What are your fees — This is the most common question exporters ask payment providers. But focusing solely on rates may cause you to overlook more important considerations.
What hidden costs exist beyond published fees
Traditional bank wire transfers involve a complex fee structure the sending bank charges a fee, intermediary banks may deduct transit charges, and the receiving bank may apply an inbound fee. Combined, these charges can reach 3%–5% of the transaction amount. Moreover, the implicit cost of unfavorable exchange rates often exceeds explicit fees.
Our approach to pricing.
FINARCT LIMITED is committed to transparent, predictable fee structures. We believe businesses should know exactly what they will pay before a transaction is completed, rather than discovering unexpected deductions after funds arrive.
Competition is shifting from price to value.
The industry’s competitive logic is moving from lower fees to broader network, smoother connectivity, deeper compliance. What businesses need is not just low rates but reliable fund channels and dependable service experiences.
Recommendations for business clients
When evaluating cross-border payment providers, consider beyond fees
– Fund security and protection
– Settlement speed
– Exchange rate transparency
– Regulatory compliance credentials
– Customer service quality
