Generally speaking, exchange rates are the amount of one currency you can exchange for another. This is particularly important when a patent holder wants to renew his/her patent/s in many countries, which are using different currencies. In this scenario the currency of the invoice for the renewal service is different than the one which is to be paid to the local patent office, therefore, there can be extra costs due to the fluctuation of the exchange rate.
In order to minimize your extra costs on the exchange rates, we have found the perfect solution. We are world-class in finding the lowest possible exchange rates, therefore saving up to 5% just on this factor alone for most of our new customers.
If you want to know more about how we calculate our exchange rates, click here.