What do transparency and FX pricing have in common? How can FXFix save you money? Need to benchmark an FX quote?
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Foreign Exchange
FXFix is a program that offers fixed mark-up pricing on foreign exchange. Mark-ups are lean and decrease with transaction size:
| Transaction Size |
Mark-Up |
| $100,000 to $249,999 |
Bank Wholesale Spot plus 25bps |
| $250,000 to $499,999 |
Bank Wholesale Spot plus 20bps |
| $500,000 to $749,999 |
Bank Wholesale Spot plus 15bps |
| $750,000 to $999,999 |
Bank Wholesale Spot plus 10bps |
| $1,000,000 and up |
Bank Wholesale Spot plus 5bps |
FXFix is the only foreign exchange program with transparent pricing. In addition:
- FXFix is offered through Laurentian bank, a Canadian Schedule A Bank, not an intermediary. There are no settlement issues or security concerns to worry about.
- With FXFix you deal directly with Laurentian’s FX trading desk, not a dealer or a commercial banking center.
- FXFix has no hidden service fees or wire transfer charges to claw back FX savings.
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