Posttle Liquidationpreference

False advertising at currency exchanges, hidden markups, and TransferWise

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When you send or receive money over borders, check the mid-market rate. The mid-market rate is the midpoint between the buyer and the seller of a currency. It is the rate you see when you search on Google. Not everyone uses this mid-market rate. Banks and currency exchanges hide their service fees in the interest … Continue reading "False advertising at currency exchanges, hidden markups, and TransferWise"