When you make a purchase in a foreign currency, Moreta handles the conversion for you using the bank’s live mid-market rate (the same rate you see on Google).
Banks charge a small spread of roughly 0.6%–0.75% for currency conversion, and the exact spread fluctuates with market conditions. We pass that cost straight through—no markups, and no hidden charges.
How It Works
Live mid-market rate
We use the exact midpoint between global buy and sell prices.
Bank spread (roughly 0.6%–0.75%)
This is the only cost of conversion, charged by the bank. It fluctuates with market conditions, so the exact percentage can vary slightly from day to day.