Exchange rate
The rate used to convert one currency into another, shown before you confirm.
Before any conversion you see the rate, the amount leaving your wallet and the amount arriving, with no hidden margin added afterwards.
For payroll and large transfers the rate is locked when you approve, so the figure you approve is the figure that is paid.
Also called: conversion rate, fx, how much will they receive.
More in Money
- Local currencyThe everyday currency of your country, which is what every balance, price and payment on gFinOS is shown in.
- WalletA single balance inside your account, held in one currency.
- My MoneyThe main screen that brings together your cash, savings, rewards, gift cards and credits in one total.
- CashbackA share of an eligible purchase paid straight back into your account in your local currency.
- Top upAdding money to your gFinOS account from a bank account or card.
- WithdrawalMoving money from your gFinOS account out to a bank account.