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 about 0.6% for currency conversion. 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 (~0.6 %)
This is the only cost of conversion, charged by the bank.