FAQ's

• Whats in it for my Bank or Credit Union?

  We like your straightforwardness, and we know this is your number one question! Your institution receives a percentage from the spread in addition to 100% of any service fee you may charge. It is truly non-interest income with ease. 

• How does Acceleron Make Money?

  We knew you would ask! Our contract is with the FX providers, we negotiate a small spread so there are no fees or service charges from the community banks and credit unions we serve. 

• What is a Foreign Exchange Spread?

  A foreign exchange spread refers to the cost incurred by traders when exchanging one currency for another.

• What Processes will Change if we use Acceleron for FX?

  None. Your current wire initiation, approval, and release processes remain the same.

• Does Implementation Require a Technical Lift?

  Nope, we have done the heavy technical lift. Our technology is already integrated into market-leading core service providers. Integration is simply a matter of turning it on within your existing system.

• How does Acceleron Tech Work?

  SmartRoute and NudgeConvert. Learn more about our Patented Technology on our Solutions Page

• Why did we Launch Acceleron Bank?

  The problem is that Community Banks and Credit Unions rely on big banks to offer international wire transfers, which leave you no profit or, worse, cost them fees. What should be a growth opportunity is one more obstacle in the battle to retain market share in an increasingly digital industry.