Incoming wire transfers received in a foreign currency for payment into your account will be converted into U.S. Q: What is 50 Canadian Dollars in Rupees A: 50 Canadian Dollars buys 3040.25 Rupees at interbank exchange rates. We may refuse to process any request for a foreign exchange transaction. A: One Canadian Dollar is worth 60.805 Rupees today Q: Is the Canadian Dollar going up or down against the Rupee A: Todays exchange rate (60.805) is lower compared to yesterdays rate (60.9294). Wells Fargo is your arms-length counterparty on foreign exchange transactions. Foreign exchange markets are dynamic and rates fluctuate over time based on market conditions, liquidity, and risks. Different customers may receive different rates for transactions that are the same or similar, and the applicable exchange rate may be different for foreign currency cash, drafts, checks, or wire transfers. The exchange rate Wells Fargo provides to you may be different from exchange rates you see elsewhere. The applicable exchange rate does not include, and is separate from, any applicable fees. The markup is designed to compensate us for several considerations including, without limitation, costs incurred, market risks, and our desired return.
The exchange rate used when Wells Fargo converts one currency to another is set at our sole discretion, and it includes a markup. In addition to any applicable fees, Wells Fargo makes money when we convert one currency to another currency for you.
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