A field guide to cross-border paymentsSupplier payments, FX and import costs
ILLUSTRATIVE PROJECT / 02

Two quotes for the same peso payment

Compare the dollars needed to deliver 200,000 pesos under two hypothetical FX quotes.

Worked exampleThis example is illustrative. It does not describe a client engagement.

The situation

A hypothetical importer needs the supplier to receive exactly 200,000 Mexican pesos. One offer advertises no transfer fee; the other has a separate $35 fee.

Steps in the example

  1. Quote A uses an assumed rate of 20.00 Mexican pesos per US dollar and a $35 transfer fee. It requires $10,035 in funding.
  2. Quote B uses an assumed rate of 19.90 pesos per US dollar and no transfer fee. It requires approximately $10,050.25 in funding.
  3. With these invented inputs, A needs about $15.25 less funding. Check any unconfirmed deductions separately.
  4. These figures are for teaching. They are not current peso market data or offers available from a provider.

What to check on your shipment

  • Compare quotes for the same amount reaching the recipient.
  • Record the rate convention, fees, expiration, and deductions.
  • After settlement, reconcile the amount debited with the amount the beneficiary actually received.
Assumptions used in this example

This illustrative scenario uses deliberately invented rates and fees. It is not a provider comparison, live quote, documented client case, or claim of savings.

Pre-shipment checks

Check the order before it ships.

Review the invoice, bank details, documents and costs before releasing the balance.

Open the shipment checklist

Start with “China”, “FX” or “letter of credit”.