Benefits of Local Currency Transfers

If you are transferring funds to a local bank in your country, we recommend you transfer them in your local currency and avoid linking a non-local currency account. 

The benefit of this is:

1. You will avoid wire (Swift) bank transfer fees and reduce the involvement of correspondent and foreign banks in the transaction since you will use our local bank transfer systems.

2. You will benefit from XTRM's competitive exchange rates compared to traditional banks 

and will avoid getting charged significantly higher fees and less competitive exchange rates from the high street banks.

How to link your bank account in your local currency HERE

If you would like more information on exchange rates and transfer fees, please email