Rho significantly simplifies and lowers the cost of making international payments through its integrated AP Automation platform.

By leveraging partnerships (like Wise) for its global payment infrastructure, Rho allows you to pay suppliers and contractors in many foreign currencies directly from your main dashboard. This process offers highly transparent and typically low foreign exchange (FX) fees (e.g., 1% for many common currencies) and provides much faster settlement times compared to the often opaque and expensive process of sending international wires through traditional banks.

Nuances & Considerations

• Supported Currencies/Countries: Verify that the specific currencies and destination countries you need are supported by Rho's international payment capabilities.
• Fee Structure: While generally low-cost, the exact FX fee percentage can vary by currency. There are no wire initiation fees from Rho, but FX costs apply.
• Receiving Fees: While Rho aims for transparency, intermediary or receiving banks in some countries might still deduct fees.

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