsupported beneficiary banks: Bank of India, Bank of Baroda, Habib Bank, M‑Oriental Bank, Habib Bank A.G. Zurich, Consolidated Bank of Kenya, Transnational Bank, SMB Bank (Kenya) Limited, Imperial Bank Limited, Giro Commercial Bank, Ecobank Kenya, Spire Bank, Kenya Development Bank, UBA Kenya Bank.
KRW
  • Full name (≤256 characters)
  • Bank name
  • Account number (11–16 digits)
  • Reference (≤35)
 Up to 15 minutes
MAD
  • Full name (≤35)
  • RIB 24 digits (bank code, branch code, account number, RIB key)
  • Reference (≤50)
 Up to 2 business days Some banks charge incoming fees (up to ~20 MAD): Al Barid, Attijariwafa, BMCE, BMCI, Crédit du Maroc, Société Générale Maroc.
MXN
  • Full name (≤40)
  • CLABE 18 digits (3 bank, 3 branch, 11 account, 1 check)
  • Reference (≤40)
 Instant Validate the CLABE with a dedicated validator if needed.
MYR

Local transfer:

  • Name (≤50)
  • Bank
  • Account number (7–20)
  • Reference (≤35)

DuitNow: 

  • Name (≤50)
  • ID type
  • ID
  • Reference (≤35)
 Up to 1 business day
NOK
  • Name (person/company)
  • SWIFT code
  • IBAN (15 characters)
  • Address (optional)
  • Reference (≤140, optional)
 No estimate The bank may return the transfer if the name does not match during a manual check.
NZD
  • Name (20 characters, Latin alphabet)
  • Account number (16 characters)
 1 business day
PLN
  • Name (person/company)
  • SWIFT code
  • IBAN (28 characters)
  • Address (optional)
  • Reference (≤140, optional)
 No estimate The bank may return the transfer if the name does not match during a manual check.
RON
  • Name (person/company)
  • SWIFT code
  • IBAN (24 characters)
  • Address (optional)
  • Reference (≤140, optional)
 No estimate The bank may return the transfer if the name does not match during a manual check.
SEK
  • Name (person/company)
  • SWIFT code
  • IBAN (24 characters)
  • Address (optional)
  • Reference (≤140, optional)
 No estimate The bank may return the transfer if the name does not match during a manual check.
SGD

Account transfer:

  • Name (≤35)
  • Account number (variable length)
  • Bank
  • Reference (≤25)

PayNow:

  • Name (≤35)
  • Phone number (+65)
  • Reference (≤25)
 Up to 1 business day Transfers < 200,000 SGD are processed as instant. Above that: up to 1 business day.
THB
  • Name (≤35)
  • Account number (5–16)
  • Bank
  • Full address
  • Reference
 ~15 minutes (until 8pm on business days, bank‑dependent) Limits: 2,000,000.00 THB per transfer to BBL, KBank, SCB; 49,999.99 THB to other banks.
Regulation: to BBL/KBank/SCB, each transfer must be ≥ 50,000 THB.
TRY
  • Name (≤50)
  • IBAN (26 characters) starting with TR
  • Reference (≤35)
 Depends on the amount Payments to Northern Cyprus are treated as regular TRY payments.
USD

Exception: USD can be sent via ACH (USA) or SWIFT (outside the USA). 

ACH (to the USA):

  • Name (≤18)
  • Account number (4–17)
  • Routing number (9)
  • Full address (no P.O. boxes), reference (≤10). The routing number must support ACH. 

SWIFT (outside the USA):

  • Name
  • SWIFT/BIC
  • IBAN/account number
  • Recipient address (if the country does not use postal codes, enter 99999)
  • Purpose

ACH: 1–3 business days

SWIFT: 1–5 business days

 Not supported: For Further Credit (FFC) payments (e.g., sub‑accounts at certain brokers). FFC payments to final accounts outside the USA may be returned or blocked at the intermediary bank.
ACH payments are intended for domestic accounts in the United States.
UYU
  • Full name
  • Account type (checking/savings)
  • Account number (≤20)
  • Company ID RUT/RUC (12 digits)
  • Bank (+ branch mandatory for Banco Santander via dropdown)
  • Reference (≤35)
 Up to 2 business days
ZAR
  • Name (≤35)
  • Email address
  • Account number (7–11)
  • Bank
  • Phone number
  • Reference (≤18)
  • The beneficiary's date of birth (if individual - format YYYY-MM-DD), or the company identification number (if company - up to 14 digits)
 Up to 2 business days Each sender‑recipient pair must complete a mandate once per calendar year (South African Reserve Bank requirement). The recipient receives an email with the link (7 days to complete); otherwise, funds are returned to Wise.

Important: the timelines above are estimates. Currency‑specific timelines are shown on the One last look screen before you confirm.

☝️ Good to know: some currencies can be sent without an IBAN (e.g., SGD, USD via ACH).

For more information about international transfers in euros (SWIFT in EUR), see this article.

 

Which countries are supported (outgoing foreign currency transfers)?

  • Albania
  • Algeria
  • Andorra
  • Angola
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Bahrain
  • Barbados
  • Belgium
  • Benin
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Canada
  • Chile
  • China
  • Costa Rica
  • Côte d'Ivoire
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Dominica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Estonia
  • Ethiopia
  • Fiji
  • Finland
  • France
  • French Polynesia
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Greece
  • Guatemala
  • Guinea
  • Guinea‑Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Kenya
  • Kuwait
  • Laos
  • Latvia
  • Lebanon
  • Liberia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malawi
  • Malaysia
  • Mali
  • Malta
  • Mauritania
  • Mauritius
  • Mexico
  • Micronesia
  • Monaco
  • Montenegro
  • Morocco
  • Namibia
  • Nepal
  • Netherlands
  • New Zealand
  • North Macedonia
  • Norway
  • Palau
  • Papua New Guinea
  • Paraguay
  • Peru
  • Poland
  • Portugal
  • Romania
  • Rwanda
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Senegal
  • Serbia
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Suriname
  • Sweden
  • Switzerland
  • Taiwan
  • Tajikistan
  • Tanzania
  • Thailand
  • Timor‑Leste
  • Tonga
  • Tunisia
  • Turkey
  • Tuvalu
  • United Arab Emirates
  • United Kingdom
  • United States of America
  • Uruguay
  • Uzbekistan
  • Vatican City
  • Vietnam

☝️ Good to know: The United Arab Emirates and Saudi Arabia are two different countries (the former is supported, the latter is not).

 

How do I initiate an international transfer?

For detailed instructions, see How do I make an international transfer?

 

Which currencies are temporarily unavailable?

As part of the Wise partnership, it is currently not possible to send:

  • TND (Tunisian dinar)
  • CZK (Czech koruna)
  • SAR (Saudi riyal)
  • BHD (Bahraini dinar)
  • VND (vietnamese dong)

Our team is working to restore availability for these currencies.

Workaround: you can send USD to these countries (depending on the bank, USD may be accepted or converted by the recipient).