Spent some time going through the SENDS payout flow for freelancer payments and the fee structure is at least stated clearly upfront which is more than most comparable services manage. The 10 EUR flat fee or 0.05% of amount model means the percentage cap becomes relevant only above 20,000 EUR per transaction, below that the flat fee is always the worse deal mathematically so transaction batching matters. For a general breakdown of how payouts to cards work versus IBAN routing the documentation covers both tracks though the SWIFT path involves the standard BIC plus IBAN identification chain which adds verification overhead compared to card-based routing. The SWIFT flow requires uploading a contract or invoice to pass verification which is reasonable from an AML compliance standpoint but does add friction for informal or short-term contractor arrangements where a formal agreement may not exist. Processing speed ranges from instant on card payouts to up to two business days on SWIFT which is a meaningful difference depending on contractor payment terms. Currency conversion happening at the account level before the transfer is sent means the exchange rate exposure sits with the sender rather than the recipient which is cleaner from a contractor billing perspective. Verify current fee tiers and exchange rate methodology directly before committing to any recurring payout structure since these parameters tend to change without prominent notice.