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How does it work

We are the most significant European online currency exchange platform. Here users create exchange rates.

Exchange is quick and easy

Pay in money for the exchange

Convenient payment methods

  • Fast transfer Przelewy24
  • Bank transfer
  • Payment card
  • Pay in with QR code
  • Google Pay
  • Apple Pay
  • BLIK
Choose a currency for the exchange Favourable exchange rate
  • You can exchange PLN, EUR, GBP, USD, CHF, CZK, DKK, NOK, SEK
  • Max. 0,2% service charge
Receive your money Choose how to collect money

Thousands of users create offers

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

Free and instant transfers between Walutomat users

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:

  • 0 PLN per transfer
  • Recipients receive the full amount without any deductions
  • Instant delivery time
  • Safe and easy to use

 

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Exchange directly into your bank account

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

Banks

The Currency Wallet

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.

What is the cost of the Wallet?
  • PLN 0 – no hidden fees: extra charge only when you are using additional services, e.g., international transfers
  • Walutomat.pl charges a commission of every exchange transaction of 0.2% (or lower if you have a discount)
  • PLN 0 – for transfers to the majority of Polish banks
When you need a Wallet?
  • If you want regular and fast exchanges
  • If you want to send currency to someone else
  • If you want to save on currency exchanges
What are the advantages of the Wallet?
  • You can exchange EUR, USD, CHF, GBP, CZK, DKK, NOK, SEK and PLN without a bank account in that currency
  • You don’t have to deposit money to the Walutomat.pl every time you want to exchange
  • You can make instant exchanges using your money in the Wallet
  • You can make payouts to other people on favorable conditions
  • You can transfer money without costs to the majority of Polish banks
How to use currency exchanged in the Wallet?

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):

  • You can make a direct transfer to somebody else’s bank account. Most transfers from Walutomat are more favorable than from banks, so you do not have to make an extra transfer to your currency account.

If you need cash:

  • You can transfer funds to your bank account and use an ATM card associated with this account

If you want to use currency with your payment card:

  • You can transfer funds from the Wallet to your bank account associated with a payment card
How to pay in funds into the Wallet?
  • Only you can top-up the Wallet
  • You can pay in PLN, EUR, USD, GBP, CHF, CZK, DKK, NOK, SEK using a regular bank transfer or other payment method.

Choose your exchange rate

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.

1000 EUR po 4,2576
300 EUR po 4,3119
250 EUR po 4,3015
20 000 EUR po 4,2958
50 000 EUR po 4,2954
1,00 EUR po 4,2568
250 000 EUR po 4,2567
100 000 EUR po 4,2564

What is the difference between Walutomat and banks?

  Walutomat Bank Kantor stacjonarny
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

Fixed rate

To ensure the best possible exchange conditions, we combine an exchange mechanism between users and an exchange rate guarantee.

 

How does this work?

 

The exchange rate guarantee mechanism means that if, for a given exchange order, an offer should come together with an order that is less favourable than the guaranteed rate, it will be completed at this guaranteed rate. This guarantee is calculated in relation to the average worldwide rate and already takes into account the exchange commission. Therefore, this is the maximum final price we will pay.

portfel walutowy
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

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/

 

Example of exchange calculation.

You have PLN and you want the users of Walutomat to sell you 50 000 USD. The worldwide average rate is 3.9850. As a result, your guaranteed rate is 4.0000 because:

3,9850 + 0,0150 = 4,0000

As the transaction will also include a commission of 0.15% the maximum price to be used as a result of the matches from the exchange will be equal:

4,0000 / (1+0,15%) = 3,9940

 

Status of the market at the time of the transaction:

Sale rate Total amount
3,9850 3791,59 USD
3,9860 25 USD
3,9865 150 USD
3,9869 1000 USD
3,9870 10000 USD
3,9880 1500 USD
3,9882 2149,13 USD
3,9885 2006,915 USD
3,9886 1182,5 USD
3,9887 1281,63 USD
3,9888 2446,96 USD
3,9899 50 USD
3,9900 2250 USD
3,9916 500 USD
3,9922 50 USD
3,9940 1000 USD
3,9945 1150 USD
3,9950 255 USD
3,9953 690 USD
3,9970 711,5 USD
3,9991 500 USD
3,9997 1000 USD
3,9998 39481,34 USD
3,9999 11255,24 USD
4,0000 74778,2 USD

The transaction on the market, without the protection mechanism, would have executed at a price of 199 625,30 PLN which, after taking into account commission, would have resulted in 199 924,70 PLN. This transaction consisted of an offer of 3.9850 to 3.9998.

Through the control mechanism, no fragment will perform worse than 3.9940, which is the guaranteed rate. As a result, the entire transaction will be concluded for 199 518,60 PLN which, after commission, will be 199 817,83 PLN.

As a result, in the example above, the guaranteed rate will result in a saving of 106,87 PLN or an additional 0.0021 on each dollar. Calculation example of how to calculate the rate up to which offers will be taken off the market

In the example, the customer has a 25% discount for high turnover and wants Walutomat to sell him dollars. The average rate on the interbank market is 3.9850. As a result, his guaranteed rate is 4.0000 because:

3,9850 + 0,0150 = 4,0000

The commission that the client pays with a 25% discount is:

0,2% * (1-25%) = 0,15%

In order to calculate up to and including which rate a client will trade on the exchange, and at which point they will move to the guaranteed rate, we need to subtract their commission from the guaranteed rate:

4,0000 – (4,0000 * 0,15%) = 4,0000 – 0,0060 = 3,9940

As a result, the user’s exchange transaction will connect in turn to all offers up to 3.9940. If it were to connect to an offer less favourable than 3.9940, the rest will already execute at the guaranteed rate, so the user will not pay more than the guaranteed rate.This mechanism means that for users with large trading discounts, the guarantee mechanism activates later, so that they benefit longer from better offers on the exchange and the final guaranteed rate is still the same for everyone.

Commissions and discounts