• 1.3 billion International Arrivals
• Currency Exchange Required
• International Education
• Labor Migration
• Labor Export
The current international money transfer and exchange industry typically depends on banking systems and MTOs.
However, these outdated-model businesses encounter many problems themselves, making them insufficient, sluggish, and costly.
ZeroBank headquarter controls the network of ZeroBank local offices around the world, and each local office controls the whole market it operates in, including all local agents and end-users. ZeroBank Headquarter -> Local Offices -> Local Agents & End-users Each transaction will has commission fee. The commission fee will paid by the End-user in cash (local currency), then it will redistributed to ZeroBank headquarter and all agents involved under ZBXXX form. The redistribution ratio is determined in each market case by case. Some factors will affect the ratio: -Distance between End-user and Agent -Special requirement(s) from End-user Overall, ZeroBank aims to keep the commission fee at around 2.5% - 3% for a standard transaction (1,000 USD and above). ZeroBank HQ may create rebate program(s) for new market to engage new customers and enlarge the user base.