Pricing

Money Transfer Software Pricing

Transparent pricing with no onboarding fees. Choose the plan that fits your business — from startup to enterprise.

SPI Licence
For FCA licence applicants
£79 /month
Hosted sandbox environment
Practice compliance workflows
Prepare FCA documentation
Staff training access
Seamless upgrade when authorised
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Starter
For new MTOs getting started
£199 /month
White-label customer portal
Basic KYC & AML integration
Up to 5 corridors
Email support
Back office dashboard
Get Started
Enterprise
For large-scale operations
£599 /month
Everything in Growth
Dedicated account manager
Custom integrations
SLA guarantees
On-premise deployment option
White-glove onboarding
Get Started - No Onboarding Fee

No Onboarding Fees. No Hidden Costs.

Every plan includes white-label branding, compliance tools and dedicated support. Scale up as you grow.

Is There an Onboarding Fee for Remitz?

No. Remitz charges zero onboarding fees on all plans. Every plan includes white-label branding, AML/KYC compliance tools, dedicated onboarding support, and access to 30+ global payout and KYC API integrations. Most clients go live within 15–30 days.

  • SPI Licence Applicant plan from £79/month
  • Starter plan from £199/month with 5 corridors
  • Growth plan from £349/month with unlimited corridors and mobile app
  • Enterprise plan from £599/month with dedicated account manager and SLA

What Money Transfer Software Really Costs in 2026

The published monthly subscription is only the surface of what money transfer software actually costs to own. Licensed MTOs need to budget for the full operating picture — platform fees, compliance partners, payout-partner commercials, implementation work, and the opportunity cost of the time you spend getting to market. This section is the cost guide we wish we had handed every operator during evaluation.

Total Cost of Ownership: A 3-Year View

Most comparisons stop at the monthly fee. A realistic 3-year TCO is a better lens. Here is what the numbers look like for three common operator profiles on Remitz:

Profile Plan Path 3-Year Software Cost
SPI applicant → Starter £79 for 3 months, then £199/month ~£6,800
Scale-up on Growth £349/month for 36 months ~£12,600
Enterprise (standard SaaS tier) £599/month for 36 months ~£21,600

None of these figures include optional modules (mobile app at £1,500 one-time, airtime module, bespoke integrations) or the underlying costs of your KYC and payout partners, which are paid directly to those providers. The point of the table is to give a baseline — compare any vendor's published pricing against these figures before committing.

Build vs Buy: The Framework

Every new MTO asks whether to build money transfer software in-house. The honest answer for almost every first-generation operator is: buy. Here is why, by category of cost:

Category Build In-House (3 years) Buy Remitz Growth (3 years)
Engineering team (3 FTE at £80k blended)£720,000£0
Initial MVP build (12–18 months)Included above + delay cost15–30 days to live
Compliance maintenance (sanctions refresh, rule updates)Ongoing internal costIncluded
Security patching and infrastructureOngoing internal costIncluded
Software subscription£0£12,600
Approx. 3-year total£500,000+£12,600

Build-in-house makes sense only for operators with a strategic reason to own the platform — typically tier-1 MTOs, banks, or fintech groups with existing platform engineering at scale. For everyone else, the 40x cost delta is decisive. For a deeper analysis of the three build risks that rarely get priced, read Money Transfer Business Software: Build vs Buy 2026.

Hidden Costs to Watch For

When evaluating any money transfer software vendor, ask explicitly about every item below. Silence on any of them is a red flag:

  • Onboarding or setup fees — often quoted in the 5-figure range. Remitz charges zero on all plans.
  • Per-corridor activation fees — "global" platforms that charge per corridor can double your first-year cost.
  • Per-integration fees for KYC, payout, or FX partners — ask which integrations are included at contract price.
  • Transaction-volume overage pricing — some vendors charge per-transaction above a monthly threshold.
  • Mandatory premium support tiers for enterprise SLAs — response-time commitments locked behind an upgrade.
  • Annual escalators above inflation — 7–10% annual price increases hidden in contract terms.
  • Exit and data-portability fees — charges for data export, migration assistance, or early termination.
  • Change-request fees — per-hour or per-ticket charges for white-label theme adjustments, email template changes, or custom reports.

SPI Licence Costs Beyond the Software

If you are launching with an SPI licence, the full cost picture includes more than the platform subscription. Realistic estimates for 2026 UK SPI launches:

  • FCA application fee — £500 (non-refundable)
  • Regulatory capital — €20,000 minimum (held, not spent)
  • Legal and compliance consulting — £5,000–£20,000 for application preparation, business plan drafting, policy authoring
  • HMRC MSB registration — approximately £300 application fee plus annual fit-and-proper fees per person
  • Insurance — professional indemnity typically £1,000–£5,000/year depending on scope
  • Software (Remitz SPI Applicant plan) — £79/month for the duration of your application
  • Post-licence software upgrade — Starter £199/month or Growth £349/month

First-year total for a well-prepared SPI launch using Remitz typically lands in the £15,000–£35,000 range excluding the held capital. See the UK launch guide for the full sequencing.

