Save on international business money transfers and payments.
Get bank-beating exchange rates and low fees to keep more of your revenue in your pocket.
RemitFinder helps you get the best exchange rates on international business FX. Stop losing money by sending money overseas with bad exchange rates and high fees.
You focus on innovation to drive your business forward. We focus on getting you maximum possible savings on your international business payments.
How do businesses lose money on international FX with traditional methods?
Here are the top reasons businesses lose their revenue when making cross-border payments using traditional methods:
- Low exchange rates ☟ with FX Markups from 2-6%
- High transfer fees ✂ of up to USD 60, GBP 50, etc.
- Slow transaction processing ❣ causes delays and missed deadlines
- Limited ✖ payment and delivery methods
- Lack of transparency ⚠ and visibility
- Complex and slow processes ☹ and procedures
Use RemitFinder to get access to the best exchange rates, send payments quickly and without paying high international money transfer fees.
Get in touch today to see how we can help with your international business payments and money transfers.
International Business FX and cross-border payments can be difficult to figure out yourself.
Most businesses rely on banks or payment apps that come with hefty fees and provide highly marked up exchange rates (as high as 6%). Bad rates and fees can put a major dent on your revenue, especially if you make recurring international payments and money transfers.
RemitFinder can help save you a lot of money by giving you options that suit your specific needs. We partner with hundreds of international money transfer companies and remittance service providers, and can compare and find the best company for your unique needs.
Do not lose your revenue by getting low ⇓ exchange rates and paying high ⇑ transfer fees. Discover cost-effective, quick and convenient ways to make international business payments.
Every international business money transfer is different, and your remittances are unique to your business goals. Instead of relying on traditional methods, you need a partner that can cater to your business needs.
Rely on RemitFinder to help you with your next international business payment.
Stop losing money on international business FX.
Connect with us now and see how you can save your hard-earned revenue and boost your profits. You can save thousands every year by optimizing your cross-border business payments and money transfers.
Here are some of the most prominent international business FX and cross-border payment requirements that we help our customers fulfill:
- Cost effective international business money transfers at competitive exchange rates and lower fees as compared to traditional methods like banks and payment apps
- Faster transfer times mean that your payments finish sooner and you do not miss important deadlines
- Cross border business FX with wide corridor coverage with support for hundreds of countries and global currencies
- Higher transfer limits for large value transfers, bigger payments and major sales or purchases
- Recurring payments for paying international employees, partners, vendors, suppliers and others that need to be paid regularly
- Access to variety of payment and delivery options (varies by partner), often including local payment methods that are cheaper and faster
- Dedicated account managers (varies by partner) and access to customer support when issues arise or questions come up
- 24x7 access to create payments on the fly online without having to go into physical offices or branches
- Additional capabilities like system integrations, auditing, etc. (varies by partner)
International currency solutions for every business
Businesses often start with an innovative idea when you think of a problem and how to solve it in a new, fast and innovative way. You test your hypothesis, identify your market opportunity, and build your product and company. You learn a lot along the way, and focus on growing your business one step at a time.
Regardless of which stage your business is in - early, small, growing, medium or large - you will want to save on cross-border FX to prevent revenue loss to bad exchange rates and high fees.
We work with all types of businesses at various stages of growth to help them save their revenue and use their savings for product growth, expansion and boosting profitability.
Solo proprietors and individual-owned businesses
You are working hard on bootstrapping your business. Spend your time on innovation and lean on us to find you the best business FX solutions. Save your time and hard-earned savings and capital to stand up and grow your business.
Small businesses
You have worked hard to get your business started. Focus on establishing your products and services without worrying about expensive international business money transfers and payments. Let us do the hard work of finding you the right FX partner.
Growing companies
Focus your energy on growth and expansion instead of searching for money transfer companies or losing money on bad exchange rates and high transfer fees. We will find the right remittance partner for you to save your precious time and protect your wallet.
Large enterprises
You may be busy scaling your business, building newer products and services, or venturing into international markets. You send recurring international payments to numerous vendors and partners. Let us show you how international FX savings can scale to produce massive savings for your enterprise.
