Are there fees to send money internationally?

Yes, there are small fees when you send money to someone outside the U.S. You’ll see a clear breakdown of these fees on the review screen before you send.

How the fees work: 

• Processing fee: We charge this small fee to help us cover secure payment processing and compliance. It’s included in the total you’ll pay and will appear as a separate line in your Activity.
• Network fee: This fee is set by our payment partner and depends on how much you’re sending. It’s subtracted from the amount before it’s converted to your recipient’s currency. So the final amount they receive may be slightly lower than what you send, depending on the fee and the exchange rate. 

We’ll always show you the exact amount your recipient will receive on the Review screen before you confirm and send the payment.

Global remittance services are available to SoFi members through SoFi Checking and Savings. SoFi Checking and Savings is offered by SoFi Bank, N.A., Member FDIC. Transfers are subject to the terms of the SoFi Bank Deposit Account Agreement in effect at the time of payment. Fees, exchange rates, and estimated delivery times will be presented prior to payment confirmation. Service availability may vary by country or recipient.