Smart foreign exchange management and low rates protect your bottom line and help your business thrive in a global marketplace.
Global commerce is no longer reserved for the Fortune 500. Today, independent film producers shoot on location in Europe, startups source components from Asia, and boutique agencies invoice clients across continents. Cross-border transactions have become the norm, not the exception.
But with every international payment comes a silent threat: the foreign exchange (FX) fee. Whether you’re wiring euros to a French supplier or transferring pesos for a shipment in Mexico, fluctuating exchange rates and hidden markups quietly chip away at your bottom line. And as the volume of global trade accelerates, so does the cost of doing business in multiple currencies.
The FX Trap: Profits Lost in Translation
Cross-border commerce is booming.
$7.9 trillion
The projected volume of global e-commerce across borders by 2030, according to Statista, fueled by double-digit annual growth.
Meanwhile, daily FX trading volume hovers around $7.5 trillion, according to the Bank for International Settlements.
You’d think that scale would drive down the cost of currency exchange. But for small and midsize businesses, the opposite is often true.
Traditional banks still charge a 2–3% markup on FX conversions, and some stretch that even further—to 4.4%, depending on currency and transaction size. For a company sending $100,000 overseas, that can mean losing up to $4,400 in a single transaction.
“Cross-border fees are often hiding in plain sight,” one CFO told us. “You don’t really notice them until you compare options. Then it hits you—you’ve been bleeding money.”
And the problem isn’t just the cost. Global payments through conventional channels can take days to settle, adding operational drag to financial pain.
For Some Industries, FX Isn’t Just a Cost—It’s a Risk
In industries with thin margins—like logistics, hospitality, or entertainment production—even small FX inefficiencies compound quickly. A few percentage points in hidden fees or unfavorable rates can derail budgets, delay operations, or eat away at hard-earned profit.
Qorbis: Rewriting the FX Playbook
Enter Qorbis, a platform built to modernize and simplify how businesses manage currency conversion. By combining ultra-low fees, real-time tools, and enterprise-grade flexibility, Qorbis is helping companies take back control of their cross-border finances.
Here’s how:
A 0.5% FX Rate—Flat. Transparent. Scalable.
Say goodbye to the mysterious markups of big banks. With Qorbis, you pay a clear, fixed 0.5% fee—no matter the size of your transaction. Whether you're sending $5,000 or $500,000, the rate stays low, giving you full predictability and transparency.
Lightning-Fast FX Settlement, Worldwide
In the global economy, speed is currency. Qorbis eliminates the need to choose between fast and affordable by delivering rapid settlement times—without the bloated fees.
Simple, Effective Currency Hedging
Qorbis makes hedging accessible. Lock in favorable exchange rates today to guard against tomorrow’s volatility. Ideal for long-term contracts, international productions, and seasonal procurement, the platform’s forward-rate capabilities offer protection without the traditional complexity—or cost.
Multi-Currency Accounts and Smart Cards
Hold, pay, and spend in multiple currencies with ease. Qorbis enables businesses to create unlimited multi-currency accounts, complete with instantly issued debit cards for staff—ideal for global teams managing local expenses.
Built-In Expense Management
No more lost paper receipts or clunky reconciliation. Staff can snap receipts on the go, while finance teams benefit from automatic capture and digital storage—streamlining approvals policy compliance and accelerating reporting.
Real-Time FX Trading and Reporting Tools
Execute FX trades instantly at your agreed rate, then track every move in real time with intuitive dashboards. From forecasting to reconciliation, Qorbis turns financial oversight into a competitive advantage.
No Gatekeepers. No FX Delays. Just Go.
Forget the old-school red tape. With Qorbis, treasury and finance teams can self-serve from day one. Set up accounts, issue cards, hedge currency—all without waiting on approvals or dealing with endless onboarding.
Where Qorbis Makes a Measurable Difference
Let’s talk impact. Here’s how Qorbis is helping real-world businesses:
- Hospitality: A restaurant chain in New York imports high-end Italian cheeses and wines monthly. Over a year, they make $800,000 in euro-denominated purchases. Traditional bank FX fees could eat up $24,000 or more. With Qorbis, they pay just $4,000—and get faster payments.
- Logistics: A U.S.-based shipping company pays contractors and fuel suppliers in five countries. With Qorbis, they not only slash conversion costs but also lock in rates to stabilize operating costs as fuel prices and currencies fluctuate.
- Film Production: Shooting in multiple locations, a producer wants to hedge against FX swings over an 18-month production timeline. Qorbis allows them to lock in favorable rates today, so their $4 million foreign spend doesn’t suddenly become $4.3 million if the dollar weakens.
The FX Advantage: From Hidden Cost to Strategic Lever
FX shouldn’t be a silent drain on your business. Used strategically, it can become a source of stability, speed, and cost savings. Qorbis helps businesses transform FX from a financial burden into an operational asset.
Here’s what you gain with Qorbis:
- Industry-low FX rates
- Instant global settlement
- Straightforward currency hedging
- Intuitive dashboards and spend controls
- Full transparency—no hidden fees, ever
It’s Time to Rethink the FX Status Quo
Whether you're managing overseas shoots, importing goods, or funding international operations, there's no reason to overpay—or wait days for your money to arrive.
Qorbis offers a modern solution to an outdated problem. It's fast. It's transparent. And it’s built for the realities of global business.
Ready to make international payments work for you? Discover Qorbis today.