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Create more certainty over your costs

If you have contractual global payments in the future, you can lock in foreign exchange rates and provide more certainty when planning and budgeting*.

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Secure an exchange rate for future use and stay protected from fluctuations

*Hedging products are derivative financial instruments which involve risks due to FX market volatility. This can be disadvantageous and pose risks. If uncertainties concerning your risk management remain, we advise to not enter into contracts with Financial Instruments.

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1 TRANSACTION FEE: The transaction fee is the sum of the fee(s) charged by correspondent bank(s) (if any) and/or the fee charged by Convera Australia Pty Ltd trading as Convera (“Convera”) to send an international payment. Based on historical data sourced for sending an international payment via our EDGE platform, a reasonable estimate of less than AUD$10 applies across currency pairs. Applicable transaction fees will be dependent on such factors as the specific currency pair, the transaction type and the time your transaction is processed as a registered customer of Convera.

2 EXCHANGE RATE: The estimated exchange rate advertised includes a margin added to the interbank exchange rate. This is an indicative rate based on historical average margins using data sourced for sending an international payment via our EDGE platform. Please note that the estimated exchange rate shown is indicative only. The actual rate that will apply is the prevailing Convera rate for your
transaction type at the time and date your transaction is processed as a registered customer of Convera. Such rate is determined by several factors which include but are not limited to your specific circumstances, the transaction size and volume of the international payment, the currency pairs being traded or prevailing market conditions. You will need to register or log in to view your customized rate.

3 RECIPIENT GETS: In some instances, third-party intermediaries or beneficiary banks may levy additional fees and/or charges. These amounts can vary and Convera does not have control nor receive any benefit.

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