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.
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.
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.