The Rapyd platform integrates a third party foreign exchange rates provider that promises accurate and up-to-date spot exchange rates sourced from a broad base of commercial sources and banks around the world.
The integration of the third party foreign exchange rates provider enables to sort out possible inaccuracies and provide exchange rates with a precision of up to six decimal places.
In future versions, it will be possible to reserve a foreign exchange quote for up to 48 hours in order to enable more control of the FX rates and related expenses.