Intercam EX RATE FOR US$
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Intercam EX RATE FOR US$
I have noticed that for the past couple of weeks the posted Intercam ex rate for the $US has been less than stellar.
The "normal" spread between the "Bank" spot rate and what Intercam offers is about 1 to 11/2
Now I noticed today's "spot rate " of 23.8 ........and Intercam is showing a ex rate of 21. When I questioned the wider spread I was told that the bank has too many dollars..but for a transfer rate they can give you a more attractive ex rate
I recall a few years back I had the same experience at Actinver....they were swimming in hard currency and would give you a better rate for a check
The "normal" spread between the "Bank" spot rate and what Intercam offers is about 1 to 11/2
Now I noticed today's "spot rate " of 23.8 ........and Intercam is showing a ex rate of 21. When I questioned the wider spread I was told that the bank has too many dollars..but for a transfer rate they can give you a more attractive ex rate
I recall a few years back I had the same experience at Actinver....they were swimming in hard currency and would give you a better rate for a check
lakeside7- Share Holder
- Posts : 291
Join date : 2012-06-17
Re: Intercam EX RATE FOR US$
lakeside7 wrote:I have noticed that for the past couple of weeks the posted Intercam ex rate for the $US has been less than stellar.
The "normal" spread between the "Bank" spot rate and what Intercam offers is about 1 to 11/2
Now I noticed today's "spot rate " of 23.8 ........and Intercam is showing a ex rate of 21. When I questioned the wider spread I was told that the bank has too many dollars..but for a transfer rate they can give you a more attractive ex rate
I recall a few years back I had the same experience at Actinver....they were swimming in hard currency and would give you a better rate for a check
I transferred money from US to Santandar last week and got 22.5, I believe spot was around 24.
rafterbr- Share Holder
- Posts : 416
Join date : 2018-07-29
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