Pay in money for the exchange
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Walutomat is an innovative currency exchange platform, where thousands of users exchange with each other, and daily turnover reaches millions of PLN. The system matches user’s offers and automatically conducts the exchange transaction. It’s simple and safe.
For example, when you want to exchange PLN for EUR, someone else wants to exchange EUR for PLN. Our system will automatically conduct an exchange, anonymously matching both sides of the transaction.
I want to buy 10 000 EUR with PLN
I want to sell 10 000 EUR for PLN
Transfers between Wallets is a fast and convenient way to transfer funds to other Walutomat users. You can do this in 9 currencies. All you need is an account in Walutomat and the person who orders the transfer – the funds in the Wallet. Transfer money to the Wallet to your family or settle shared expenses with friends. Instantly and for free!
Benefits:
Walutomat provides an easy way to exchange into currency account in just one step. After a transaction, we will immediately pay out funds to your account. For example, you pay in PLN and select an account to which you want to receive EUR.
Payouts to most Polish banks are free
The Wallet is your online money box in Walutomat service, allowing you to pay in and pay out your funds whenever you want. Thanks to this solution, you can immediately, without waiting for a bank transfer posting, exchange your funds. After an exchange, you can order at any time a payout to your account, an account of a recipient in Poland.
If you want to use currency outside the Walutomat.pl, you have to make a payout. You can do it in several ways:
If you want to send it to someone else (in Poland or abroad):
If you need cash:
If you want to use currency with your payment card:
You can choose two transaction options:
Currently the best:
Walutomat will automatically offer you an exchange rate for the fastest and most efficient transaction.
Own rate:
You enter an exchange rate most suitable for you. Because of that, you know exactly how much you need to pay in and how much currency you will get after a transaction. However, it would be best if you remember that an exchange will be effective only when another user will agree for the deal with the rate offered by you.
| Walutomat | Bank | Exchange office | |
|---|---|---|---|
| How does he earn? | Commission on exchange – see > |
Spread (the difference between the buying and selling rates) | Spread or commission |
| How much does he earn? | 0,06% – 0,2% | 1,5 – 6% | 1,5 – 10% |
| What determines the exchange rate? | From the course offered by thousands of other users | From the exchange rate of the National Bank of Poland and the spread amount | From the exchange rate of the National Bank of Poland and the spread amount |
| Where you exchange? | You exchange online | You exchange online or at a bank | You exchange in a currency exchange |
| How do you receive? | For own account or another person’s account | For own account | In cash |
To ensure the best possible exchange conditions, we combine the exchange mechanism between users with a guaranteed exchange rate.
How does this work?
If the user’s offer is matched with an order at a less favorable rate than the guaranteed rate, the order will be executed at the guaranteed rate. This rate will be more favorable to the user than the market rate at the time.
The guaranteed exchange rate is based on the average worldwide exchange rate plus a spread, which already includes the commission charged by Walutomat (0,2%). If you have a commission discount, this is also taken into account.
| Currency pair | Exchange rate guarantee for purchases (including Walutomat’s commission) | Exchange rate guarantee for sales (including Walutomat’s commission) |
|---|---|---|
| EUR PLN | average rate - 0,0150 | average rate + 0,0150 |
| CHF PLN | average rate - 0,0100 | average rate + 0,0300 |
| USD PLN | average rate - 0,0150 | average rate + 0,0150 |
| GBP PLN | average rate - 0,0200 | average rate + 0,0200 |
| EUR USD | average rate - 0,0050 | average rate + 0,0050 |
| EUR GBP | average rate - 0,0040 | average rate + 0,0040 |
| EUR CHF | average rate - 0,0075 | average rate + 0,0025 |
| GBP USD | average rate - 0,0070 | average rate + 0,0070 |
| USD CHF | average rate - 0,0075 | average rate + 0,0025 |
| GBP CHF | average rate - 0,0100 | average rate + 0,0035 |
| AUD PLN | average rate - 0,0150 | average rate + 0,0150 |
| BGN PLN | average rate - 0,0125 | average rate + 0,0125 |
