At Transfer vault, we provide competitive and transparent foreign exchange rates and fees. You can find a comprehensive overview of all our applicable fees on our website.

Unlike typical corporate banks, Transfer vault does not impose any fees for opening an account or require monthly subscription fees. Instead, Transfer vault earns revenue from a spread on each currency conversion, which represents the difference between the market rate and the rate offered to clients. This spread is clearly disclosed on our web platform or communicated to you over the phone for transparency.

Transfer Vault currently offers over 30 currencies to open accounts, receive payments, hold funds and make payments.

Transfer vault emphasizes a highly personalized experience, starting from your initial inquiry about our services to your decision to join us. Once you have an account, you can reach out to your customer success manager at any time for assistance with any issues you encounter. Additionally, you will have a dedicated account manager available to help with inquiries regarding our hedging solutions.

Transfer vault operates as a regulated payment institution under the European PSD2 directive, which sets strict guidelines for how payment institutions manage client funds and transactions.

According to PSD2 regulations, Transfer vault must segregate client funds from its own and hold them in accounts at custodian banks. Additionally, Transfer vault is required to maintain adequate cash reserves to ensure its financial stability. These measures are designed to safeguard client funds, ensuring that in the rare event of Transfer vault insolvency, client funds remain protected and can be returned to the clients.