SWIFT Remittance


  • Flow of Funds

    Deposits:Withdrawals:


  • Sender's Bank Fee

    When you deposit via SWIFT remittance, you may be charged a sender's bank fee by your bank.
    * This fee may be between $10 - $25 USD

    When you withdraw via SWIFT remittance, you will be charged a sender's bank fee by BTSE's bank.
    * This fee will be between $25 USD - 0.15% of withdrawal amount

  • Intermediary Bank Fee

    When an Intermediary bank forwards/transfers money, they will charge you an intermediary bank fee.
    * This fee may be between $10 - $30 USD


  • Beneficiary Bank Fee

    When you deposit via SWIFT remittance, BTSE's bank does not charge the beneficiary bank fee.

    When you withdraw via SWIFT remittance, you may be charged the beneficiary bank fee by your bank.
    * This fee may be between $10-$25 USD


Therefore, there may be $20 - $80 USD fee deducted from your total deposit/withdrawal amount accordingly.




Faster Payments Service


  • Flow of Funds (GBP deposits and withdrawals only)

    Deposits:


    Withdrawals:


  • Sender's Bank Fee

    When you deposit via the Faster Payments Service, you may be charged a very low (or free) sender's bank fee by your bank.
    * This fee may be between £0 - £5 GBP

    When you withdraw via the Faster Payments Service, you will be charged a sender's bank fee by BTSE's bank.
    * This fee will be between $25 USD (roughly £20 GBP) - 0.15% of withdrawal amount

  • Beneficiary Bank Fee

    When you deposit via the Faster Payments Service, you will be charged a very low fee by BTSE's bank.
    * This fee may be between £1 - 0.08% of deposit amount

    When you withdraw via the Faster Payments Service, you may be charged a very low (or free) sender's bank fee by your bank.
    * This fee may be between £0 - £5 GBP


Therefore, there may be a total of £1 - £26 GBP fee deducted from your total deposit/withdrawal amount accordingly.