Integration Costs: What Is Included, What Is Not

A common source of friction in money transfer software contracts is the line between "platform integration" and "third-party fees". Here is how Remitz handles it:

Component Included in Remitz Plan? Paid To
Platform connection to Onfido / Trulioo / YotiYesKYC provider directly (per-check pricing)
Payout connectivity to TerraPay / FincraYesPayout partner directly (per-transaction)
FX engine and real-time ratesYesIncluded
Trust Payments / Open Banking for fundingYesFunding partner directly
DT One airtime top-up moduleOptional moduleDT One directly
Custom integration to your internal systemsEnterprise tier (scoped)Remitz engineering hours

The full integration list is on the integrations page.

Market Pricing Context

Without naming specific providers, published pricing for white-label remittance software in 2026 falls into these approximate bands:

  • Entry tier (SPI applicants and startups) — £79–£250/month across the market. Remitz sits at £79 (SPI) and £199 (Starter).
  • Scale-up tier (established MTOs, multi-corridor) — £349–£1,500/month. Remitz sits at £349 (Growth).
  • Enterprise / dedicated infrastructure — £599/month standard SaaS tier at Remitz; dedicated-tenant deployments at other vendors typically £2,500–£5,000+/month.
  • Bank-backed or tier-1 platforms — quoted per deal, typically five-figure monthly commitments with long contract terms.

These ranges are broad because every vendor scopes pricing differently. Always request a 3-year TCO in writing before committing to any platform. The money transfer software comparison guide has a full evaluation framework and RFI question set, and the white-label providers guide covers provider categories and red flags to watch for.

Frequently Asked Questions

Is there an onboarding fee for Remitz?
No. There is no onboarding fee on any Remitz plan. All plans include white-label branding, compliance tools, and dedicated support from day one.
How much does Remitz money transfer software cost?
Remitz plans start from £199/month for the Starter plan, £349/month for the Growth plan, and £599/month for Enterprise. An SPI Licence plan is available at £79/month for FCA applicants.
Can I upgrade my Remitz plan later?
Yes. You can upgrade or downgrade your plan at any time. Your data, corridors, and configurations are preserved when you switch plans.
What is included in the Starter plan?
The Starter plan at £199/month includes a white-label customer portal, basic KYC & AML integration, up to 5 corridors, email support, and back-office dashboard.
How much does money transfer software cost in 2026?
Money transfer software cost in 2026 typically ranges from £79/month for SPI-applicant tiers to £5,000+/month for dedicated-tenant enterprise deployments. Published SaaS pricing from independent providers falls between £199 and £1,500/month for standard licensed-MTO plans. Remitz publishes four tiers from £79–£599/month with no onboarding fee.
What is the total cost of ownership of money transfer software over 3 years?
A realistic 3-year TCO for a growing MTO on a Remitz Growth plan (£349/month) is approximately £12,600 in subscription plus any optional modules. This compares to £500,000+ for a build-in-house approach over the same period when engineering salaries, compliance maintenance, and security patching are included.
Should I build money transfer software in-house or buy it?
Building in-house typically takes 12–18 months and £500,000+ in engineering, with ongoing compliance-maintenance burden. Buying a white-label platform gets you live in 15–30 days and shifts sanctions-list refresh, security patching, and regulatory updates to the vendor. For first-generation MTOs, buying is almost always the correct answer.
What hidden costs should I watch for when buying money transfer software?
Common hidden costs include onboarding fees, per-corridor activation charges, per-integration fees for KYC or payout partners, transaction-volume overage pricing, mandatory premium support tiers for enterprise SLAs, annual price escalators above inflation, and exit/data-portability fees. Remitz publishes all fees with no onboarding cost.
What does an SPI licence cost in total in the UK?
Beyond software, SPI licence costs include the FCA application fee (£500), minimum capital of €20,000 (held, not spent), legal and compliance consulting (typically £5,000–£20,000 for application preparation), HMRC MSB registration fees (~£300 application + annual fit-and-proper fees), and optional insurance. Remitz SPI Applicant plan at £79/month covers the software workstream.
Are KYC and payout integrations included in the Remitz price?
Yes — all 50+ pre-built integrations (Onfido, Trulioo, TerraPay, Fincra, Trust Payments, DT One, and others) are included in your Remitz subscription. You pay the underlying KYC or payout partner directly under their commercial terms, but the platform integration itself has no per-integration fee.
Does Remitz charge per-corridor activation fees?
No. Corridor activation has no platform fee on Remitz. Starter plan includes up to 5 corridors; Growth and Enterprise include unlimited corridors. You only pay payout partner fees under their own commercial terms.
What is the cheapest way to start a UK money transfer business?
The lowest-cost entry path is: Remitz SPI Licence Applicant plan (£79/month) while you apply for FCA SPI registration, then upgrade to Starter (£199/month) once authorised. Total first-year software cost is approximately £1,800–£2,400 depending on the upgrade point — far below a build-in-house approach.

Related Pages

Remittance Software Features

See the full feature list included in every plan.

SPI Licence Applicant Plan

Get started at £79/month while preparing your FCA application.

Software Comparison Guide

Seven-criterion evaluation framework and RFI question set.

Launch Guide

End-to-end playbook for launching a UK MTO in 2026.

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