What Money Transfer Software Really Costs in 2026
Budget for Remitz software, scoped implementation work and the services you contract separately. Compare the same modules, provider connections and support terms before choosing a plan.
Software Fees: A 3-Year Illustration
Most comparisons stop at the monthly fee. A scoped cost comparison is a better lens. These two examples show Remitz subscription and setup fees only, not full business costs:
| Profile | Plan Path | 3-Year Software Cost |
|---|---|---|
| Established MTO on Starter | £299/month for 36 months + £1,500 setup | £12,264 |
| Growth | £799/month for 36 months + £2,000 setup | £30,764 |
These illustrations assume unchanged monthly prices over 36 months and include the setup fee shown for each path. They exclude taxes, optional modules, bespoke integrations, provider fees and your internal operating costs.
Build vs Buy: The Framework
An existing platform can avoid rebuilding workflows that already fit your business. An in-house build can offer more control, but your team must develop, test and maintain the complete transaction lifecycle.
- Engineering: compare the implementation scope and ongoing staffing needed for each option.
- Provider connections: distinguish reusable integrations from new development and provider charges.
- Compliance: your programme, policies and regulatory obligations remain yours under either model.
- Operations: test reconciliation, transaction states, failure handling, access controls and recovery against your requirements.
- Timing: agree a schedule based on authorisation, provider readiness, credentials, configuration and testing.
For many new operators, proving the business is more useful than rebuilding the entire technology stack. The decision still depends on product fit and your requirements. Read the build vs buy guide for the evaluation questions.
Hidden Costs to Watch For
Request written answers on these costs before signing:
- Onboarding or setup fees — confirm scope and payment timing before contract. Remitz charges a single, disclosed £1,500 setup fee on the Starter plan (agreed white-label rebranding) and nothing on the SPI sandbox plan.
- Per-corridor activation fees — check whether corridor configuration or additional connectivity attracts a charge.
- 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 — check renewal pricing and notice provisions in the contract.
- 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 Application Costs Beyond the Software
Software is one cost in preparing a remittance business. Budget separately for application and registration fees where applicable, professional advice, insurance, provider contracts and internal operations. Check current requirements and fees with the relevant authorities and your advisers.
The Remitz SPI applicant environment is non-operational and quoted on request. Starter costs £299/month plus £1,500 setup. Remitz does not supply the licence, accounts or regulatory advice. See the UK launch guide for educational context.
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 |
|---|---|---|
| KYC provider connection and checks | Confirm in your agreed scope | Remitz connection work; provider check fees separate |
| Payout provider connection and transfers | Confirm in your agreed scope | Remitz connection work; payout provider charges separate |
| FX/rate configuration (not liquidity) | Confirm in your agreed scope | Remitz software; FX provider charges separate |
| Payment provider connection and funding | Confirm in your agreed scope | Remitz connection work; funding provider charges separate |
| DT One airtime top-up module | Optional module | Remitz module fees; DT One service charges separate |
| Custom integration to your internal systems | Separately scoped development | Remitz engineering hours |
The full integration list is on the integrations page.
Compare Like-for-Like Costs
Request a written comparison covering subscription, setup, modules, integrations, provider fees, support and exit arrangements. Separate a non-operational application environment from software intended for live transfers.
Self-Hosted + Source Code runs on your own hosting. Compare the agreed licence and handover scope alongside hosting, maintenance and future development costs. Use the money transfer software comparison guide and the white-label providers guide to structure your questions.