When you Transfer International Money, understanding exchange rates and associated fees is crucial. We offer all-inclusive pricing for our exchange rates, which may incorporate profit, fees, costs, charges, or other markups at our discretion. The specific fee or markup can vary between customers and even for the same customer depending on the transaction method or platform used.
To manage risk, facilitate transactions, and hedge exposure, we may engage in hedging and pre-hedging activities, including trading before order execution. These actions could impact the underlying currency’s price, affecting your final cost or proceeds. It’s important to acknowledge that we are not liable for these potential price fluctuations. If our hedging activities result in a positive difference compared to the agreed execution price or benchmark, we retain that profit.
Our exchange rate transactions are conducted at arm’s length. As a customer, you engage in these transactions without establishing a principal/agent relationship or any other relationship implying heightened duties on our part. You should assume we have an economic incentive to act as a counterparty in transactions with you.
We disclaim all liability for our exchange rates, including any direct, indirect, or consequential losses. This includes scenarios where our rates differ from those offered by third parties or from rates we offered previously at a different time, location, transaction amount, or payment method (e.g., banknotes, checks, wire transfers).
