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 support@xtrm.com
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article