International Money Transfer

Use Betalo to send money abroad - cheaper and simpler

We’re up to 8x cheaper than the banks

No hidden fees - you always see what you pay and what the recipient gets

You always get the best negotiated exchange rate - we add no markup

The exchange rate is guaranteed during the entire payment

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How do I make a transfer?

1. Download the app

Download the app and log in using mobile BankID


3. Add details

Add details about recipient - IBAN, name and address

2. Select payment source

Add a card as payment source


4. Complete

Complete payment

Fees for making an international transfer with Betalo

Card Type Exchange rate Transfer fee Service fee
Visa & Mastercard* No mark-up 0.5% 0.0%

* Prices above also apply to the cards we have partnership with. American Express cannot be used to make an international transfer.

Please note that if the recipient's bank would require a fee, this will be charged to the recipient.

Why is Betalo up to 8x cheaper on average?

Betalo compared it’s pricing using data from, a government-funded, online service that compares the fees and exchange rates for transfers abroad.

On October 13, 2016, we compared the transfer fees of our most common competitors for sending 1000 SEK to a Euro currency country (for example, Finland). We used online and phone transfer pricing and excluded walking into a branch office.

The average cost for sending an international money transfer with Betalo can be up to 8x cheaper than other companies surveyed in this data.

What exchange rate do I get?

Many banks and providers of foreign transfers add a margin to the exchange rate. It is also often hard to understand what exchange rate you will get, so often you end up paying more than you expected.

With Betalo, you always get the exchange rate that we’ve negotiated, without any markups. We don’t add any costs to our price to buy currency. The price is fair and transparent - just as it should be. Our exchange rate is guaranteed during the entire payment process.