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Bitwala provides cheap cross-border transfers for altcoin users

Bitwala, Europe's bill payment service that facilitates paying bills with bitcoin, has announced to offer cheapest international money transfers for Ether, Dash, Litecoin, and Dogecoin users.

According to the official release, apart from paying bills and topping up bitcoin debit cards, altcoiners can now make USD and SEPA transfers by using their altcoins to over 35 countries that are within the list of SEPA scheme countries which includes 28 European Union (EU) countries and 3 European Economic Area (EEA) countries.

Bitwala supports currencies of all European countries including EUR, GBP, CHF, DKK, NOK, SEK, CZK, PLN to name few. USD transactions are also supported throughout the globe.

“We are offering the best currency rates and fees on the market. We also believe transparency is the key when it comes to providing excellent service to customers. With Bitwala, you will never find any hidden costs and fees which will sting you in the end,” the Bitwala team stated.

Bitwala charges 0.5% fee of the total amount or a minimum of 1 EUR per transaction for SEPA transfers. It takes within one working day for the recipients to receive the funds. In case of SWIFT transfers, same 0.5% fee plus 15 EUR per transaction is charged and the transfer funds take between 2 to 3 days to reach the recipient. The transfer time depends on the transfer clearance time of the receiving bank.

With the lowest fee, Bitwala stands the cheapest service with the best price on the market. In May, Bitwala announced free bitcoin debit cards to the first 2000 clients which can be used to swipe at any POS that accepts VISA, cash out at any ATM and pay online.

Bitwala is the smart way to send money easy, safe and fast. Users can send money to their friends abroad or pay their bills without a bank account.

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