All institutions have rates based on "spreads"; percentages of a transaction that are taken off to cover costs and often to turn a profit. Banks normally hide a large spread as a way to pull even more money from their customers. At Veem, we do charge a spread, but it will always be lower than the banks and Paypal.
Articles in this section
- How long does it take for a payment to land?
- How do I check the status of my payments?
- How much does Veem cost?
- Where is the money deposited?
- How do I find my vendors if they are already on Veem?
- How does Veem make money?
- Are there any fees associated with Veem?
- How do I know when my payment is supposed to land?
- What foreign exchange rates do you offer?
- Why is my rate on Veem different than the rate Google is showing?