The invoice currency is agreed between Mauve and our clients at the start of our partnership. However, our main invoicing currencies are USD, EUR and GBP.

As the worker’s local salary is generally required to be paid in the local currency of their country of work, an exchange rate must be applied if we are invoicing the client in a different currency.

Mauve invoices clients on the 1st of the following month. This ensures our invoices reflect the true costs aligned with monthly payroll reports and the exchange rates applied for processing local payments, eliminating the need for reconciliations.

Mauve partners with Ebury Limited, a payments and foreign currency exchange provider, to access preferential exchange rates. The exchange rate used in your invoice is based on the date we purchase local currency to cover salary costs - not the invoicing date. We buy the total salary cost in local currency and sell the invoicing currency to ensure we have sufficient funds for payroll processing. This approach guarantees that the exchange rate applied to your invoices accurately represents the actual costs.