What is Veem’s Secured Rate?

What is Veem’s Secured Rate?

Upon submitting your payment, you are guaranteed the Veem secured rate for 7 calendar days, protecting you from unexpected market volatility.  

If you have questions, please reach out to client services by email at clientservices@veem.com.

FAQs

Are there any exceptions where the guaranteed rate no longer applies?

The rate is no longer guaranteed if (1) there are insufficient funds in your bank account, (2) your bank did not process the payment to Veem, and/or (3) the payment instructions provided are not valid.

How many payments can I set up with a guaranteed rate?

You can set up an unlimited number of payments, each with its own specific Veem Secured Rate, which is guaranteed for 7 calendar days.

What if the rate changes significantly in that time, or the rate is unstable?

There's a 3% rate limit on transfers with a Veem secured rate. If the rate changes by 3% or more during the guaranteed rate period, we reserve the right to cancel and refund your transfer—we’ll send the money back to the account it came from.