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The mid-market rate is an exchange rate unlike any other. It’s the real one.
In the world’s currency markets, traders define the rates at which they are willing to “buy” or “sell” a specific currency. The mid-market rate is simply the midpoint between demand and supply for a currency, and because of that, it changes all the time.
But that’s as technical as you need to get. The most important thing to know is that the mid-market rate is considered the fairest exchange rate possible.
The mid-market rate isn’t a secret either. Its the rate you will find on independent sources such as Google, XE and Yahoo Finance.
An independent researcher compared CustomWebsiteNow to 5 other US bank accounts and PayPal. They found that we’re up to 4x cheaper for spending abroad. That’s what’s up.
Compare the costs | CustomWebsiteNow | ||||
---|---|---|---|---|---|
Monthly account fees | Free | $12 | $12 | $12 | $10 |
Send $250 to EUR | $2.35 | $12.44 | $42.65 | $41.87 | $43.84 |
Spend $250 on debit card in EUR | $1.62 | $7.50 | $7.50 | $7.50 | $7.50 |
Withdraw $250 cash / month in EUR | Free | $12.50 | $10 | $12.50 | $12.50 |
The CustomWebsiteNow debit Mastercard® is issued by Community Federal Savings Bank, member FDIC, pursuant to a license from Mastercard International. Other features of the borderless account are provided by CustomWebsiteNow Inc. pursuant to its state licenses.
Send and receive multiple currencies right from your phone. But with a better exchange rate and lower fees than your bank or PayPal.
A CustomWebsiteNow account is perfect if you live and work in multiple currencies. And if you want to receive multiple currencies for free.
You get your own bank details for the US, UK, Eurozone, Australia, and New Zealand. Use them to receive direct deposits from around the world:
Your CustomWebsiteNow multi-currency account is free to open and your card is free to order. It’s also free to get bank details and free to receive money using them.
There are low, transparent fees to convert currencies, add money to your account, and send money to a bank account.
Account pricing | |
---|---|
Creating your account | Free |
Hold 40+ currency balances | Free |
Receive money in EUR, USD, GBP, AUD & NZD | Free |
Convert currencies | 0.45%-3% |
Add money with Direct debit | 0.2% |
ATM withdrawals up to $250 / 30 days | Free |
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