Networks & cross-borderNext

Convert between balances at a rate you can see.

Rates and conversion between balances.

Next. Currency conversion is built and on its way to Live. Tell us if you need it, and we'll tell you honestly when it will be ready for you.

Illustrative
Why it matters

What it will change.

Customers holding more than one currency want to move between them without guessing the rate. Currency conversion on Bridge will quote a rate, lock it briefly, and convert between a customer's balances when they confirm.

Rates will come from a connected feed. Conversion waits for that feed to go live.

How it works

Step by step.

  1. Ask for a rate

    From the connected rate feed, for the pair and amount.

  2. Lock it

    The quote holds for a short time.

  3. Convert

    The customer confirms and both balances will post together.

What it will do

Built in, not bolted on.

Multi-currency balances

Customers hold balances in each supported currency.

Locked quotes

The rate holds long enough to confirm.

Fees shown

Any margin or fee is quoted, not hidden.

One ledger

Both sides of the conversion post in one transaction.

Rate feed

Rates from a connected source, refreshed through the day.

Records

Every conversion keeps the rate it used.

  • Rates from a connected feed
  • Conversion between a customer's balances
Use cases

How businesses could use it.

Illustrative businesses, not customers. Figures are made up to show the flow.

A freelancer wallet in Lagos · Fintechs & neobanks

Freelancers paid in dollars

Freelancers receive dollars and convert when they need naira. They want to see the rate before they convert.

  1. The freelancer will see a locked rate
  2. They'll confirm within the window
  3. Both balances will update together

Freelancers will convert knowing exactly what they'll get.

Illustrative

An importer in Aba · Merchants & e-commerce

Importers paying suppliers

The importer holds naira and pays suppliers in dollars, and wants the rate fixed when it agrees the invoice.

  1. The importer will request a quote for the invoice amount
  2. Convert when the invoice is approved
  3. Then pay the supplier

The cost of the invoice will be known when it's approved.

Illustrative

A student-payments app in Abuja · Fintechs & neobanks

Students paying fees abroad

Parents pay school fees abroad and want to know the naira cost before they commit.

  1. The parent will see the fee in naira at a locked rate
  2. Then convert and pay the school

Parents will know the naira cost before paying.

Illustrative
What it won't do

Honest limits.

  • Conversion waits for the rate feed to go live.

Questions about currency conversion

Is conversion available?

Not yet. It waits for the rate feed to go live.

How long is a rate held?

A short window, long enough to confirm, then the customer gets a fresh quote.

Do you show the margin?

Fees and margins are quoted before the customer confirms.

Bridge for Business

Tell us what you're building.

We'll come back with what's live for you today, and what's next.