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Supported currencies and fees

Read on to learn which currencies Crezco supports and related currency conversion fees

Crezco applies a variable fee of the transfer value to the payer which varies with each currency conversion. We are super transparent with our conversion rates and there are no hidden costs.

 

If there is a currency that you need that you don't see below, please contact your Customer Success Manager or help@crezco.com and we'll get back to you as soon as we can.

 

The payer will always be shown the real exchange rate offered when making the payment, which includes our variable fee. Crezco is always sourcing the real rate from the most liquid and competitive institutional sources and banking partners to the benefit of our customers and our customers’ customers.



Please find the example of fees that we charge for each currency with examples below: 

 

Crezco’s variable fees

 

  Payer (sender) currency Payer (sender) currency
Payee (beneficiary) currency GBP EUR
Australian Dollar (AUD) 0.5% 0.5%
Bulgarian Lev (BGN) 1.00% 1.00%
Canadian Dollar (CAD) 0.75% 0.75%
Chinese Yuan (CNH) 0.75% 0.75%
Croatian Kuna (HRK) 1.00% 1.00%
Czech Koruna (CZK) 1.00% 1.00%
Danish Krone (DKK) 1.00% 1.00%
Euro (EUR) 0.37% N/A
Hong Kong Dollar (HKD) 0.75% 0.75%
Hungarian Forint (HUF) 1.00% 1.00%
Indian Rupee (INR) 1.00% 1.00%
Indonesian Rupiah (IDR) 1.00% 1.00%
Israeli Shekel (ILS) 1.00% 1.00%
Japanese Yen (JPY) 0.75% 0.75%
Kenyan Shilling (KES) 1.00% 1.00%
Malaysian Ringgit (MYR) 1.00% 1.00%
Mexican Peso (MXN) 1.00% 1.00%
New Zealand Dollar (NZD) 0.75% 0.75%
Norwegian Krone (NOK) 1.00% 1.00%
Philippine Peso (PHP) 1.00% 1.00%
Polish Zloty (PLN) 1.00% 1.00%
Romanian Leu (RON) 1.00% 1.00%
Singapore Dollar (SGD) 1.00% 1.00%
South African Rand (ZAR) 1.00% 1.00%
Swedish Krona (SEK) 1.00% 1.00%
Swiss Franc (CHF) 0.75% 0.75%
Thai Baht (THB) 1.00% 1.00%
Turkish Lira (TRY) 0.00% 1.00%
UK Sterling (GBP) N/A 0.75%
US Dollar (USD) 0.50% 0.50%

 

Crezco minimum fees

 

  Payer (sender) currency Payer (sender) currency
Payee (beneficiary) currency GBP EUR
Australian Dollar (AUD) £0.50 €0.50
Bulgarian Lev (BGN) £1.00 €1.00
Canadian Dollar (CAD) £0.50 €0.50
Chinese Yuan (CNH) £0.75 €0.75
Croatian Kuna (HRK) £1.00 €1.00
Czech Koruna (CZK) £1.00 €1.00
Danish Krone (DKK) £0.75 €0.75
Euro (EUR) £0.40 N/A
Hong Kong Dollar (HKD) £0.50 €0.50
Hungarian Forint (HUF) £1.00 €1.00
Indian Rupee (INR) £1.00 €1.00
Indonesian Rupiah (IDR) £1.00 €1.00
Israeli Shekel (ILS) £1.00 €1.00
Japanese Yen (JPY) £0.75 €0.75
Kenyan Shilling (KES) £1.00 €1.00
Malaysian Ringgit (MYR) £1.00 €1.00
Mexican Peso (MXN) £1.00 €1.00
New Zealand Dollar (NZD) £0.75 €0.75
Norwegian Krone (NOK) £1.00 €1.00
Philippine Peso (PHP) £1.00 €1.00
Polish Zloty (PLN) £1.00 €1.00
Romanian Leu (RON) £1.00 €1.00
Singapore Dollar (SGD) £1.00 €1.00
South African Rand (ZAR) £1.00 €1.00
Swedish Krona (SEK) £0.75 €0.75
Swiss Franc (CHF) £0.75 €0.75
Thai Baht (THB) £1.00 €0.75
Turkish Lira (TRY) £1.00 €0.75
UK Sterling (GBP) N/A €0.40
US Dollar (USD) £0.40 €0.40

 

Example 1: Receiving money

You send a payment link to a client for €100, but your client wishes to pay from their British bank account in GBP and not EUR.

 

Your client will be presented with an exchange rate which includes the real exchange rate and Crezco’s variable fee. If the real exchange rate at that moment for a GBP to EUR conversion is 0.8621 and Crezco’s variable fee is 0.50% of the transaction value, the visible exchange rate will be 0.8664.

 

Your client will pay £86.64 from their British bank account and Crezco will send €100 to your French Crédit Agricole bank account.

 

Breakdown:

  • Amount: €100.00
  • Real GBP / EUR rate: 0.8621
  • Value of amount in GBP using real rate: £86.21
  • Crezco’s variable fee as a percentage: 0.50%
  • Crezco’s variable fee in GBP: £0.43 (0.50% x £86.21)
  • Amount client pays: £86.64 (£86.21 + £0.43)
  • Visible exchange rate: 0.8664 (€100.00 / £86.64)

 

Example 2: Sending money

You wish to pay a supplier $100 to their USD bank account from your British GBP bank account, Crezco will apply a variable fee of the transfer value to the real rate.

 

If the real exchange rate for a GBP-to-Dollar conversion is 1.2195 and Crezco’s variable fee is 0.50% of the transaction value, the visible exchange rate will be 1.2134.

 

You will pay £82.41 from your British GBP bank account and Crezco will send $100 to your supplier’s USD bank account.

 

Breakdown:

  • Amount: $100.00
  • Real GBP / USD rate: 1.2195
  • Value of amount in GBP using real rate: £82.00
  • Crezco’s variable fee as a percentage: 0.50%
  • Crezco’s variable fee in GBP: £0.41 (0.50% x £82.00)
  • Amount you pay: £82.41 (£82.00 + £0.41)
  • Visible exchange rate: 0.8241 ($100.00 / £82.41)

 

If you have any questions about the above fees, please get in touch with your Customer Success Manager or contact us at help@crezco.com.