Monzo International Transfer Fees Calculator
What Monzo charges to send money abroad from a UK account, for all 44 currencies it supports. From £2.50 on £1,000 to euros; fees change on 1 November 2026.
Monzo International Transfer Fees
A variable fee plus a fixed fee by currency, at a rate Monzo says is usually the mid-market rate
How the fee is made up
Extra for some payment methods: €3.55 if sent by SWIFT.
Monzo shows the exact fee and exchange rate in the app before you confirm a payment. Card payments abroad and receiving money are priced separately, below.
Monzo's fee for every currency
Monzo's table in force from 7 September 2026 to 31 October 2026, for a payment sent from pounds. The cheapest currency to send is the Euro at 0.25% (min £0.01); the dearest on £1,000 is the Moroccan dirham at £20.70.
A few currencies cost extra when sent by a particular method: Brazilian real, IOF tax may apply; Canadian dollar, CA$0.77 if sent by Interac; Chinese yuan, ¥59.39 if sent by SWIFT, ¥13.46 if sent by WeChat; Euro, €3.55 if sent by SWIFT; US dollar, US$2.90 if sent by SWIFT.
What changes on 1 November 2026
Until 31 October 2026, Monzo caps the fixed fee at £9 and the variable fee at 1.8%. From 1 November 2026, it says the fixed fee will be under £0.80 for most currencies, and up to £11 in some cases, with extra fees or taxes for certain currencies.
Monzo has not yet published the new fee for each currency, so the calculator and table show the fees in force today. Once the new table is out, this page will show it, with the old and new fee side by side.
Monzo's other fees abroad
Compare before you send
Monzo itself points customers to Wise for currencies it does not support. To set Monzo's fee against Wise on the same transfer, use the Wise fee calculator or open a Wise account. The Revolut fee calculator prices another UK app; for a UK business account, see the Tide fee calculator.
Monzo fees: common questions
How much does Monzo charge to send money abroad?
A variable fee plus a fixed fee that depend on the currency. On £1,000 it runs from £2.50 (Euro, 0.25% (min £0.01)) to £20.70 (Moroccan dirham, 1.77% + £3.00). Monzo says it uses a third-party exchange rate that is usually the mid-market rate, and shows the exact fee in the app before you confirm.
What does Monzo charge to send euros?
0.25% (min £0.01), so £2.50 on £1,000. If the payment goes by SWIFT, Monzo adds €3.55.
What does Monzo charge to send US dollars?
0.25% + £0.74, so £3.24 on £1,000. A payment sent by SWIFT adds US$2.90.
What does Monzo charge to send money to India?
0.93% + £0.41 to rupees, so £9.71 on £1,000.
What changes on 1 November 2026?
Monzo says that from 1 November 2026 the fixed fee for a payment with a currency conversion will be under £0.80 for most currencies, and up to £11 in some cases. The current table caps the fixed fee at £9. Monzo has not yet published the new fee for each currency; this page will be updated when it does.
Is Monzo free to use abroad?
Card payments in a foreign currency are free. Cash withdrawals outside the European Economic Area are free up to £200 in a rolling 30-day period, then 3% of the amount. Sending money abroad by bank transfer carries the fees above.
Does Monzo charge to receive money from abroad?
Receiving pounds is free. A payment in euros or another foreign currency is converted to pounds with a 1% currency conversion fee, capped at £1,000.
Does Monzo use the mid-market rate?
Monzo says it uses a third-party exchange rate which is usually the mid-market rate, and shows the rate and the exact charge in the app before you make an international payment.
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Last Updated: Fees read from Monzo's international fee table and its fee information page on 18 October 2026.