Choose your own exchange rates with WeSwap Smart Swap

Whether you’re working hard to save money for a trip or planning every single detail, we know travellers are busy people. Too busy, perhaps, to monitor FX markets all day long?

Well, let us introduce WeSwap Smart Swap.

Smart Swap leaves us to monitor the markets for you. So you don’t miss out on more money for your holiday.

Just choose your own target exchange rate and amount. Then, if that target is reached any time before your own deadline, we’ll automatically swap your money.

Automatically swap my £500 for €550 before my deadline

Why? How?

We know that financial exchange (FX) markets can be confusing. The pound’s hot. Then it’s, well, not. The yen is up, the yen is down. One minute you’re hailing the all-mighty dollar, the next you’re dreaming of a world where we all just trade in eggs and bread.

For example, at one point this year you could get $127 (US dollars that is) for £100. At another, $143.

(If you're interested in that sort of thing, read our Understanding the Foreign Exchange Market blog). Of course, there are tools out there to help people monitor the markets, but we wanted to go further than just line-graphs and rate alerts.We'll swap when the rate is best

Plus, we didn’t think it was fair that you needed to be an FX expert to get great rates.

So, we spoke to you, the WeSwap community, to find out how we could make this process easier. Something that looked a bit like Smart Swap was created. Then we stayed in touch, spoke to you while we were sketching it and designing it, called you up late at night* to run ideas by you. Then you tested it for us, checked that all the buttons worked, helped us iron out the creases, tighten the bolts.

And now it’s ready. So, thank you.

We’re pretty chuffed with it. Hopefully you are too.

*Not really. But we did organise several surveys and testing programmes

How does Smart Swap work? 

Just log onto the app and choose your wallet, then tap SWAP, swipe left to SMART SWAP and tap START SMART SWAP...then:


Choose your targetEnter how much you want to swap, how much you’d (realistically) like to get for it and in which currency and let us know a deadline


Set a deadlineTell us if, on your deadline day and your target rate hasn’t been reached, you want us to swap the money anyway at the on-the-day rate


Sit back and relax

Leave it with us, put your phone back in your pocket and start planning your holiday

Want to know in more detail? Head to our Smart Swap FAQs for the full breakdown.


Smart Swap Key Facts

  1. Because the swap happens instantly when the rate is hit the fee is currently set to be the same as your instant swap fee. This is usually 2%, but can vary for different users.
  2. You can set up a Smart Swap for more than you have in your wallet. If there aren’t enough funds in there when your Smart Swap reaches its target, we’ll swap whatever is in there. We’ll let you know if your target is close so you can top up your wallet.
  3. If your Smart Swap expires without reaching your target, we can either swap at the rate on the day or leave your money un-swapped in your wallet.
  4. There are no limits to the number of Smart Swaps you can set up. This means you could target different rates, and different currencies, if you like.
  5. The minimum Smart Swap is £5. You can swap up to £6,000, as that’s the most you can hold in your account any time.
  6. There is no limit to the amount of time you can set a Smart Swap for. So, if you’re travelling in a year’s time, you can set up a Smart Swap which lasts a year.

 Smart Swap icon


We don’t plan to stop here. We’re really excited about Smart Swap but we’re keen to create something few others have pulled off; a sequel that’s better than the original.

We’ve got some ideas. We want to give you even more help to choose target rates that make sense, for example. But we want to hear what you think.

If you’d like to be involved in the next testing process click below and we’ll be in touch.

Get involved


If you’re itching to let us know how you feel, then head to the comments section below.

What do you think of Smart Swap?

Will it help you start saving earlier?

Is it easy to use?

WeSwap and the WeSwap logo are trademarks of MK Fintech Limited trading as The WeSwap card is issued by Monavate Limited, pursuant to license by Mastercard International. Mastercard is a registered trademark of Mastercard International Incorporated. Monavate Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money and the provision of payment services (FCA Register reference 901097). For further information, please visit
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