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Money Transfer
International money transfers in 70+ countries
Send money transfers in 70+ currencies across 170+ countries using local payment routes or SWIFT. See all fees upfront before you confirm any transfers.
- Avoid exchange rate markups and hidden fees
- Choose local payment routes or SWIFT
- Send payments to 170+ countries and process bulk
payments at scale
Why businesses switch to Sokin
Lower cross-border costs
Local routes reduce SWIFT fees and speed money transfer settlement.
Upfront FX. No surprises.
See exchange rates and fees before you confirm your money transfer.
Fully digital onboarding
Open a business account online with no setup fees through our web portal.
Globally regulated platform
Segregated client funds
Two-factor authentication
Fast and secure money transfers from your device
Make fast transfers, globally
Transfer funds in 70+ currencies across 170+ countries using local payment routes and SWIFT along with instant transfers to other Sokin accounts.
Save when you send
Transparent fees and competitive FX. See the exchange rate and total cost before you confirm the transfer.
Control payments securely
Assign user roles and control who approves payments before funds are released.
How it works
Hassle-free money transfers
Local routes or SWIFT. You decide.
Local payment routes are often faster and lower cost than SWIFT. We show local routes where available and keep SWIFT for global reach.
- Eliminate the need for wires Skip the delays and high fees of traditional wire transfers. Send money through local payment networks, just like a local.
- Save on international transfers Cut costs on global transactions. No unnecessary intermediaries, just more affordable payments.
- Pay using details your beneficiaries know and trust Make transfers effortless. Send payments in a way that feels familiar and convenient for your recipients.
Optimise global cashflow instantly
Move funds in real time,pay suppliers faster, and reconcile payouts with tools built for finance teams.
- Move funds instantly between global branches, even outside banking hours
- Settle suppliers, vendors, and contractors using local routes to reduce fees and speed settlement
- Process payouts at scale and reconcile with exportable reports and API automation
Transparent pricing
- FX exchange from 0.5%
- International SWIFT payments from 10 units
- Bulk payments free up to 5,000 per batch
Process up to 5,000 payments at once
Upload a CSV or Excel file with beneficiary details, preview totals and FX, then submit. Templates and API support are available for automation.
- Add multiple beneficiaries in one upload
- Preview totals and FX before you submit
- Automate payouts with templates or the Sokin API
Built for your trust
Your funds are always safeguarded
We keep your funds segregated from our own and place them with reputable banking partners, giving you the confidence that your money is always protected.
We're licensed throughout the globe
We operate under a global suite of licenses and regulatory approvals, meeting strict standards wherever you do business. See our full regulatory details here.
Bank-level security protects your account
We’ve built our infrastructure to meet financial-institution security standards and advanced threat protection, so you can focus on growing your business. View our Trust centre.
Money Transfer FAQs
How long does an international transfer take?
The time it takes for an international transfer to go through depends on the payment method and destination. For SWIFT payments, transfers typically settle within two business days. Local payment methods are usually quicker, with transactions often completed within minutes, or at most, within 24 hours. However, in certain situations, transfers may experience delays due to compliance reviews or regulatory checks.
What details are needed for international bank transfers?
To send an international bank transfer, you'll need the recipient’s full name as registered with their bank, along with their bank name and address. You’ll also need their account number or IBAN (if they’re in a country that uses IBANs), as well as the bank’s SWIFT/BIC code. In some cases, you may also need a sort code or routing number, depending on the country. Adding a payment reference is optional, but it can be helpful for tracking the transfer.
Is it better to pay via SWIFT or local payment methods?
It really depends on what you need from the transfer. SWIFT payments are widely accepted and secure, but they can be more expensive and take longer to process. If speed and lower fees are your priority, local payment methods are often the better choice, especially when sending money within the same currency. If both options are available, it’s always worth checking which one works best for your specific transfer.
What fees will I pay on transactions?
We charge two main types of fees on payments: a transaction fee and an FX fee. Transaction fees apply to all external transfers, while a fixed FX fee is charged whenever you convert currencies, regardless of the currency pair involved. These fees are transparently presented at the time of the transaction.
How many currencies can I send and receive?
Sokin supports transfers in over 70 currencies, allowing your business to transact seamlessly across global markets.
