Bitwala, a Europe-based bitcoin payment service, has announced the addition of 9 new local currencies to its roster.



The announcement follows the platform’s support for the Japanese Yen and Mexican Peso. Bitwala said that with the support for 9 new local currencies, users will be able to make international money transfers from bitcoins or altcoins to local bank accounts in Australian Dollars (AUD), Brazilian Real (BRL), Chinese Yen (CNY), Japanese Yen (JPY), Malaysian Ringgit (MYR), Mexican Peso (MXN), Philippine Peso (PHP), South Korea Won (KRW), and last but not least the Vietnamese Dong (VND).



"Sending money in AUD, BRL, CNY, JPY, MYR, MXN, PHP, KRW, and VND has never been faster with an ETA average of 1 business day”, Bitwala said in a blog post. “As a Bitwala customer, you can enjoy making the fastest and cheapest international money transfers in the supported currencies at a flat 0.5% fee. Our exchange rate is updated around the clock, offering you the best value when sending money abroad.”



With this, Bitwala now supports a total of 20 currencies including CHF, CZK, DKK, EUR, GBP, HUF, HRK, PLN, SEK, and USD. According to the blog post, SEPA transfers within EU are performed within one working day while SWIFT transfers take between 2 to 3 business days on average.



The detailed service structure can be found here.