
Multiple currencies, high FX fees, and slow banks? There’s a better way.
A Dutch fashion retailer worked with British, Scandinavian, and Chinese suppliers. But their bank auto-converted every payment at bad rates, charging up to 3% and often without warning. Negotiating better terms with suppliers was impossible, as payments always arrived short or late.
What happens next?
- FX fees eat into every invoice.
- Suppliers lose patience over unclear payment timelines.
- You lose control over timing and costs.
- Forecasting becomes a nightmare.
- Friction starts to strain strategic supplier relationships.
📉 International sourcing becomes a financial liability.
The solution: Currency Conversion by SimpelFin
💡 “We gave them full control over when and how to convert.”
➡️ Access to 30+ currencies at mid-market rates.
➡️ No auto-conversion or hidden FX margins.
➡️ Hold, convert, and pay in native currencies.
➡️ Unified dashboard, total clarity and tracking.
What did this mean for their business?
✅ Thousands saved in currency costs per quarter.
✅ Improved trust and payment terms with suppliers.
✅ Strategic FX planning now part of operations.
✅ More negotiating power in global procurement.
✅ Stronger, longer-term supplier contracts.
Who is this perfect for?
Retailers and wholesalers working with international supply chains who want to take control of FX and payment timing.
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