International Wire Fees at Rho
Rho does not charge fees for domestic wires or international USD swift wires*.
*While Rho does not charge fees for international wires in USD, they can be subject to additional fees set by recipient, correspondent, or intermediary banks, in addition to the SWIFT network.
Our fee schedule includes all fees we have visibility into via Global Payments Initiative (GPI) enabled banks. Depending on the destination country, your transaction may be processed through intermediary banks that do not support GPI. As a result, Rho will lack visibility into those intermediary fees and the actual intermediary fee may be different from the estimated fees.
FX Transfer Rate at Rho
Rho offers a market-leading 1% FX rate for foreign currency conversion and transmission (sending USD to another currency).
Tip for sending Wires:
To ensure your wire transactions display your business name, we suggest providing details in the memo/note section to include information "Sent from [Insert Business Name Here]. "
Disclaimer: The amount the payee will receive could fluctuate based on real-time currency rates.