The Global Money Flow
From Hamburg to Toronto, from Frankfurt to Dubai: NOLIMIT Finance connects sender and recipient directly, without unnecessary detours.
SWIFT vs. Local Routing
With a classic international transfer, your money travels through several correspondent banks, each taking fees, each costing time. Here you can see the difference.
SWIFT via correspondent banks
Your Bank
Germany
Correspondent Bank 1
Intermediary
Correspondent Bank 2
Intermediary
Destination Correspondent
Intermediary
Recipient Bank
Canada
2-5
Business Days
€25.00-€50.00
Typical Fees
4+
Intermediaries
Local routing without correspondent banks
Musterbau GmbH
EUR
NOLIMIT FX + Routing
EUR → CAD 1.4820
Maple Design Inc.
CAD
1
Business Day
~€12.00
Fixed Fee
1
Intermediary
Try It Interactively
Enter the amount and currency pair. You instantly see the equivalent, the fee and the total cost.
Rates sourced from the European Central Bank, updated daily. Binding rates will be shown in the NOLIMIT Finance dashboard before you confirm a transaction.
Understanding Costs
Three main cost sources, and why NOLIMIT Finance outperforms a traditional bank on all three.
Your bank usually has no direct account in Canada. It forwards the money via intermediary banks. Each takes a fee, often €10.00-€25.00 per hop, without you seeing it.
Banks buy foreign exchange at the interbank rate and sell to you with a mark-up, often 1-3%. On €10,000.00 that is an invisible €100.00-€300.00 that never appears on any receipt.
Money that is in transit for 2-5 days is missing from your liquidity. For businesses with regular international payments, this alone can be a significant cost factor.
Understanding Exchange Rates
For anyone who has never made a foreign exchange transaction: a simple explanation with an example.
Currency Pair
EUR/CAD
Base Currency / Quote Currency
Current Rate
1.4820
1 EUR = 1.4820 CAD
+0.09% todayExample Calculation
€8,500.00 × 1.4820
= CA$12,597.00
Received by the recipient
NOLIMIT shows you the live rate before you confirm any transaction.
The first currency in the pair (EUR in EUR/CAD). The rate tells you how many CAD you get for 1 EUR.
Banks buy foreign exchange slightly cheaper than they sell. This difference (spread) is their hidden profit. At NOLIMIT it is disclosed.
The rate at which major banks trade with each other, the most favourable on the market. NOLIMIT bases its rate on this and adds only a transparent margin.