Invoice finance agreements will be priced based on your business and requirements, however invoice discounting and invoice factoring have different fee structures.
Invoice discounting is structured like a loan, with interest payable plus an administration fee.
Invoice factoring charges are known as a ‘factor rate’, which is based on level of risk, volume of invoices, and the time credit is extended for, amongst other factors.
Your reference
You recipient details (Name, IBAN, Address, etc)
We'll show you a live exchange rate and a fixed FX markup fee on the same screen, as well as the payment total in GBP.
To make a payment on the web, go to: ‘Payments’ > ‘Make an international payment’.
Fill in the same details listed above, and we’ll show you the exchange rate and FX markup fee here as well. Then, open your Tide app to approve the payment.