First Rate Exchange Services Ltd, a company registered in England and Wales with number 4287490 whose registered office is Great West House, Great West Road, Brentford, TW8 9DF, (Financial Services Register No.
#Exchange rate for today license#
Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. Registered office: 100 Wood Street, London, EC2V 7ER.įind out more information by reading the Post Office Travel Money Card's terms and conditions. Post Office Limited is registered in England and Wales. Post Office and the Post Office logo are registered trademarks of Post Office Limited. Post Office Travel Money is provided by First Rate Exchange Services. Travel money in-branch terms and conditions Please read the Post Office Travel Money terms and conditions. This foreign transaction fee is, however, reduced to $0 if the transfer was originally sent with the help of a Chase Banker or using or Chase Mobile.GBP value Min online spend £400, max £2,500 Additional Costsįor an incoming international wire transfer, a fee of $15 per transfer will apply. Customers can rely on money transfer providers to save more than $35 when sending USD. $5 per transfer (up to $5000), $0 above $5000Ĭhase Bank money transfer fees depend on the transfer currency. International WireTransfer (send in USD received in foreign currency) International Wire Transfer (sent and received in USD)
$15 Note: If originating through a Chase Bank broker this could be $0. The markup means that customers will get unfavorable rates compared to what they see quoted as the mid-market rate. Other unclear costs may include commissions or costs by the bank’s affiliates. Chase Bank states that its foreign exchange rates are determined by their “sole discretion” and that Chase Bank exchange rates “will include a spread and may include commissions or other costs that we, our affiliates or our vendors may charge”.Ĭhase Bank foreign currency exchange rates include markups. This means that when sending money abroad, you are unlikely to get the same exchange rate you find online. However, like most banks, Chase sells foreign currency to customers with a margin added onto the exchange rate. Chase Bank Exchange RatesĬhase Bank buys and sells foreign currency at the mid-market exchange rate in the foreign exchange market, which is the exchange rate you’ll find on any given day via Google or Reuters. We’ll look at both of these common charges below.
These fees can largely be separated into the margin added on to the exchange rate, and international transfer fees or foreign transaction fees. If you’re sending money internationally with Chase Bank, it’s important that you inform yourself on the type of fees you are likely to encounter. Let’s examine how Chase Bank handles transfer costs. Cumulatively, these charges form the bulk of international transfer costs. US banks typically charge high fees and apply margins on the exchange rates.
Get rates Chase Bank Currency Exchange Rates and Fees
The bank supports wire transfers to over 90 countries in their local currencies. The bank has a wide offering of products and financial services designed for both individuals and businesses, including savings and checkings accounts, credit cards, and loans and mortgages.Ĭustomers can send and receive money overseas with Chase Bank international transfers. In total, the bank’s assets were estimated at $2.49 trillion in 2016.Ĭhase Bank has branches across the US for convenient access to your bank, although the company also has excellent online access to manage your accounts wherever you’re based. Now, JPMorgan Chase operates in over 100 countries with over 250,000 employees. Chase Bank was known as Chase Manhattan Bank before merging with JP Morgan & Co in 2000.
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