A transparent rate, no hidden fees
Many banks bury their profit in the exchange rate and charge a separate wire fee, plus potential intermediary bank charges. Swaparoo includes everything in one transparent rate: what you see is what you pay.
SWAPAROO VS BANKSSwaparoo vs Banks
Swaparoo vs Banks
compare fees, speed and support
Bank fees vary widely from bank to bank. Here is what Swaparoo offers: a real market exchange rate, the fee built into that rate, and delivery via PIX in Brazil or straight to an Australian bank account.
SwaparooBanks
Exchange rate markupReal market rateVaries by bank
Wire/transfer feeIncluded in rateTypically US$25–50 per wire
Intermediary bank feesMay apply additional charges
SpeedPIX in Brazil · up to 1 business day in AUDTypically 1–5 business days
PIX (Brazil)
Rate transparencyFull, before sendingOften revealed only at settlement
Crypto support
Real-time tracking
Weekend/holiday deliveryVia PIX in Brazil
Comparison based on publicly available pricing. Last updated April 2026.
Try Swaparoo free →Why customers switch
Fees, speed and support: what changes with Swaparoo.
Local rails, not slow wires
Traditional bank wires often take several business days and stop processing on weekends and holidays. Swaparoo pays out through local rails instead: PIX in Brazil and domestic bank transfer in Australia, with AUD payouts in up to 1 business day.
No hidden fees or surprises
Banks often reveal the actual exchange rate only after settlement, and intermediary banks can deduct additional fees en route. With Swaparoo, you see exactly what your recipient gets before you send.
Modern, mobile-first interface
Forget clunky banking apps and branch visits. Swaparoo is built for the modern user, send money in minutes from your phone with real-time tracking and instant notifications.
Frequently asked questions
Everything you need to know before switching from your bank to Swaparoo.
Many banks make money by burying a margin inside the exchange rate, plus charging a separate wire fee, and intermediary banks can add further charges along the way. Swaparoo charges everything transparently, built into the rate.
It depends on the amount, corridor and bank. Since bank costs are usually buried in the exchange rate and wire fee, a transparent rate like Swaparoo’s tends to work out cheaper.
Yes. Swaparoo is registered with AUSTRAC as a Digital Currency Exchange and Remittance provider, follows anti-money laundering regulations, and uses bank-grade encryption throughout.
Usually not. Most Australian banks still rely on traditional SWIFT transfers, which pass through intermediary banks and take days. Swaparoo delivers straight to Brazil via PIX, the country’s instant payment rail.
Rarely clearly. The final rate is often only shown after the transfer settles. Swaparoo shows the real rate and exact amount your recipient gets before you confirm the send.
Ready to switch from your bank?
Join thousands of customers who save money and time on every international transfer with Swaparoo.