07/20/2026
Quick exercise for anyone paying suppliers abroad: take your last wire. Divide what the supplier received by what you sent. Compare that rate to the market rate that day.
That gap is your bank's FX margin. On a €50,000 payment it's often $1,500-2,000. It doesn't appear on any invoice, which is why most businesses never track it. Multiply by every payment you made this year.
Checking takes 60 seconds: worldesk.ai/forex