For transfers involving currency exchange, Wyre will charge a 0.75% processing fee, or a minimum fee, determined by payout currency. This means if the 0.75% fee is less than the minimum fee, we'll charge you a flat fee for your transfer. It's important to note that Wyre uses the mid-market exchange rate for exchanging fiat currencies. We pull rates from multiple exchanges to determine the rates for BTC.
To learn more, visit: http://support.sendwyre.com/fees-and-rates/cross-currency-transfer-fees
For same currency transfers (e.g. USD/USD), Wyre will charge a 0.20% processing fee, or a minimum fee, determined by payout currency. This means that if the 0.20% fee is less than the minimum fee, we'll charge you a flat fee for your transfer. Any same currency transfer will have a 0.20% processing fee with the exception of bitcoin (BTC), which has a separate miner fee.
To avoid this fee when withdrawing money back to your bank account, please email [email protected].
Transfers completed within the dashboard (e.g. sending to a registered email address on Wyre) will remain free.
To learn more, visit: http://support.sendwyre.com/fees-and-rates/same-currency-transfer-fees
Wyre will require a minimum fee, determined by the payout currencies listed above. There are no minimum fees for other supported currencies not listed here (e.g. MXN, BRL).
Users will be charged a flat fee according to the schedule above for any transaction amounts that don't reach the minimum.
To give an example, if you're trying to send 200 CNY, 0.75% of that amount is only 1.5 CNY, which is lower than the minimum fee. In this case, you would instead be charged a flat fee of 3 CNY for the transaction. We'll charge whichever is higher.
For accounting purposes, all fees will continue to be listed in the originating currency.
To learn more, visit: http://support.sendwyre.com/fees-and-rates/fee-minimums
Below are the minimum amounts for sending money using Wyre:
Please send us an email at [email protected].