Savings Calculator

How much can you save with Finofo?

See the value of efficient global finance operations. Savings start from Day 0 with Finofo! Tell us about your business to view your potential savings.

Finofo’s Benefits

Quicker reconciliation
Close your books quickly and save time on paying global suppliers.
Eliminate wire fee
Bid farewell to unnecessary wire fees eating up your profits.
Fixed FX spread
Enjoy a flat 0.5% spread on all global transactions - no matter the volume, it never changes!

FAQs

How are the results calculated?
We evaluate each bank’s offerings, using rates on the lower end of the distribution to provide a more accurate and conservative assessment of costs. The spread is calculated with your trade data by comparing it to the mid-market rate at the timestamp you enter. If you enter a time range instead, an average mid-market rate is calculated for that range for spread calculations. To get the most accurate results, it is advisable to enter the time as close to the exact minute as possible.
Can I start a free trial on Finofo to see the results myself?
Yes, absolutely. You can create your free trial in less than 10 minutes. Please create your account here.
Are there other cost savings when moving to Finofo? 
Of course! Your savings start from day one with Finofo. You will completely eliminate wire fees for all transactions. Finofo has algorithmically fixed 0.5% FX spreads, meaning you will save on all your global bills and currency conversions.
Are there no wire fees with Finofo?
Yes, you heard that right. Eliminate wire fees completely with Finofo! No more unnecessary wire fees on cross-border transactions.
Why are banks and brokers charging high exchange rates?
Banks and brokers exploit businesses to make profits. Banks are inefficient and charge high FX spreads and wire fees to run their operations. Brokers, on the other hand, aim to grow their own business by fluctuating the FX rates to their advantage. Their goal is not to help your business grow but to profit from every transaction.
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