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2. Foreign transaction fees vs. currency conversion fees: What ...

   www.aol.com/finance/foreign-transaction-fees-vs...

   Currency conversion fees, also called foreign currency exchange fees, come in two forms. Both involve charges for converting one currency to another during an international transaction.

3. What are the typical fees associated with money exchange? - AOL

   www.aol.com/finance/typical-fees-associated...

   Conversion fees: It’s typically not a good idea to exchange one foreign currency for another foreign currency, as this will often expose you to two conversion charges. Foreign transaction fees ...

4. Where to exchange currency without paying large fees - AOL

   www.aol.com/finance/where-exchange-currency...

   Definitions in currency exchange Exchange rate The exchange rate is the value of one currency relative to another. For instance, if the exchange rate for the U.S. dollar (USD) to the euro (EUR) is ...

5. Exchange rate - Wikipedia

   en.wikipedia.org/wiki/Exchange_rate

   In many countries there is a distinction between the official exchange rate for permitted transactions within the country, and a parallel exchange rate (or black market, grey, unregulated, unofficial, etc. exchange rate) that responds to excess demand for foreign currency at the official exchange rate.

6. Currency pair - Wikipedia

   en.wikipedia.org/wiki/Currency_pair

   A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.

7. What banks exchange foreign currency? - AOL

   www.aol.com/finance/banks-exchange-foreign...

   Exchange rate: The basic conversion rate between currencies that changes daily based on global markets. Service fees : The flat or percentage-based charges for handling the exchange.

8. Foreign exchange swap - Wikipedia

   en.wikipedia.org/wiki/Foreign_exchange_swap

   In finance, a foreign exchange swap, forex swap, or FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates (normally spot to forward) [1] and may use foreign exchange derivatives. An FX swap allows sums of a certain currency to be used to fund charges designated in another ...

9. Foreign Transaction Fee: What Is It and How To Avoid Them - AOL

   www.aol.com/finance/foreign-transaction-fee...

   Whether an experienced international traveler or a first-timer, managing spending while traveling abroad can be challenging. A foreign transaction fee, typically 1% to 3%, is charged to bank...