The Savings Widget shows an estimate of how much you’ve saved by using Beacon compared to typical banks and remittance providers.
It calculates your savings by comparing Beacon’s near-real exchange rates and zero transfer fees against the typical FX markups, service fees, any other transactional cashback, and additional charges commonly applied by banks or other providers. The estimate is based on your transferred amount and prevailing market rates at the time of the transaction.
Please note that the savings displayed are indicative only and may vary depending on market conditions and provider pricing structures.