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When I wire money in or out of the country does the exchange rate occur at the SCCCU or at the corresponding financial institution?

April 26, 2017country exchange rate financial institution money occur scccu wire

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When I wire money in or out of the country does the exchange rate occur at the SCCCU or at the corresponding financial institution?

1 Answer

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10 Posted

The exchange rate may be calculated by the corresponding U.S. financial institution or by the foreign bank.