TuringDock Payments
See what you'd save.
Interbank rates, same-day settlement, 0% markup. Add a row per international supplier you pay and see your annual savings instantly. No signup.
Your international suppliers
One row per supplier you pay in a foreign currency. Annual spend in their currency.
| Currency | Annual spend | |
|---|---|---|
$ |
Your bank's FX markup
Most big-bank wires take 2–3%. Adjust if you know yours.
You'd save approximately
US$1,250
a year
That's US$6,250 back in your pocket over five years, plus same-day settlement instead of 3 to 5 business days waiting on the wire.
Per-supplier breakdown
- USD supplier· $50,000/yr+US$1,250/yr
Want this number per supplier, inside your MRP?
Sign up free, add your suppliers, and see the savings number on every supplier's modal alongside the parts they sell you. Same number, more granular, plus the Enroll-in-beta button that becomes Pay-this-PO when the rail launches.
International supplier payments — questions
- How does TuringDock get interbank FX rates?
- Through our payment partner, who provides the same wholesale rate banks see when they trade with each other. Your retail bank (RBC, TD, BMO, CIBC, Scotiabank, etc.) typically marks this rate up 2.5 to 3% on outbound wires; TuringDock applies a 0% markup so the wholesale rate is what reaches your supplier.
- When does the rate get locked?
- At PO issuance, not at payment time. Most quoting-to-paying gaps run 30 to 60 days, and an unfavourable FX move during that window can wipe out an entire deal's margin. Locking at issuance protects the margin you quoted on.
- How fast does the payment settle?
- Same business day for most major corridors (USD/CAD, USD/EUR, USD/GBP, USD/JPY). Compare to 3 to 5 business days for a standard CAD wire from a Big Five bank. Faster settlement means suppliers ship sooner, which means your customer order ships sooner.
- Are there per-wire fees?
- No. Big Five banks typically charge $30 to $50 CAD per outbound international wire on top of the FX markup. TuringDock has zero wire fees in the premium-tier pricing.
- What currencies are supported?
- USD, EUR, GBP, JPY, AUD, MXN, CHF, HKD, SGD, and CAD as the base. If your supplier is paid in a currency not on that list, talk to us — we can usually add corridors with two weeks of notice.
- Is this pricing finalized?
- Not yet. TuringDock Payments is in public beta. The 0% markup + zero wire fees are the structural commitment; the platform fee that goes alongside is being shaped with the first cohort of customers. Enroll in the beta from any supplier modal inside TuringDock and the founder will reach out with the current pricing.
- Do I have to use TuringDock's MRP to access the payments?
- Yes for the deepest integration (per-PO rate lock at issuance, settlement tied to specific supplier orders). The standalone savings calculator on this page is free to use without signing up; the Pay-this-PO flow lives inside the MRP because it needs the PO context to lock the rate.
- Why not just use Wise or Venn?
- Wise and Venn are general-purpose international payment fintechs and they're great at that job. TuringDock's wedge is the manufacturer context: the FX rate locks to a specific supplier PO, the settlement timing aligns with your production schedule, the margin reporting feeds back into Revenue/COGS automatically. If you only need international payments without the MRP context, Wise is probably the right tool.