Sell in one currency, spend in another.
Hold marketplace payouts in the currency they arrive in, convert when the rate suits you rather than when the platform decides, and pay overseas suppliers from the same account.
The problem
What usually goes wrong
- Payouts arrive in a currency you do not spend in
- Your platform converts automatically at a rate you never see
- Supplier payments abroad take days and cost more than quoted
- Reconciling payouts against orders eats a day a month
What we do about it
How Nomos Pay handles it
Hold the currency you are paid in
Keep US dollar and euro payouts as they arrive rather than converting on landing, and decide the timing yourself.
Convert with the spread visible
Every conversion shows the rate and the spread before you confirm, so the cost is a decision rather than a surprise.
Pay suppliers from the same balance
Send to manufacturers and freight forwarders without moving money back through your bank first.
Records that reconcile
Statements per account and per period, with every conversion itemised for your bookkeeper.
Other solutions
Ready to run your money in one place?
Open a business account, or talk to someone who will tell you honestly whether Nomos Pay fits before you apply.
Business applications are reviewed by a person. You will know if you are eligible before you submit documents.