I’m considering using Mercury for my U.S.-based business and need to manage international transactions. I’ve heard there’s a fee for currency conversion and non-USD card transactions. What are the exact costs for these services?
Mercury charges a 1% conversion fee for non-USD international wires. This fee helps cover the costs associated with sending money internationally through the SWIFT network. If your company is exchanging more than $200K, you can reach out to Mercury to discuss potential fees and arrangements.
Additionally, Mercury also charges an international transaction fee on non-USD debit and credit card transactions..
If you\’re a non-resident U.S. entrepreneur and need support with international banking, Business Globalizer can assist you in setting up your fintech account. https://businessglobalizer.com/services/international-fintech-bank-account/
