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Terms and conditions apply and are subject to change.īrex Inc. “Brex” and the Brex logo are registered trademarks.īrex products may not be available to all customers. Limit orders can last up to 12 months, but tend to come with high minimum transaction amounts.
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Nominate your preferred exchange rate, and the transfer service will make your payment as soon as this rate is available. You may also be able to opt for a limit order. This is ideal if you want today’s competitive exchange rates, but need to transfer funds at a later date, as you can lock-in the current rates for up to 12 months. Options include transferring funds at the current exchange rate, which can be quicker and simpler but may cost more. These services can also offer you more flexibility when it comes to choosing exchange rates. Once you make the payment, the organization will forward it to the recipient’s account. You will need to create an account with the organization and wire money online or over the phone. It may also be more convenient to complete the process online rather than visiting your branch in person. Wire transfers through non-bank transfer services tend to come with lower costs. Fees will vary depending on the bank and the location of the recipient. You can provide the recipient’s details by visiting a branch, calling your bank, or filling out an online form. If you’re sending a wire transfer internationally through your bank, you will need to instruct them where to send payment.