If you check our rates for the bank transfer, you will notice that the price is lower. We can provide a better pricing on bank transfers because the costs Flywire incurs to provide cross-border bank transfers are typically lower than for credit card options. Select this option if you are looking to make a payment at the lowest cost available.
Credit card payments on the other hand, are instantaneous and offer many advantages in terms of convenience and speed.
If you need to make a time-sensitive payment, then the card option is a great choice. We advise payers to use credit cards denominated in their local currency to minimize charges resulting from the currency conversions. If a dual or different currency credit card is used, the payer’s bank may charge an additional currency conversion fee to send the payment to Flywire.