How do I convert EUR to USD?
If you have EUR funds available in your Trine wallet and wish to use them to invest in a USD loan, you can convert the funds to USD.
To do that, you start by choosing the USD loan that you would like to invest in. Once chosen, you will end up at the first step when making an investment, which is where you'll have to answer a short risk quiz. After answering the quiz, you'll get to a step called 'Select amount to invest', where you'll get an overview of how much you have in your wallet.
Enter the amount you want to convert, and you'll see a summary of the expected USD amount after conversion. Then, click 'Convert funds' to complete the process.
The funds available in your wallet will be applied to the investment. To view the amount that will be withdrawn from your wallet and any additional payments required, scroll down to the Financial Overview section. For details on available payment options, click here.
What is the FX rate and how much does the conversion cost?
The exchange rate is provided by SEB. The cost of exchange is 0.2% x the transaction amount.
Please note that the conversion service is currently not available during the weekend and other bank holidays. However, we allow for offline conversions. An offline conversion refers to a foreign exchange transaction that occurs outside of official trading hours or when the foreign exchange markets are closed.
If you have any questions or concerns, we are here to help. Reach out to us at hello@trine.com.