Foreign Exchange

International Payments

Global E-wallet (coming soon)

+44 (0)3450537044

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VertoFX Ltd (No. 10973066) designs and operates the VertoFX website and app and is a trading name of VertoFX Ltd (No. 08438234). VertoFX is a PSD agent (Ref No: 830840) of Arbitrage Capital Limited which is an Authorized Payment Institution regulated in the United Kingdom by the Financial Conduct Authority (FCA License No: 789606) for the provision of payment services. 

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Why are business cross-border payments expensive?

Many businesses in today’s world are trading internationally. Whether it be paying

suppliers abroad or selling to other companies, the need to move funds across

borders and in different currencies is a major facet of the modern business

environment. With this ever present need businesses often experience three vital


1) Lack of Liquidity

2) Expensive FX rates

3) Longer Settlement Period

Some of these pain-points are solved by existing players in the market. These

include Banks, Local FX brokers, MTO (Money Transfer Operators – such as Western

Union) and P2P Lending (Peer to Peer). The solutions from these providers are

commonly expensive and broadly not fit for purpose.

Access to foreign currencies at competitive and fair rates - especially those that are

less frequently traded i.e. African and Southeast Asian currencies - can be

challenging for businesses.

On average, providers charge between 2% and 15% on FX transactions, as depicted

in the graph below:

As an example, a simple transaction of $20,000 within G20 countries could cost a

business an astonishing $1280 (6.4%). By using Verto, the same transaction will cost

less than $200 thus delivering material savings to on business’ bottom-line.

At Verto, we remove all of the infrastructure pain-points behind the scenes which other providers use to justify the staggering cost on transactions. Some of our key benefits are:

1) We charge “zero” fees and complete your transactions within hours, not days

2) Our solutions are built for high volume transactions

3) Our customer support solution is 24/7, always at your disposal.

If you are still not convinced, why don't you register on or shoot us an email with your queries?