We understand international money transfers and FX
Why should you trust us? Here are some reasons why:
- We vet every single money transfer company on our platform so you can rest assured you are dealing with credible and established providers.
- We have been comparing money transfer operators for more than 10 years, and can match the right provider for your unique business needs.
- We have active users in more than 150 countries.
- We partner with more than 100 money transfer companies and remittance service providers.
- We support more than 35,000 remittance corridors so the chances of your country combination being serviced on our platform are fairly high.
Frequently asked questions
What is Business FX?
Business FX stands for Business Foreign Exchange (FX), and represents international money transfers and payments sent by businesses. The global economy of today often necessitates sending and receiving money internationally to and from customers, employees, consultants, partners, vendors and other institutions. All international transfers and payments done by businesses fall under the category of Business FX.How are international business money transfers different from personal transfers?
International business and personal money transfers and payments work very similarly, but there are key differences. Businesses often deal with customers and partners in multiple countries whilst individuals generally do not need a wider currency coverage. In addition, cross-border business payments and money transfers tend to be more frequent and of higher amounts.What are traditional methods to send international business payments?
Traditional methods to send and receive international business payments include banks and payment apps like PayPal. Of these, bank transfers, particularly international wire transfers, have traditionally been the most popular way for businesses to send and receive funds internationally. Banks mostly rely on the interbank SWIFT network to execute international wire transfers.How do businesses lose money on international FX with traditional methods?
Traditional methods that businesses have used to send money overseas generally come with very high transfer fees and bad exchange rates. Most banks, for example, will markup the exchange rate anywhere between 2-6%. In addition, wire transfer fees could be up to USD 60, GBP 50, etc. All this contributes to businesses losing money on international transfers and cross-border payments.What other problems do businesses face with traditional methods to make cross-border payments?
Traditional methods like banks mostly rely on the international SWIFT network to handle international wire transfers. In addition to unfavorable exchange rates and high transfer fees, traditional mechanisms are slow, have complex processes, provide limited payment and delivery options, and provide a lack of transparency into the whole process.What alternatives do businesses have for making cross-border payments?
Due to the advancements in technology and the advent of a global economy, numerous FinTech companies sprung up with a focus on making international money transfers and payments cost-effective, quick and seamless. Such FinTech companies and startups are generally called International Money Transfer Operators (MTOs) or Money Transfer Companies. Due to their better exchange rates, lower transfer fees and quicker transfer speeds, money transfer companies present themselves as a great alternative to traditional methods used for international business payments and FX.What are the benefits of using money transfer companies for overseas business payments?
Money transfer companies offer much better exchange rates and charge low transfer fees as compared to traditional methods for international business payments. Additional benefits include faster transfer speeds, flexible payment and delivery methods often including local payment options that are cheaper, streamlined and easier onboarding and workflows, and integrations with other systems and software like auditing, compliance, reporting, taxation, etc.How can RemitFinder help my business?
RemitFinder has partnerships with more than 100 international money transfer companies and remittance service providers. Given that, we understand the pros and cons of various providers and can match your unique business requirements with the best possible option. You can certainly compare numerous companies yourself manually, but the process is time consuming and cumbersome. Plus, RemitFinder is constantly adding new money transfer companies so you get access to the best of the best for your custom international business payment requirements.Why should I trust RemitFinder with my cross-border business payments?
At RemitFinder, we understand international money transfers and payments. We vet every money transfer company listed on our platform so you can rest assured that you are dealing with credible, secure, regulated and legitimate providers. Additionally, we have more than a decade of experience in the international money transfer space. With active users in more than 150 countries and more than 100 partnerships with global money transfer companies, you can trust RemitFinder to find you the best fit with your cross-border payment needs.What type of businesses can RemitFinder assist?
RemitFinder can help you find the best international payments provider for your businesses regardless of which phase of your enterprise journey you are in. We understand the international payment needs of sole proprietors and individually-owned businesses, small businesses, medium companies and growing businesses as well as large enterprises. Each type of business has unique cross-border payment needs, and we can assist by matching your business with a money transfer provider that can satisfy your requirements.