International Payments and Foreign Exchange
Clearco currently supports 4 currencies for Invoice Funding, so if you have overseas suppliers we’ve got you covered. We charge a 0.5% commission for non-USD payments.
Clearco also supports USD for accessing working capital.
We currently support the following currencies:
Currencies supported for Invoice Funding:
AUD
CAD
EUR
GBP
USD
How is the foreign exchange rate calculated?
When you submit an invoice to send a currency outside of USD to your vendor, at the time of your invoice submission, we will convert to the current market rate plus a 0.5% commission for non-USD payments.
The final confirmation of the foreign exchange rate used in any conversion is provided when your submission is approved and your agreement is sent. The amount converted to USD will reflect on your Clearco Dashboard and in the agreement.
If you have any further questions regarding exchange rates, please feel free to reach out to our Support team at support@clear.co.