| CAD PLN | average rate - 0,0150 | average rate + 0,0150 |
| CNY PLN | average rate - 0,0050 | average rate + 0,0050 |
| HKD PLN | average rate - 0,0021 | average rate + 0,0021 |
| HUF PLN | average rate - 0,000150 | average rate + 0,000150 |
| ILS PLN | average rate - 0,0090 | average rate + 0,0090 |
| MXN PLN | average rate - 0,0020 | average rate + 0,0020 |
| NZD PLN | average rate - 0,0150 | average rate + 0,0150 |
| RON PLN | average rate - 0,0060 | average rate + 0,0060 |
| SGD PLN | average rate - 0,0135 | average rate + 0,0135 |
| TRY PLN | average rate - 0,0080 | average rate + 0,0080 |
| ZAR PLN | average rate - 0,0017 | average rate + 0,0017 |
| EUR AUD | average rate - 0,0090 | average rate + 0,0090 |
| EUR BGN | average rate - 0,0110 | average rate + 0,0110 |
| EUR CAD | average rate - 0,0075 | average rate + 0,0075 |
| EUR CNY | average rate - 0,0600 | average rate + 0,0600 |
| EUR HKD | average rate - 0,0400 | average rate + 0,0400 |
| EUR HUF | average rate - 0,0200 | average rate + 0,0200 |
| EUR ILS | average rate - 0,0200 | average rate + 0,0200 |
| EUR JPY | average rate - 0,0100 | average rate + 0,0100 |
| EUR NZD | average rate - 0,0100 | average rate + 0,0100 |
| EUR RON | average rate - 0,0250 | average rate + 0,0250 |
| EUR SGD | average rate - 0,0070 | average rate + 0,0070 |
| EUR TRY | average rate - 0,5000 | average rate + 0,5000 |
| EUR ZAR | average rate - 0,1200 | average rate + 0,1200 |
The average rate in the table above is the worldwide exchange average rate. You can always check its value in the https://www.walutomat.com/en/exchange-rates/
The service provider guarantees the above rates during the week from Monday 8:00 a.m. to Friday 8:00 p.m. On weekends, the difference between the guaranteed purchase and sale rates may be doubled. This does not affect standard exchange rates or the commission, which remains at no more than 0,2%. This is due, among other things, to the fact that the interbank market is closed on weekends.
You have PLN and want Walutomat users to sell you 100 000 USD. The average worldwide exchange rate is 3,9850.
The standard guaranteed rate would be 4,0000, because:
3,9850 + 0,0150 = 4,0000 (including commission of 0,2% amounting to 0,0080)
However, in the case of this transaction, the exchange rate will be more favorable by 0,0020, as transactions exceeding 200 000 PLN result in an automatic reduction of the commission from 0,2% to 0,15%. This reduces the commission from 0,0080 to 0,0060 per currency unit.
The final guaranteed exchange rate is therefore 4,0000 – 0,0020 which is 3,9980
Depending on the available offers, the transaction will consist of exchanges on the market and, if there are no sufficiently favorable offers, also exchanges at the guaranteed rate. The maximum rate collected from the exchange will be equal to:
4,0000 / (1+0,2%) = 3,9920
| Sale rate | Total amount |
|---|---|
| 3,9901 | 34 000,00 USD |
| 3,9948 | 20 000,00 USD |
| 3,9998 | 46 000,00 USD |
| 3,9999 | 10 000 USD |
The transaction on the market, without the protection mechanism, would have executed at a price of 399550,2 PLN, which, after commission, would have amounted to 400149,53 PLN. This transaction would have consisted of offers ranging from 3,9901 to 3,9998.
Through the control mechanism, no fragment will perform worse than 3,9920, which is the guaranteed rate. As a result, the entire transaction will be concluded for 399135,4 PLN, which, after commission, will be 399734,1031 PLN.
As a result, in the example above, the guaranteed rate will result in a saving of 415,42 PLN, or an additional 0,0041 on each dollar.
In this example, the customer wants Walutomat to sell him dollars.
The average exchange rate on the interbank market is 3,9850. As a result, the standard guaranteed exchange rate is 4,0000, because:
3,9850 + 0,0150 = 4,0000
The commission paid by the client affects the final exchange rate, but not the level at which it will be matched with orders on the exchange.
To calculate the rate at which the client will conclude transactions on the market and at what point they will switch to the guaranteed rate, we must subtract the commission from the standard guaranteed rate:
4,0000 – (4,0000 * 0,2%) = 4,0000 – 0,0080 = 3,9920
As a result, the user’s exchange transaction will be matched in sequence with all offers up to 3,9920. If it were to be matched with an offer less favorable than 3,9920, the rest would be executed at the guaranteed rate, so that the user would not pay more than the guaranteed rate.
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.
