International Payment Overview
Summary of how Crezco helps you send/receive money internationally
Crezco has access to two payment rails. We can either pay out via local rails or via SWIFT.
Payment types
Local (regular) payments
Local payments are domestic or SEPA for EU payments. The payer will incur a fee of about £0.3 - £0.6 per transaction, but please note that there are some local rails that can be more expensive (e.g Fedwire). The beneficiary will receive the full amount.
SWIFT payments
SWIFT is another option payers can use if local payment rails are not available to make an international payment. The payments are in the payee’s name.
There is a charge for SWIFT transactions with Crezco of £6.
Countries that Crezco supports
Currencies that Crezco supports
Countries that support local payouts