# Rapyd's Currency Exchange Fees

**URL:** <https://community.rapyd.net/t/rapyds-currency-exchange-fees/1888>\
**Category:** Settlement\
**Created:** [February 1, 2022, 7:00am UTC](https://community.rapyd.net/t/rapyds-currency-exchange-fees/1888 "2022-02-01T07:00:00Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Community\_Team](https://avatars.discourse-cdn.com/v4/letter/c/46a35a/32.png) [@Community\_Team](https://community.rapyd.net/u/Community_Team)\
**Post date:** [February 1, 2022, 7:00am UTC](https://community.rapyd.net/t/rapyds-currency-exchange-fees/1888/1 "2022-02-01T07:00:00Z")

</div>

> FX (Foreign exchange) transaction fees.

Foreign exchange fees include a 1.00% rate per transaction. Rapyd will add the current daily exchange rate as displayed from the [Get Daily Rate API](https://docs.rapyd.net/build-with-rapyd/reference/daily-rate-object#get-daily-rate).

### **Foreign Exchange Management Fees**

| Payment Channel | % Rate per Transaction |
| --- | --- |
| FX Markup | Benchmark + 1.00% |

As a reference rate for Foreign Exchange Management, Rapyd uses a daily FX rate calculated by Rapyd’s systems as of the contractual transaction date (“ **Benchmark** ”).

For more details on fees, refer to [Merchant Services Agreement](https://www.rapyd.net/rapyd-services-agreement/) Schedule 1 – Services section.