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- January 5, 2024 at 2:55 pm
Would you mean prices on true FX deals or on auto-FX done by the banks when FX flows in or out ?What I see that FX margins are auto-applied on amounts. For example amounts <100k, then 150 bp is applied, but >100k-<500k this drops to 100 bp…. going further over 10million, the bp is only 10bp.
In other words, small/tiny conversions cost a lot of money, and it becomes less of a pain when amounts are higher.
Do others see the same, or they have 1 fixed margin (bp) they pay, regardless of amount ?