Card transfers (Visa/Master card) are suitable for amounts required immediately for consumption purposes. These kinds of transfers are suitable for amounts less that USD 5,000.00



SWIFT transfers are suitable for investment or business transfers usually for more than USD 5,000.00. The cost of a SWIFT transfer does not change in line with the amount sent. This will mean that the more you send, the cheaper it becomes.



For example:

Amount sent: USD 5,000

Cost: USD 100 (varies from bank to bank)

% cost to amount sent: 100/5,000= 2%. If the amount sent had been $10,000, the proportional cost would fall to:

100/10.000 = 1%

By increasing the denominator, the % cost will keep falling.