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July 28, 20263 minGuidesBy Charles Parenteau
Understanding Exchange Rates and Transfer Fees
Mid-market rate, margin, fixed fees explained.
In summary
Real rate = Google rate. Margin = difference. Total cost explained.
Real rate = Google/XE. Margin = difference from real rate. Total cost = fees + rate loss. Example: 500 EUR to Morocco.
Sources:
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Charles Parenteau
Fondateur de TransfertCompare. Expert en transferts d'argent internationaux et en fintech. Je compare les solutions pour vous aider à économiser sur chaque envoi.En savoir plus →
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