Changes to your Foreign Exchange pricing
We are making some important changes to FX pricing; this is following a review of our current FX price plans. As you may be aware, for certain currencies in which you make and receive payments, the margin is fixed at 2% rather than following an agreed price plan structure. This is due to the volatility or the lack of liquidity in these currencies. We are making changes to a currency where the margin applied will change from an agreed price plan structure to 2%, regardless of the size of the payment.
The currency we will be changing is as follows:
ISO 4217
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Currency
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Current Margin
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New Margin
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Effective date
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GHS
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Ghanaian Cedi
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As per Plan
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2%
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01/12/2023
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The currency list is also available via:
FX Currency List PDF
We will continue to review the currency list on a regular basis and any changes will be published prior to coming into effect.