Simplex’s fee for outgoing SWIFT transfers is 0.1% or 50 EUR minimum, depending on which one is higher.
Please note that the outgoing fee is charged on top of the amount, meaning that the remaining balance must cover it.
For example: if the total balance is equal to 100 EUR, the amount that will be needed to be inputted for withdrawal is 50 EUR, as the remaining balance will be taken to cover the processing fee. Therefore we recommend to use SWIFT services only if the transfer is above 1000 EUR due high fees.
Additionally, intermediary banks might charge an additional processing fee, which will be deducted from the transfer amount. They are credited to corresponding banks; please note that Simplex is not responsible for them.