Forex Fees

The forex fee is an additional charge applied when currency conversion is required for payroll processing. This fee is outlined in your Master Service Agreement (MSA).

How the forex fee works

When your payment is converted from one currency to another, a forex conversion fee—typically 2.5%—is added. This may cause the final invoiced amount to appear higher than the original total.

Important: The forex fee is applied only to the Cost to Company portion of the employee’s compensation and is calculated monthly. It does not apply to Playroll’s EOR Fee or Contractor Fee.

This fee is stipulated in your MSA, which you can view directly in the Playroll platform under the Settings tab.