Frequently asked questions
Find answers to some frequently asked questions about Foren
Converting Money, Fees and Exchange Rates
How do I exchange money between currencies?
Select Swap, choose the currencies you want to exchange, enter the amount, and review the exchange rate. Swaps are typically credited immediately.
What exchange rate does Foren use?
Foren uses the prevailing market exchange rate for currency conversions. We'll show you the applicable exchange rate before you confirm your transaction.
The rate is typically fixed for 30 seconds to give you time to review and confirm the transaction. After this period, the rate may change in line with movements in the foreign exchange market.
How much does Foren cost?
Opening a Foren account is free.
Fees for transfers, currency conversion and other services vary depending on the product, currency and payment method.
You'll see any applicable fees before you confirm a transaction. You can also view our latest pricing on the Foren Pricing page.
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