Payments glossary
What is FX spread?
The margin added to the mid-market rate by a provider on a currency conversion.
Definition
FX spread, explained.
The margin added to the mid-market rate by a provider on a currency conversion.
Terms like this one appear on quotes, merchant statements and settlement reports every day, and misreading them is how businesses end up paying more than they realise. TotalRemit.ai discloses pricing components explicitly so the terminology maps to a number you can actually see.
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