Important details about making an international payment
When paying an international bill, you’ll see a foreign exchange (FX) rate, an FX fee, and the final payment amount.
It’s important to understand that these amounts are indicative estimates based on the current FX market rates. Here’s how it works:
- The FX rate, FX fee, and final payment amount are estimated when you set up the payment.
- The actual FX rate, FX fee, and payment amount will be confirmed when the payment is approved and processed by our partner, Nium.
- Market FX rates fluctuate, meaning the final amount may be slightly different from the initial estimate. For more on key risks, please refer to our Product Disclosure Statement (PDS).
- The FX fee for international bill payments is 0.95% of the transaction.
Ensuring sufficient balance and budget
To make a successful international payment, you’ll need to have:
- Enough funds in your Weel account balance.
- Sufficient allocation within your budget to cover the transaction amount at the converted amount, considering the FX rate at the time of processing and including the FX fee.
Current availability
We currently support international bill payments in USD to US bank accounts. We’re working to expand our currency and country options, which are coming very soon!