FX Benchmark
AI Agent
A free GPT-powered agent that finds FX benchmarks based on your company’s specific need
Get Benchmarks Now
Specify your FX needs including currencies, countries, banks, and urgency
The agent will search through FX providers and banks for (public) offerings that suit your needs
The agent will send a report with rate benchmarks, so you can either get a better rate or make sure you already have the best one
Provided for free by panax
Currency Conversion Agent
Benefits and Restrictions
Optimal Rates
By reviewing more options, you could increase the chance and certainty that you getting the best rate
Time Efficiency
The advisor will go through dozens of options in seconds choosing those of who are relevant to you
Cost Savings
All you have to do is fill out a form according to your needs and we will handle the rest
Restrictions
The conversion advisor is a free forever tool, to keep it that way we limit the usage to once per day
Frequently asked questions
1. How does the Currency Conversion Advisor work? 
The tool collects real-time exchange rate data and fee information from multiple currency conversion providers. By inputting your conversion amount and currencies, the tool generates a detailed comparison of the best available options, comparing providers based on publicly published exchange rates, fees, and other factors will help you get the benchmark you need. Note that the tool is meant to provide benchmarks based on publicly available information and offers.
2. What information do I need to provide to use the tool?
To use the Currency Conversion Advisor, you need to provide the following information:
– The amount you want to convert
– The currency you are converting from
– The currency you are converting to
– The date of conversion
3. How do I receive the results?
A detailed benchmark report will be sent to your email box. Please make sure the email did no arrive to the spam box.
4. Are the fees shown as exact numbers?
No, the fees are described based on how they are applied (e.g., percentage-based, flat fee, minimal fee). This approach helps you understand the fee structure and how it affects the overall conversion amount.
5. How accurate are the exchange rates and fees provided by the tool?
The Currency Conversion Advisor uses real-time data from reputable sources to provide the most accurate and up-to-date information possible. However, exchange rates can fluctuate, and fees may vary based on the provider’s terms and conditions. The information given is based on what is publicly available online only, so better rates might be available directly from the providers. It’s always a good idea to verify the rates and fees on the provider’s website before making a transaction.
6. Can I use the tool for large currency conversions?
Yes, the Currency Conversion Advisor is suitable for both small and large currency conversions. It includes providers that offer competitive rates for high-value transactions and those that provide personal account managers for large transfers.
7. What should I do if I encounter an issue with a provider?
If you encounter any issues with a provider listed in the Currency Conversion Advisor, it’s best to contact the provider directly through their customer support channels. Each provider has its own procedures for addressing customer concerns and resolving issues.
8. Is the Currency Conversion Advisor free to use?
Yes, the Currency Conversion Advisor is a free tool designed to help you make informed decisions about currency conversion. There are no charges for using the tool.
9. How often is the data updated?
The Currency Conversion Advisor updates its data in real-time to provide the most current exchange rates and fee information. However, for real-time transactions, it’s advisable to check the provider’s site directly.
10. Are there any usage limitations?
Yes, queries are limited to one per day per user. This ensures that the tool provides high-quality, real-time information each time it is used.