Hence, a company with a monthly FX volume of EUR 50,000 can already save more than EUR 4,000 per year.Īdditionally, you can create transparency and, most probably, save some money by following three simple steps: SMEs that regularly exchange foreign currencies can save with amnis often more than 0.7% of the total EUR amount exchanged. If your bank is not included in the foreign exchange comparison you can get in touch with us – we are happy to compare exchange rates for you and provide you with a non-binding comparison quote: It should be noted that special attention is required for other currency pairs, like EUR/CNY, since the bank’s margins may vary for each currency pair and additional mark-ups are not uncommon. Moreover, all foreign currency accounts are included in the amnis starter package and available free of charge. With our “Essential” or “Professional” plans, the fee is 0.3% and 0.2% respectively. The solution is therefore already worthwhile for low annual volumes. The highest fee of amnis, on the other hand, is 0.40%. The analysis shows that Dutch banks charge between 0.83 and 1.40 percent for currency exchange. The chart below shows the foreign exchange comparison results and lists the fees included in the rates for a EUR/USD currency exchange: In some cases, Dutch banks charge 3 times more than amnis. amnis is committed to transparent conditions and, thus, we regularly compare exchange rates by analyzing the fees included in banks’ foreign exchange rates. Small and medium-sized companies (SMEs) are often unaware that high exchange rate mark-ups are hidden in the standard industry exchange rates. Foreign exchange comparison: Dutch banks charge on average 1.13% for currency exchange
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