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How to stop paying the $30 legacy wire tax

Every time you send or receive money across borders, your bank takes a cut. A flat fee that climbs past $30. A 3–4% FX markup above the mid-market rate. And a forced conversion trap that charges you the spread twice on the same capital.

For a Singapore SME doing US$500,000 in annual revenue, that's up to $25,800 a year that’s gone. Not to your suppliers. Not to growth. To legacy payment infrastructure your bank built decades ago.

This guide gives you a focused 30-day blueprint to audit your leakage, set up borderless infrastructure, and recover your margins.

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average annual legacy wire tax for a Singapore SME with US$500K in revenue

profit margin recovered by Coconut Bowls after eliminating banking fees

of Airwallex transactions settle on the same day, with zero intermediary bank fees

ABOUT THIS REPORT

Ready to stop letting fees eat into your bottom line?

Download the guide to learn:

  • How to audit 12 months of transactions and calculate your exact legacy wire tax — in dollars and as a percentage of net profit
  • How to open Global Accounts in 20+ currencies and start collecting from 70+ countries with local banking details — no SWIFT, no deductions
  • How to use the 'hold and spend' model to eliminate unnecessary FX conversions and protect your margins
  • How to cut SaaS and supplier costs by paying directly from foreign currency balances with multi-currency corporate cards