Know · Trust · Entrust

Accept Family Account Entrust!



Funds Conversion

The UK, Switzerland, Hong Kong, China, four regional banks, Foreign Exchange Commission, with the deduction of spread to the performance, the difference is very big difference.
Now, I own the actual money exchange experience to one million Euros, the price of EUR / USD = 1.40, the real exchange example, differences in contrast commission as follows:

Funds (EURO) Region Commission Spreads Conversion of funds (USD) Contrast
1,000,000.00 China 0.0100 1,390,000.00 Less change than in Hong Kong USD5500 Less change than in Switzerland USD9000 Less change than in UK USD9000
1,000,000.00 Hong Kong 0.0045 1,395,500.00 For more than China USD5500
1,000,000.00 Switzerland 0.0010 1,399,000.00 For more than China USD9000
1,000,000.00 UK 0.0010 1,399,000.00 For more than China USD9000

Based on the above experience concludes:
Large foreign exchange transaction, priority in the UK and Switzerland, then in Honking, and finally in the China.