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Free tool

Money transfer business calculator

Planning your own money transfer app? See what transfer fees and an exchange rate margin could bring in each month, after your costs, from your own numbers. Free, no sign-up, nothing leaves your browser.

Money on its way
  1. Pick who to pay and type the amount
  2. Tap send and it is on its way
  3. It lands in their account

Every figure here is only an example: put in the fees you plan to charge and the costs your partners quote you. It leaves out staff, marketing and compliance costs.

Profit each month
£1,836
£22,032 a year, on £120,000 sent a month
Income a month
£2,396
Costs a month
£560
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How money transfer businesses make money

Most charge a transfer fee, add a margin to the exchange rate, or both. Behind the scenes, a money transfer operator settles with its partners in bulk rather than moving each payment separately, and its partner in the other country pays out to a bank account, a wallet or for cash collection.

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What it takes to start one

Money transfer is regulated almost everywhere, so a money transfer operator needs a licence or registration, or to work under a licensed partner, plus identity and anti-money laundering checks, and payout partners in the countries it serves.

See it happen

Your own money app
  1. Name it and pick your colours
  2. Choose what it does
  3. Launch when you are ready

Try it

Name your platform and watch it come to life

Type a name, tap a colour and pick what it does. The phone changes as you go.

Colour

What it does

Build mine

Design and preview your whole platform free, then launch when you are ready.

Launch your own money transfer app

SendPay Transfer platforms let you launch a money transfer app under your own brand, powered by licensed partners. It is free to design and preview, and you launch when you are ready. SendPay tells you in writing which licences apply to your platform before you launch.

Before you go

Create your free SendPay account

It's all about creating your own financial platform with ease. Start with a free account today.

  • A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
  • Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
  • A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
  • Your own financial platformDesign and preview your whole platform free, then launch when you are ready.

SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.

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