Make unlimited payments to vendors around the world in a few clicks.
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Hear from visionary startups and leading brands who use Loop to build thriving businesses.
The Loop US bank account is completely life changing for our business. In our first year using Loop, we will benefit from about $50k in gains straight to our bottom line. So a really big thank you for coming out with this product.
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Our business was looking for working capital when we discovered Loop. Getting the capital we needed was simple, fast and a big game changer for us. We've seen immediate results and continue to partner with Loop.
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If you're a Canadian ecommerce merchant, you should get a Loop card. They have fixed all our cash flow issues, FX costs and issues with paying suppliers around the world. Saving us lots of money and headaches. Plus their team is great!
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Send payments from your Loop account without the long timelines, high fees and bureaucracy.
Wire fees
$0
$50
How you pay
Online
In Branch
FX rates
< 0.5%
2.5%
Accounting integrations
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No
Time to send payments
1 day
5 days+
Australian Dollar (AUD)
Israeli Shekel (ILS)
Russian Ruble (RUB)
Bahrain Dinar (BHD)
Japanese Yen (JPY)
Saudi Riyal (SAR)
Bulgarian Lev (BGN)
Kenyan Shilling (KES)
Singapore Dollar (SGD)
Canadian Dollar (CAD)
Kuwait Dinar (KWD)
South African Rand (ZAR)
Chinese Yuan (CNH)
Malaysian Ringgit (MYR) *
Swedish Krona (SEK)
Croatian Kuna (HRK)
Mexican Peso (MXN)
Swiss Franc (CHF)
Czech Koruna (CZK)
New Zealand Dollar (NZD)
Thai Baht (THB)
Danish Krone (DKK)
Norwegian Krone (NOK)
Turkish Lira (TRY)
Euro (EUR)
Omani Rial (OMR)
Ugandan Shilling (UGX)
Hong Kong Dollar (HKD)
Philippine Peso (PHP) *
UK Sterling (GBP)
Hungarian Forint (HUF)
Polish Zloty (PLN)
United Arab Emirates Dirham (AED)
Indian Rupee (INR) *
Qatar Rial (QAR)
US Dollar (USD)
Indonesian Rupiah (IDR) *
Romanian Leu (RON)
* Restricted currencies
You are able to make payments to all countries in the world, excluding:
Belarus
Libya
South Sudan
Crimea
Luhansk People’s Republic (contested region of Ukraine)
Sudan
Cuba
Myanmar
Syria
Donetsk People’s Republic (contested region of Ukraine)
North Korea
Venezuela
Iran
Russia
You can make payments in the following countries’ domestic currencies:
Australia
Austria
Belgium
Canada
Croatia
Czech Republic
Denmark
Estonia
Finland
France Netherlands
Germany
Greece
Hong Kong
Hungary
India
Indonesia
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malaysia
Norway
Philippines
Poland
Portugal
Romania
San Marino
Singapore
Slovakia
Slovenia
Spain
Sweden
United Kingdom
United States
Vatican
SEPA countries with local EUR payments
Austria
Belgium
Bulgaria
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Lithuania
Luxembourg
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Slovakia
Slovenia
Spain
Sweden
Switzerland
United Kingdom
Yes, you can make payments through Loop for free.
We may add a small wire transfer fee in the future to cover the cost we incur to process wires but for now everything is provided at zero cost!
You can send money to yourself, someone else, or a business, in any supported country as long as they have a local bank account. Your recipient doesn't need to have a Loop account to get their money.
You are not allowed to use our services to send money to restricted industries (such as unregistered charities, weapons or illicit drugs), speculate changes in FX or to make transactions deriving from crypto currencies.
There is no limit on the amount you can send to a payee.
There may be a limit for the amount that can be included in one individual transaction depending on the specific currency that you are sending money to which usually ranges between $1-5 Million.
Transfers made through Loop will arrive in your payee’s bank account within 1 business day.
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