Idea to hold the money in multiple currencies. A single wallet amount - should work at multiple countries (USD|GBP|INR) -
Core Idea International transfers becomes domestic - if we can able to switch the entire wallet amount from one currency to another.
This project is at very beginning phase.
Draft Features:
- Wallet rules (Max amount, min amount, wallet conversion charges)
- Enable set of countries - who support wallet amount conversion - with very less charges
- Wallet default currency (to allow multiple wallets - with unique wallet# prefix with currency-code)
- Partners integration at each country
To avoid conversion charges for a small amount of transactions, when initiate funds from one country to another. Accountability will be associated to country's National Bank.