A borderless account for travellers, expats and freelancers.

Spend in any currency, receive money for free and send money around the world with your own foreign currency account — on average 8x cheaper than leading UK banks.

Compare our fees to the banks
Swift pay
Regulate FCA

Compare Swift Pay to UK high-street banks.

To see what you could save, here's the cost of spending £250 in Euros with Swift Pay vs. UK high street banks. See how we got this data.

Compare the costs
Send £250 to EUR £7.89 £18.73 £23.55
Spend £250 on debit card in EUR £15.66 £17.43 £16.91
Withdraw £250 / month cash in EUR £17.14 £18.40 £20.64
Receive AUD, NZD, EUR, GBP, PLN and USD into your account N/A N/A N/A

Data collected by an independent research agency.

Bank foreing currency

What is the Swift Pay foreign currency account?

Send money around the world, and avoid the unfair exchange rates set by banks. With Swift Pay, you’ll always get a great deal.
Get paid with your own bank details. Anyone can use them to pay you like a local. You can hold more than 50 currencies at once, and convert between them in seconds.
And with your own debit Mastercard®, you can spend in the local currency — wherever you are. It's accepted anywhere that takes Mastercard.
Join millions who get a great exchange rate, and the low fees we’re known for.
Open borderless account

The Swift Pay account in 90 seconds.

Bank foreing currency

Easy online setup.

Get your free foreign currency account quickly and easily online.

Just complete your profile and upload your ID documents to verify your account for security. Then start sending and receiving money around the world.

Mother and daughter shopping with Swift pay, my mortgage and spending abroad.

Danielle Young, Mother & business-owner


Get local bank details..

These currencies come with your very own bank details. Anyone can use these to pay you just like they'd pay a local.

europe flag British Pound

Get your own Account Number and Sort Code.

europe flag Euro

Get your own SWIFT/BIC and IBAN details.

europe flag US Dollar

Get your own Routing (ABA) and Account Number.

Australia flag Australian Dollar

Get your own BSB Code and Account Number.

New-Zealand flag New Zealand Dollar

Get your own Account Number.

hungarian flag Hungarian Forint

Get your own Account Number.

hungarian flag Romanian Leu

Get your own SWIFT/BIC and IBAN details.

singapore flag Singapore Dollar

Get your own Account Number.


It's free to set up your Swift Pay account.
It's free to get your international bank details and free to receive money using those bank details.
There's a cheap, transparent fee to convert between currencies - either in your account or if you spend on your Swift pay debit Mastercard® in a currency you don't have in your account.
When you convert money in your account it's always with the real exchange rate, and you always see our low, transparent fee up front so there's never any surprises. And if you spend on your debit Mastercard in a currency you don't have, it autoconverts the balance with the lowest fee, so you never have to worry.
Read more about pricing

We charge a fee to convert money between currencies in your account. It varies from currency to currency. We recently changed the way we work out those fees. The easiest way to understand your conversion fees is to visit our price checker.

You'll always see these fees upfront in your account, so there are no nasty surprises. And you're guaranteed the mid-market exchange rate — like the one you see on Google.
Check the latest fees

AThere's a small fixed fee to withdraw funds from your Swift Pay account to another account in the same currency. The fee we charge to send money depends on the currency you're sending from.

This is the lowest we can charge to cover costs, and we're committed to getting the fee down over time.

See same currency transfer fee by currency

Swift Pay is an authorised Electronic Money Institution independently regulated by the Financial Conduct Authority (FCA) in the UK.

This means we're required by law to keep your money safe by storing it in a low-risk financial institution - in Europe this is in our UK account with Barclays, in the US this is in our US account with Wells Fargo.
These accounts are reserved for customer money, this means your money is kept in a separate account from the money we use to run the business.
In the unlikely event Swift Pay ceased to exist, your money would be paid back from this account, ie from Barclays or Wells Fargo, however it is not covered by the Financial Services Compensation Scheme (FSCS) and therefore is deposited at your own risk. You also cannot earn interest on the money in your Swift Pay account.
Millions of customers trust Swift Pay with their money. We move over £4.5 billion every month, and we take the safety and security of your money seriously.
The Swift Pay debit Mastercard is issued by Swift Pay Ltd under license by Mastercard International Inc. Mastercard is a registered trademark, and the circles design on the card is a trademark of Mastercard International Incorporated. Swift Pay is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money.