Clearshift

At Clearshift, transparency is the most critical tool in our relentless quest for honest and fair foreign currency transactions. Our ClearCost verifiable transparency platform is entirely unique in the global payments arena. ClearCost means two things: First, the client must know in advance the exact cost to execute a foreign currency payment. We refer to this as "cost transparency" Secondly, the client must have the power to verify the exchange rate used by way of an independent third-party. This ensures the exchange rate utilized was, the “fair” or “mid-market” rate, and protects the client from hidden markups and surprise commissions. We refer to this as “verifiable rate transparency”, and its provided by Bloomberg's innovative BFIX service, which received compliance approval from IOSCO (Int'l Organization of Securities Commissions) Transactions can be verified indefinitely, and our cost is regularly up to 80% lower than competitors. Unfortunately, clients are frequently confused when offered “no commission” exchange. It gives the impression of a "zero-cost" service. But excessive spreads and rate markups remain hidden from the client. Last time we checked, there still was no such thing as a free lunch. Our ultra-low, all-inclusive fee is 0.59% or less for large transactions. That's it! Clearshift is proud to offer exchange rates that are transparent, independent and completely verifiable. Our competitors simply can’t say the same. Trust, backed by evidence. That's the Clearshift advantage.