I want to know the difference between the exchange rates offered by ANZ and CBA. I'm curious about how these two banks compare when it comes to converting currencies.
5 answers
EmeraldPulse
Sat Dec 14 2024
Upon converting AUD to GBP and USD, CBA imposed a markup of 4%.
SumoHonor
Sat Dec 14 2024
In August 2023, we conducted a review of CBA's exchange rates.
KatieAnderson
Fri Dec 13 2024
This was significantly higher than ANZ, which added a markup of approximately 2.9% for the same currencies.
DondaejiDelightful
Fri Dec 13 2024
NAB and Westpac, on the other hand, charged a fee ranging from 3-5% above the mid-market rate.
Dario
Fri Dec 13 2024
The difference in markup percentages among these banks highlights the variability in exchange rate costs.