Can we fix the rate entirely throughout the chain till the beneficiary? What role does your company play in the FX rate fixing?

If you bring in your own payout network/partner, and such a payout network/partner would have a correspondent tie-up agreement with the PLH (Principal License Holder) in the UK/EU, then the FX price, gains, etc. are all set by you. If you do NOT bring in your own payout network/partner, then the FX, etc. are all set by the PLH. Your commission would be governed by the wholesale price they offer in the package, which you would be accepting.

May I humbly request you watch these two videos? They explain the concept of what correspondent tie-up agreements are – very well.

Suggested Video(s)

—

This page was last updated on February 16, 2023.

–

Related posts:

  1. What is my company’s role defined in all of this? What role do I play as a non-licensed entity?
  2. What Is The Mid-Market Rate (or the Interbank rate)? Why Is It Important?
  3. RIA is competitively charging low fees, and the only way we could match up would be to find a payout partner with a good rate. Your solution is turnkey, which is good, but, we need visibility into the rate (assuming you will be assigning a payout partner to us) so that we could do some quick calculations before investing in your solution.
  4. Fiat on-Chain
  5. Since your company only contacts, arranges, and opens the door to negotiate; is it possible to negotiate with the company willing to work with our company? What happens if an agreement is not reached on the issue of prices or for any other issue? Is the payment for your services reimbursed 100%?
Share with others...