USD to Euro Calculator

Whether or not a wire transfer fee is waived, banks profit from currency conversion. The exchange rate used by a bank includes a markup to compensate for costs, market risks, and profit margins. This exchange rate is separate from any applicable fees and may differ from rates found elsewhere. Different customers might receive varying rates for similar transactions due to factors like currency pair, transaction size, payment method (cash, check, remittance, wire transfer), and the specific product.

Foreign exchange markets are constantly changing, with rates fluctuating based on market conditions, liquidity, and risk. Banks act as independent counterparties in these transactions and reserve the right to refuse any foreign exchange request. Incoming international wire transfers in foreign currencies will be converted to USD at the applicable exchange rate without prior notice. This conversion process is detailed in the bank’s deposit account agreement. Finally, third-party banks or other financial institutions might impose additional fees beyond those charged by the primary bank.