Cryptocurrency Q&A
Does UOB offer a currency exchange rate?
Does UOB offer a currency exchange rate?
GeishaCharm
Sat Feb 22 2025
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7
answers
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I'm planning to travel abroad soon and need to exchange some money. I'm wondering if UOB bank provides currency exchange services and if they offer competitive rates.
7 answers
AzrilTaufani
Mon Feb 24 2025
However, the exchange rates offered by UOB may not be advantageous for many users.
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Bianca
Mon Feb 24 2025
This is because UOB applies a markup on top of the mid-market rate.
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KpopStarlet
Mon Feb 24 2025
International money transfers frequently involve intermediary or recipient banks facilitating the switch.
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Carlo
Mon Feb 24 2025
The markup essentially increases the cost of the transaction for the customer.
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CryptoAlchemist
Mon Feb 24 2025
UOB provides a broad range of currency options for such transactions.
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