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How long does the exchange take?
The execution time depends on the type of exchange rate you choose. If you choose the current best rate offered on the site the exchange will take place immediately. This saves you time and makes the exchange quick and easy.
If you are looking for a bargain or are familiar with the foreign exchange market, you can set your own buying or selling rate. In this case, the exchange time is difficult to estimate. The exchange can be carried out immediately if the rate you offer is attractive to other Walutomat`s users (if there is a person or company who has previously offered to buy or sell the same currency at the rate you offer). If you offer a rate which is far from reality (too high or too low), the transaction will only be carried out when another user of the website wants to carry out a transaction at the rate you offer.
In both cases, Walutomat performs the transactions for you, you don’t have to do anything but deposit money for the exchange and choose the exchange rate.
See also: What the transfer time depends on
- How much does it cost to use Walutomat?
- How do I exchange currency at Walutomat?
- How do I deposit and withdraw money as quickly as possible?
- How do I change my personal details or phone number?
- Is it safe to exchange at Walutomat?
- What do I need to do to exchange currency at Walutomat?
- Will I receive an invoice?
- Does my bank charge a commission on foreign currency transfers?
- How do I open a foreign currency account?
- Do I need to register to use Walutomat?
- How long does the exchange take?
- Why does Walutomat ask for a reason for the transfer?
Discount voucher for new customers!
Enter your email address and we will send you a 50% discount codea
for the commission on your first exchange.
Receive an e-mail!
We have sent you an email with a 50% discount code for the commission on your first exchange! Click on the link in the email and register to use the discount.