With Okoora’s Automated Business Currency Management Platform, you can establish, process, and schedule payroll in one screen with a few simple steps:
- Upload beneficiaries
- Upload Salaries
- Enter the amount – the platform will provide you with the estimated cost for the currency you chose.
- Choose the transfer fee. “Share” or “Our” based on your license.
The OUR fee- Payment transaction fees are paid by the payer i.e., the sender of a payment, and billed separately. The recipient will receive the full amount.
The SHARE/Regular fee- The recipient will pay all fees and will be billed separately. The recipient will receive the payment amount after the correspondent /intermediary fees have been deducted.