A Few of our Advantages

None of our competitors are openly offering a lower true cost and none of them will openly commit to a fixed “spread” or commission rate. A refusal to commit to a fixed commission rate is likely an indication that a hidden cost is buried in the rate mark-up, one that exceeds 1% and may even be as high as 3%. This is often in addition to other disclosed payment fees charged such as a wire fee. The savings with Clearshift are dramatic.

Consistent with our core value of transparency, our fee is publicly disclosed, not a privately negotiated matter. Clearshift's policy is not to differentiate between similarly situated customers. We believe that pricing and volume discounts should be equally available to all.

Some claim transparency by promising you the interbank mid-rate, but they don't back it up with anything you can independently verify after the fact. Others claim transparency by matching buyers and sellers peer-to-peer, but similarly, do not enable you to verify after the fact that you matched at the mid-rate or matched at all. Still others cynically claim transparency because at the time of the trade they calculate and disclose exactly how much you will pay in one currency and how much you will receive in the other currency, conveniently glossing over the fact that they are not disclosing how much profit they tucked into that quote by marking up the exchange rate.