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Are there any companies arbitraging this % difference by collating lots of different businesses transactions into larger sums to then move into a particular cur
by whichquestion 4y ago
Are there any companies arbitraging this % difference by collating lots of different businesses transactions into larger sums to then move into a particular currency for business owners who transact in non local currencies?
- deleted 4y ago[deleted]
- withinboredom 4y agoI’m pretty sure Wise does something like this. Protip, you can get a Wise business account and collect stripe payments in a local currency, then bulk fx it to your local currency. Why Stripe isn’t partnering with them, I don’t know. My bank partners with Wise to get the best exchange rate possible (Bunq) when I’m out of the EU. It’s fantastic.