How do I make fast and easy international transfers?

bunq

Hey bunqers 🌈

Make foreign currency payments quickly and easily in up to 39 currencies. With bunq, the fees are always clearly shown, so you know exactly what to expect -no surprises, just straightforward payments 🚀

How do I send a Foreign Currency transfer?

Go to the 🏠 Home tab
Tap on 🟠 Pay
Tap on Choose Currency
Choose the currency you want to transfer money in
Make a payment to the recipient in their currency
Done ✅

Note: If you plan to make more payments like this, consider opening a Foreign Currencies Account with us. You can find more details here. If you have a Foreign Currency account but wish to to pay from your EUR account, simply select the EUR account for the payment, and the funds will be deducted from there.

How do international transfers work?

When you make an international transfer the fee for the transaction is displayed before you confirm the payment. This fee is directly included in the amount transferred, so there are no hidden costs.

When will my international transaction arrive?

The estimated arrival time of an international transaction depends on two main factors:

The country you're sending money to - Transaction times may vary if the country you're sending money to observes a national holiday.
The time you initiate the transfer - One-time FX payments are processed during normal banking hours.

Why is bunq's fee lower than traditional bank fees?

We’re able to offer lower fees because it avoids international wire transfers, which can often come with significant costs. When you send money through bunq, the funds never actually leave the originating country.