KNOWLEDGE BASE

Is there a fee to order foreign currency?

There is a $10 exchange fee for transactions equal to or less than $300 U.S. dollars. That fee will be waived for transactions greater than $300 U.S. dollars.

More information

Foreign exchange transactions occur when converting U.S. Dollars into a foreign currency, or vice versa. U.S. Bank determines in its discretion the applicable currency exchange rate it assigns to your foreign exchange transaction. We consider many factors in determining currency exchange rates, including our desired rate of return, risks taken, costs involved and services provided.

Our currency exchange rates are different from rates (1) offered or reported by third parties; (2) offered by us at a different time, at a different location, to different customers or for a different transaction amount; or (3) relating to different payment channels, media or products (such as bank notes, checks and wire transfers). The customer (and not U.S. Bank) is solely responsible for any liability or loss incurred relating to foreign exchange pricing fluctuation.