If you shop around and compare companies offering international transfers you’ll see they have different exchange rates. That’s because financial institutions traditionally inflate the exchange rate to boost their revenues.
On the other hand, all transactions on the Airwallex platform are done at the mid-market rate meaning that you are getting the cheapest available exchange rate at that point in time. We’re transparent about our fees and the higher the amount transacted with us, the cheaper you pay.
You can find out more about how our fees work here.