Cryptocurrency Q&A Does FNB have a currency exchange rate margin?

Does FNB have a currency exchange rate margin?

BlockchainMastermind BlockchainMastermind Wed Jan 15 2025 | 7 answers 1286
I am inquiring about the currency exchange services offered by FNB. Specifically, I want to know if they apply a margin on their currency exchange rates. Does FNB have a currency exchange rate margin?

7 answers

alexander_rose_writer alexander_rose_writer Fri Jan 17 2025
For customers sending money to these countries, this can be a significant advantage.

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Carolina Carolina Fri Jan 17 2025
One of the largest fees in the international money transfer world is often the exchange rate fee.

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KabukiPassion KabukiPassion Fri Jan 17 2025
Currencies that are pegged in value to the South African rand have a unique relationship with FNB.

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SamsungShiningStar SamsungShiningStar Fri Jan 17 2025
Specifically, the Namibian dollar, the Lesotho loti, and the Swazi lilangeni are all currencies that maintain a fixed exchange rate with the South African rand.

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ZenBalance ZenBalance Fri Jan 17 2025
By avoiding this fee, customers can save a considerable amount of money on their transfers.

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