Plan a future tuition bill, monthly rent, or another known overseas cost. Rate Lock and Rate Protect provide two ways to manage the uncertainty between today and the payment date.
Compare the two approachesKnow your rate. Plan your savings.
Rate Lock fixes your exchange rate for a known payment or monthly schedule up to 24 months ahead. Your agreed rate stays fixed, whether the market rises or falls.
Limit the downside. Keep the upside.
Rate Protect sets a minimum exchange rate for a payment or monthly schedule up to 24 months ahead. Your rate can fall as far as that floor, but no further. Each payment benefits from a better applicable market rate when available.
Save toward a university tuition bill or another known overseas payment. Set the amount, currency, and date, then build your savings so the payment is fully funded when it is due.
Plan for rent abroad or monthly tuition instalments. Define the amount, currency, first payment date, and number of monthly payments. One agreed fixed rate or protected floor covers the selected monthly schedule, for up to 24 months.
Build the balance for upcoming payments over time. Each instalment must be fully funded before its scheduled date; the whole schedule does not require upfront funding.
FROM YOUR FIRST DEPOSIT TO EVERY PAYMENT
One shared journey.
Whichever protection you choose.
Choose your bill amount, currency, and payment date, from 1 to 24 months ahead. For a monthly commitment, set the amount of each payment, the first payment date, and the number of monthly payments.
In the proposed service, Rate Lock would fix your conversion rate. Rate Protect sets a minimum rate while keeping the benefit of a better applicable market rate. One agreed fixed rate or protected floor covers your selected monthly schedule, for up to 24 months. Review the protection, fees, and terms before confirming.
Monthly contributions and optional top-ups build the balance needed for upcoming payments. Each instalment must be fully funded before its scheduled date; you do not need to fund the whole schedule upfront. With Rate Protect, your funding target covers each payment at the agreed floor.
Confirm the legitimate bill and the recipient’s payment details, such as a university’s tuition invoice or a rental agreement and recipient bank information. The expense and recipient must be verified before payment.
Once each scheduled payment is fully funded and verification is complete, its amount is converted under your chosen protection and sent to the verified expense recipient on the specified date. Rate Protect uses a better applicable market rate when available while retaining the schedule’s agreed floor. Sending does not guarantee same-day receipt.
THE DETAILS THAT MATTER
In the proposed service, Rate Lock would fix your exchange rate, even if the market later improves. Rate Protect allows movement down to an agreed minimum rate, protects you below that floor, and retains improvements above it. Its funding target is based on the floor. For a monthly schedule, the same agreed fixed rate or floor applies to every payment.
The proposed products would cover known overseas expenses from 1 to 24 months ahead. Choose a single payment date or a monthly schedule lasting up to 24 months.
The proposed design supports this. Set a defined payment amount, currency, first payment date, and number of monthly payments for expenses such as rent abroad or tuition instalments. One agreed fixed rate or protected floor covers the selected schedule for up to 24 months. With Rate Protect, each payment benefits from a better applicable market rate while keeping that agreed floor.
You build your balance over time with monthly contributions and optional top-ups. Each instalment must be fully funded before its scheduled date, rather than funding the entire monthly schedule upfront. Any initial funding requirements are explained in the product terms before confirmation.
Full funding and completed verification are required for each payment before conversion and sending. There is no assumed borrowing or automatic coverage of a shortfall. Review the applicable funding deadlines and product terms before committing.
Each scheduled amount is converted under your chosen protection and sent in the required currency directly to the verified expense recipient, such as your university or landlord. The bill and recipient details must be checked before payment proceeds.
In the proposed service, the specified date would be the date of conversion and sending, subject to funding and verification. Sending does not guarantee same-day receipt. Allow for the recipient’s and payment providers’ processing times when planning around a bill’s deadline.
The current prototype displays a proposed setup fee equal to 0.5% of the estimated savings requirement. Nothing is charged in this test. Any future product-specific fees, exchange-rate terms, and total costs would need to be explained before confirmation.
Explore your savings using the calculator and register interest through the early-access waitlist. Joining the waitlist does not create a funded savings plan or scheduled payment.
The calculator currently supports GBP, USD, EUR, CNY, INR, VND, and NGN as savings or bill currencies. The displayed rate is indicative and does not confirm future product coverage or availability.
No. It uses an indicative reference rate to estimate a savings requirement. Using the calculator or joining the waitlist does not lock a rate, hold money, verify a bill, or schedule a payment.
MAKE ROOM FOR WHAT’S NEXT
Explore an estimate today and join the waitlist for future access.