How international payments and FX savings work in Nordpay

The standard international transfer

When you pay a foreign-currency invoice from your regular bank account, two costs apply: a per-transfer fee (typically charged by your bank for international/SEPA-SWIFT transactions) and a currency-exchange margin (the difference between the interbank rate and the rate your bank actually gives you).

How Nordpay routes the payment differently

When you approve a foreign-currency payment through Nordpay, the money flow changes:

Nordpay initiates a domestic transfer from your bank account to Nordpay’s account in your local currency — your bank sees no international transaction and charges no international fee.
Nordpay converts the funds using its own FX provider, which typically offers tighter rates than retail banks.
Nordpay sends the converted amount to your supplier via SEPA or SWIFT.

Your bank account shows a single domestic debit. Everything else happens inside Nordpay.

FX rate locking

Nordpay can lock in an exchange rate in advance for a scheduled payment. You authorise the rate today; the funds move on the payment date. No pre-funding is required to hold the lock — unlike most standalone FX providers that require a deposit upfront.

Currency accounts

If you hold a dedicated foreign-currency bank account (for example a EUR account), you can connect it in Nordpay. Payments in that currency then draw directly from the matching account with no conversion needed.