Profee review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Profee is a Cyprus based e-money transfer service for people and businesses sending money across 45 currencies, and it holds licences in Cyprus and Canada. Delivery is quick at Minutes; 90%+ of transfers arrive within a couple of minutes, while later fees depend on the destination and the features you choose.
Key facts
- Best for
- Free first transfers across many currencies with delivery in minutes.
- Transfer fee
- 0% (0 EUR for the first transfer and for transfers to some countries; further fees depend on destination and transfer features)↗
- Delivery time
- Minutes; 90%+ of transfers arrive within a couple of minutes↗
- Licence type
- E money↗
- Payout methods
- Bank, Card, Wallet↗
- Currencies
- 45↗
- Fee to send 1,000
- €0↗
- Legal entity
- SIBILLA SOLUTIONS LIMITED↗
- Headquarters
- Cyprus↗
- Founded
- 2017↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Official website
- profee.com
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Elsewhere
- Trustpilot
Pros and cons
Pros
- The first transfer costs €0, and transfers to some countries are free too.
- Support runs on email, chat and phone, so phone and chat sit alongside email and a help centre.
- Payouts reach bank, card and wallet, so recipients can be paid to a bank account, a card or a wallet.
- The service runs as SIBILLA SOLUTIONS LIMITED under a e money licence from the Central Bank of Cyprus, plus a Canadian registration with the Financial Transactions and Reports Analysis Centre of Canada.
Cons
- Free transfers are limited to the first payment and to some countries, so later fees follow the destination and the transfer features.
- Coverage of 45 currencies sits well below the 350 reached by the widest services on the site.
- The licence on file is e money rather than a bank licence, so the service is built for sending money rather than holding a balance.
Who it suits
- People sending money to family or friends abroad who want the first transfer free.
- Businesses paying staff or suppliers across the 45 currencies on offer.
- Anyone who prefers to talk to someone, since support runs on email, chat and phone.
Who should look elsewhere
- Skrill if you fund with cards, because its debit card, credit card and same currency sends add a fee where the Profee transfer fee of €0 covers the first transfer.
- PayPal Colombia if you send mainly from a PayPal balance or linked bank account, since its balance and bank funded sends are free and its card payments add a fee.
- Paysera if euro transfers inside SEPA are the main job, since its euro sends to SEPA and Paysera users are free while the Profee free element is tied to the first transfer and some countries.
How Profee compares
9.3 vs 8.0
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.99.3 vs 9.1
9.3 vs 8.6
9.3 vs 9.0
9.3 vs 8.9- 9.3 vs 8.9
9.3 vs 8.89.3 vs 8.8
9.3 vs 8.49.3 vs 8.0
Where Profee is available
- Available
- Albania, Andorra, Argentina, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czechia, Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Guatemala, Hong Kong, Hungary, Iceland, India, Indonesia, Iraq, Ireland, Israel, Italy, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Libya, Liechtenstein, Lithuania, Malta, Mexico, Moldova, Montenegro, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nigeria, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Qatar, Romania, Rwanda, Saudi Arabia, Senegal, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vietnam, Zambia
- Licence in Cyprus
- Central Bank of Cyprus (115.1.3.16/2018), checked September 26, 2026
- Licence in Canada
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (BC1458550), checked September 26, 2026
- Licence in Cyprus
- CY_CBC (PSD_EMI PSD_EMICY_CBC!348581), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does a Profee transfer cost?+
The first transfer is €0 and transfers to some countries are also free. Later transfers cost more, because fees depend on the destination and the transfer features you choose, so check the terms for your route before sending a larger amount.
How fast does Profee send money?+
Delivery is Minutes; 90%+ of transfers arrive within a couple of minutes. Most transfers land in minutes, so salary and family payments rarely wait on banking hours. The routes on offer span 45 currencies, and what is available depends on the destination.
Is Profee regulated?+
Profee operates as an e-money institution, with its licence type listed as e money. It is registered with the Central Bank of Cyprus under 115.1.3.16/2018 and appears on the Canadian register as BC1458550, with the entry PSD_EMI PSD_EMICY_CBC!348581.
How do recipients get the money?+
Payouts cover bank, card and wallet, so a recipient can be paid to a bank account, a card or a mobile wallet depending on the destination. The method available is set by the receiving country, so it shows up once you enter where the money is going.
How do I reach Profee support?+
Support runs on email, chat and phone, so you can start in the help centre, email the team, open a live chat or pick up the phone. Chat suits quick questions on a transfer in progress, and the phone line helps when a payment needs more detail.
Who is Profee built for?+
The service is run by SIBILLA SOLUTIONS LIMITED, based in Cyprus and covering 45 currencies. It suits people sending money to family abroad and businesses paying staff or suppliers across those routes, with delivery of Minutes; 90%+ of transfers arrive within a couple of minutes.
How does the Profee transfer fee compare with Skrill and Paysera?+
Skrill keeps bank transfers free but adds a fee on debit card, credit card and same currency sends, while Paysera makes euro transfers to SEPA and Paysera users free and charges for other countries. The Profee transfer fee of €0 covers the first transfer and some countries, so how you fund a transfer decides the cost.
Which currencies and countries can Profee send to?+
Profee lists 45 currencies. Which of them you can actually send depends on the destination country, and the same rule applies to payouts: a bank account, card or wallet is available only where the receiving country supports it.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licence type, Licences
“EntityCode=PSD_EMICY_CBC!348581; EntityType=PSD_EMI; ENT_NAM=SIBILLA SOLUTIONS LIMITED”
- profee.com checked September 26, 2026
Backs: Support channels
“Drop us a line via in-app chat, at help@profee.com or call at +357 22 000 253. The Support team operates on business days from 9:00 to 19:00 (UTC+03:00).”
- profee.com/about-us checked September 26, 2026
Backs: Founded
“2017 Profee wallet was launched”
- profee.com/help/countries-and-currencies checked September 26, 2026
Backs: Currencies
“Profee allows money transfers to over 65 countries and supports transfers in more than 45 currencies.”
- profee.com/help/delivery-options checked September 26, 2026
Backs: Payout methods
“For bank cards, we support MasterCard and VISA for fund transfers... For SEPA (Single Euro Payments Area)... PIX lets you receive funds instantly... GCash is the primary method for receiving money in...”
- profee.com/help/transfer-terms checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“For the first transfer, we charge no fee. For all further transfers, the fees may depend on the destination and other transfer features. We charge 0% fees for all transfers to some countries”
- profee.com/send-money checked September 26, 2026
Backs: Delivery time
“90%+ of our transfers arrive in a couple of minutes.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Exchange rate markup.