We'll delve into how our commissions work and what you can expect when making transfers through our service.
What are Profee's transfer fees?
For the first transfer, we charge no fee. For all further transfers, the following fees apply: for cross-currency transfers, there’s a fixed fee of €1 (or £1 for the UK). For transfers in the same currency, the fee depends on the amount:
- For EUR-EUR transfers: up to €100, the fee is 4.5%, but no more than €1; over €100, the fee is 1%.
- For GBP-GBP transfers: up to £100, the fee is 4.5%, but no more than £1; over £100, the fee is 1%.
- For transfers in local currencies: up to $100, the fee is 4.5%, but no more than $1; over $100, the fee is 1%.
We charge 0% fees for all transfers to some countries. You can find out if this applies to you by selecting the destination, currencies, and amounts for your transfer.
Why are Profee's exchange rates beneficial?
Profee offers competitive exchange rates for currency conversion. We charge minimal service fees with no hidden costs and 0% fee for certain countries. New clients can benefit from promotional exchange rates for certain cross-currency transfers and can use various promo codes for additional savings.
You may find a currency exchange calculator at the main page of our website; apart from that, we will show you the amount to be received before the transfer confirmation. Thus, you may be sure that sending money with Profee is always profitable.
Are there options for fee-free transfers?
Yes, there are options for fee-free transfers with Profee. Your first transfer is always free of charge, and we offer 0% fees for transfers to specific countries. Additionally, you can benefit from special promo rates and promo codes for further savings and fee-free opportunities.
For a quick guide on the transfer process, you can watch our video. If you're new to the Profee mobile app, check out our detailed article for more information.