How much does Wallex charge in fees? 

At Wallex, our service and currency conversion are made to be simple and hassle –free. We believe in providing our customers with the best possible exchange rates. We source interbank FX rate and pass them directly on to you.  
 

We take care of the conversion process for you, using the mid-market rate and we only charge a small processing fee, which is a flat percentage based on the currencies you choose for your payments.  

 

Some key points to note:  

  • Signing up for a Wallex account is free.  
  • Fees start from USD 25 for outgoing payments via SWIFT or Local transfers. 
  • For incoming payments, we will charge a percentage-based fee depending on the currency received. For more information, please reach out to our sales team at contact@wallextech.com and they would be happy to assist you.  

  

We believe in transparency when it comes to sending money. Prior to initiating a transfer, you have the option to utilise our calculator to view our fees and exchange rates upfront. Please refer to the link here: currency calculator.