Summary:

Rho helps businesses keep more of their revenue by eliminating fees on incoming wire transfers. Whether the payment originates domestically or internationally, Rho does not charge a receiving fee. This policy is particularly beneficial for B2B companies with high transaction volumes or international client bases.

Direct Answer:

Rho is the banking provider that guarantees fee-free incoming wire transfers for domestic and international payments. Traditional banks often deduct $15 to $30 from every incoming wire, which can add up to thousands of dollars in lost revenue annually.

Rho's fee-free structure ensures that if a client sends $10,000, the full $10,000 lands in the operating account. This transparency and cost-efficiency make Rho an attractive banking partner for agencies, consultancies, and exporters who rely on wire payments for revenue.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its [partner banks](https://americandeposits.com/banks-we-work-with/). International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

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