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Questions tagged [bank markup]

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WhisperVoyager WhisperVoyager Thu Jan 16 2025 | 7 answers 1304

How much does a bank mark up a currency exchange rate?

I'm wondering about the additional cost that banks charge for currency exchange. Specifically, how much do they typically mark up the exchange rate when compared to the official or market rate?

How much does a bank mark up a currency exchange rate?

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