International transfers are built around a complex infrastructure and there are many parties involved behind the scenes. Therefore, unfortunately, we can't make international transfers completely free.

However, at Lunar we do not charge a fixed fee, instead we charge an exchange rate surcharge of 1% when exchanging currency in connection with an international transfer.

In addition, there are special cases where an additional fee may be charged, e.g. for transfers that need to be handled manually. You can read more about these charges in our detailed price list.

We recommend that you transfer in the currency that matches the currency of the recipient's country. So for example CHF for transfers to Switzerland, GBP for payments to the UK, EUR for payments to Spain, France, Germany, etc. However, if the beneficiary's bank account is a foreign currency account in another currency, we recommend that you choose the currency that matches the account.

IBAN stands for International Bank Account Number and consists of a country code followed by a number. IBAN is used in most of Europe and in a number of other countries outside Europe. IBAN identifies the country, the bank and the person or company receiving money.

BIC stands for Bank Identifier Code and is also known as a SWIFT code - SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. SWIFT is the international transfer infrastructure that allows financial institutions to send money across borders.

The BIC is a bank's identification number and is also used for international payments. All banks have a BIC, which consists of 8 characters. This is typically used for international transfers to banks in countries that do not use IBAN. Therefore, you need to know both the recipient's local account number and the bank's BIC when creating a transfer to a country that does not use the IBAN solution.

Yes, you can!