What happens if the transfer currency is different from the account currency? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What happens if the transfer currency is different from the account currency?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

The bank may automatically convert the currency or refuse/request a suitable account depending on the account and bank.

Before sending, agree on the actual currency that will be received, the exchange rate, and any fees; currency differences may result in unexpected costs.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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