For currency conversions, Bancoli always uses the real mid-price, also known as the interbank rate. Bancoli can deliver funds globally over the SWIFT network in 50+ currencies; however, it is often more efficient to utilize the local payment networks to deliver funds, especially for smaller payments.
FX fees are shown on bancoli.com/pricing. When making an FX payout, Bancoli will prioritize the delivery over the local payment rails to 40+ countries in the following combinations:
Argentina | ARS (coming soon) |
Australia | AUD |
Austria | EUR |
Bangladesh | BDT |
Belgium | EUR |
Brazil | BRL |
Bulgaria | BGN or EUR |
Cambodia | KHR (coming soon) |
Canada | CAD |
Chile | CLP (coming soon) |
China | CNY or USD |
Colombia | COP |
Croatia | EUR |
Czechia | EUR |
Denmark | DKK or EUR |
Egypt | EGP (coming soon) |
Estonia | EUR |
Finland | EUR |
France | EUR |
Germany | EUR |
Greece | EUR |
Hungary | EUR |
Hong Kong | HKD |
Iceland | EUR |
India | INR |
Indonesia | IDR |
Ireland | EUR |
Italy | EUR |
Japan | JPY |
Lithuania | EUR |
Luxembourg | EUR |
Malaysia | MYR |
Malta | EUR |
Mexico | MXN |
Monaco | EUR |
Netherlands | EUR |
New Zealand | NZD |
Norway | NOK or EUR |
Pakistan | PKR |
Peru | PEN (coming soon) |
Philippines | PHP |
Poland | PLN or EUR |
Portugal | EUR |
Romania | EUR |
Singapore | SGD |
South Africa | ZAR |
South Korea | KRW |
Spain | EUR |
Sweden | SEK or EUR |
Switzerland | EUR |
Thailand | THB |
Türkiye | TRY |
United Arab Emirates | AED (coming soon) |
United Kingdom | GBP or EUR |
United States | USD |
Vietnam | VND (coming soon) |
Payments over the global SWIFT Network
If the above combination doesn’t show your desired currency and country combination, then Bancoli will have to utilize the SWIFT network to deliver your requested payout. Bancoli can deliver funds to bank accounts globally over the SWIFT network in the following 50+ currencies:
USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, SGD, AED, BRL, CNY, CZK, DKK, HUF, IDR, ILS, INR, KRW, MXN, MYR, NOK, PLN, THB, TRY, ZAR, BGN, BHD, BWP, CLP, COP, CRC, DOP, EGP, GHS, HNL, KES, MAD, MGA, MUR, NGN, PEN, PHP, PKR, RON, RSD, SAR, TTD, TWD, TZS, UGX, and UYU.
For further information, visit https://bancoli.com/pricing.