Flutterwave Swap lets users convert between currencies inside the Flutterwave ecosystem — e.g. naira to dollars or vice versa — for cross-border payments and local needs. It simplifies currency exchange that once required banks. Here is the guide.
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What Flutterwave Swap Does
It is an in-app currency-conversion feature: you swap between supported currencies at Flutterwave's quoted rate, then use the converted balance for payments or transfers.
How to Use It
- Log into your Flutterwave app/wallet.
- Select 'Swap' and choose the currency pair.
- Review the rate and fees.
- Confirm; the balance updates instantly.
What to Check
- Exchange rate vs interbank (spreads differ).
- Swap fees and minimums.
- Currency availability and limits.
When It Helps
Useful for freelancers receiving dollars, travellers, and businesses paying cross-border partners without leaving the wallet.
FAQ
Are Flutterwave Swap rates competitive?
Compare with banks and other services; wallet rates include a margin.
Is the swapped currency available for external payments?
Usually yes, within account limits and supported channels.
Related: Hold Dollars in a Bank and Forex Forwards.