I did not like this bank's Forex services

I opted for Banco Santander for its foreign exchange (Forex) services 2 years ago when the rate of exchange percentage was as low as 4.36% and I could easily convert my dollars to euros at a very low CETES fees and could buy a dollar at $18.56 and sell at $19.35 which was convenient for me and overall it cost me around $100 for any international funds transfer. But now, the rate of exchange has increased exponentially to 7.30% in TIIE per month, and 6.95% in CETES and 6.46% in IDU per month. Now my overall processing cost for an international funds transfer costs me around 250 US Dollars. This is a blatant increase as I have to cut costs on a lot of personal levels while transferring funds. It’s costing me more than I thought it would. Undermining foreign exchange services.

Comment on this review

Recent Reviews

Daniel Nathan

BNP Paribas

Hi! I am a personal account holder of BNP Paribas, 83 Avenue Jean Jaurès. And I have to say, the ba

Read More

Charlie Jardine

JP Morgan Chase Bank

I am an old customer of the JP Morgan Chase Bank. I have been maintaining my savings account with th

Read More

Ryan Pace

Westpac Bank

Westpac Bank in level 16, corner of Hunter and Philip Street, Sydney, NSW Australia, is not up to t

Read More