Cryptocurrency Q&A
How much does a foreign currency exchange cost?
How much does a foreign currency exchange cost?
CryptoElite
Mon Jan 13 2025
|
7 answers
1527
I am planning to exchange some foreign currency and want to know how much it would cost. I'm curious about the fees or charges associated with the exchange process.
7 answers
Bianca
Wed Jan 15 2025
Two major banks provide fee-exempt services for converting foreign currency back to US dollars.
Was this helpful?
95
68
GinsengBoostPowerBoostVitality
Wed Jan 15 2025
These banks are Bank of America and Citibank.
Was this helpful?
127
49
Davide
Wed Jan 15 2025
However, this fee-free service is only applicable when the exchange amount exceeds $1,001.
Was this helpful?
179
54
Eleonora
Wed Jan 15 2025
For Bank of America, if the exchange amount is less than $1,000, a fee of $7.50 will be charged.
Was this helpful?
281
52
Riccardo
Tue Jan 14 2025
In contrast, Citibank charges a fee of $5 for exchanges below the $1,000 threshold.
Was this helpful?
252
38
Load 5 more related questions
