Virtually every foreign exchange transaction involves an embedded rate markup in the publicly offered exchange rate. This markup varies from transaction to transaction and essentially pays for the costs of providing the conversion services. These costs can include: the office rent, customer service expen...
RBC CAD to USD / USD to CAD Exchange Rate Overview RBC displays its non-cash rates online. According to the bank, these rates apply to B: the conversion of paper and electronic instruments such as cheques, drafts, wire transfers, etc....
even when a Supplier provides an invoice in a different currency. Should this happen, the Credit Card issuer, and not PayEdge, will convert the Transaction amount to the Credit Card’s currency at the applicable currency conversion rate, in accordance with the RBC Business/Commercial Credit Card...
The foreign currency conversion rate that appears on your trade confirmation and/ or account statement includes the spread that RBC Dominion Securities (“RBCDS”, “we”, “us” or “our”) or its affiliates earn for performing this function. Spread is the difference between the rate we or ...
Spread is the difference between the rate we or our affiliates obtain and the rate you receive. The foreign currency conversion rate and the spread will depend on a number of factors, including market terms and conditions as well as the amount, date and type of foreign currency transaction. ...
Above exchange rates shall refer to the conversion rate table of various currencies against USD published by SAFE in the previous month of the day when RQFIIs submit Basic Quota filing. 2. RQFII would automatically obtain a Basic Quota up to a certain percentage of their asset sizes or sizes...
I went to the bank to seek an explanation, and an executive told me it was due to the daily conversion rate since it was an international transaction. However, when I went back again, I was given a different explanation, saying that there is an intermediary between them and the bank and...
we may freeze the funds in the Account until such time as the dispute is resolved, apply to the court for directions or pay the funds into court, for which payment shall be in Canadian dollars with the conversion occurring on the date of payment at a currency conversion rate established by...
33 | Welcome to RBC RBC RBC Business Cash Back Mastercard RBC Avion Visa Business Business Credit Cards RBC Standard Fees Annual Fee (first card): $0 Annual Fee (additional cards): $0 Purchase Interest Rate: 19.99% Cash Advance Interest Rate: 22.99% FX Conversion Fee: 2.5% Overlimit...
Spread is the difference between the rate we obtain and the rate you receive. The foreign currency conversion rate and our spread will depend on market fluctuation as well as the amount, date and type of foreign currency transaction. Foreign currency conversions take place at such rates as are...