Banks convert funds and send them as international wire transfers, which come with high fees and long processing times. Finofo, on the other hand, sends funds as local payments in the destination country, eliminating unnecessary wire fees and delays. This allows for faster, more efficient transactions.

Absolutely, there are no wire fees with Finofo! Funds are transferred through local payment rails in each respective country, meaning you save on unnecessary wire fees.

Banks often make profits from global transactions by charging unfavorable exchange rates and high wire fees. They exploit businesses needing international transfers, and you end up paying for their inefficiencies.

Not at all. Finofo’s payments are fast, secure, and affordable. For countries with real-time local payment rails, funds reach your supplier’s bank account in real-time, often in less than 15 minutes. Even without real-time rails, funds are typically transferred within a business day. Say goodbye to delayed payments with Finofo.

No, Finofo is a transparent accounts payable and receivable platform. There are no subscription fees, account fees, transfer fees, or wire fees. Finofo is designed to streamline your global transactions without any hidden costs.