🌎 New in Holvi! Now you can send and receive euros via SWIFT. Foreign exchange transfers (currency conversions) coming soon in 2025.
Does Holvi charge a fee for international transfers?
Yes, we charge a €6.00 fee for incoming and outgoing international transfers. Unlike standard banks, we don’t charge a percentage of your total transfer amount. Instead, we charge a flat fee for any transfer sent to non-SEPA countries.
Is the country you’re sending money to included in SEPA?
Transfers to countries within the Single Euro Payments Area are treated as local transfers, meaning you can send them as a normal bank transfer.
How are international transfer fees billed?
International transfer fees are charged separately from the SWIFT transfers. They’re included in your monthly Holvi service fees invoice. When completing an international transfer, you’ll always see the final cost plus the transfer fee prior to confirmation.
You can find each monthly invoice in your Profile (top right) > Plan & billing.
Will the recipient get the full amount?
We do not deduct anything from your outgoing international transfers. However, it’s possible that the receiving bank may make deductions from your total amount.
This means that your recipient may receive less than you actually sent.
Different banks have different procedures for sending and receiving international transfers. Unfortunately it’s not possible for us to know what fees the receiving bank will charge, if any.
Why do we charge for international transfers?
International transfers are rarely straightforward transactions. Intermediaries are required to get your funds from A to B (or even from A to B to C to D) and a number of processes need to happen in order for the money to arrive safely. As such, we charge a small fee to cover our overhead costs.