HOW TO AVOID HIDDEN FX FEES IN CROSS-BORDER DEALS

The true cost of working internationally

You’re buying parts in USD, selling in EUR, and negotiating new contracts in GBP. Each transaction you make across borders is a potential minefield of hidden fees, bad conversion rates, and timing risks.

Where traditional banking fails

• Banks typically hide a 2–4% margin in their exchange rate.
• Every time you convert or transfer currencies, you lose money.
• Some providers auto-convert without telling you—adding double charges.
• Long settlement times can delay deals and distort forecasts.

SimpelFin Currency Conversion: Smarter international cash flow

• Convert over 30 currencies at real exchange rates—with full transparency.
• Hold multiple currencies in one account—no forced conversion.
• Pay and get paid in the local currency to avoid fees and improve trust.
• Convert when it suits your business, not when your bank decides.

What makes this powerful

✅ Transparent costs—know what you pay, every time.
✅ Improve your margins by eliminating unnecessary FX spreads.
✅ Flexibility to wait for favorable rates before converting.
✅ Competitive edge when quoting international clients or suppliers.

Insider tip: Optimize your payment timing

SimpelFin clients use market alerts and FX tools to time their conversions. One electronics importer saved over €12,000 in a single quarter by avoiding poor auto-conversion rates from their previous bank.