Invoicing a client in another currency
When you bill a client abroad, agree the currency before you start. Most clients prefer to pay in their own currency; you take the exchange risk. If you bill in your own currency, they take it.
- Pick the currency on the invoice. The invoice generator has 28 currencies and formats the amounts the way that country writes them.
- Use today's rate when you quote. Rates move every day. Say in your terms how long the price holds, for example "valid for 14 days".
- Mention who pays bank fees. International transfers can cost both sides. Wise, Payoneer or PayPal are often cheaper than a bank wire.
- Keep records in your own currency too. For tax, most countries want income recorded in the local currency at the rate on the day you were paid.
Questions
Which currencies can I convert?
More than 160, including the US dollar, euro, British pound, Indian rupee, Bangladeshi taka, UAE dirham, Saudi riyal, Canadian and Australian dollars, yen and yuan.
Where do the rates come from?
From ExchangeRate-API, which collects rates from central banks and market sources and updates them every day. If it can't be reached, the page uses European Central Bank rates through Frankfurter.
Is this the rate my bank will give me?
Not exactly. These are mid-market rates. Banks and payment apps add a margin or fee, so the amount you receive is usually a little lower.
Is it free?
Yes. The converter and the invoice generator are free, with no sign-up.