Review your credit card fee policies before traveling outside the U.S. to avoid surprise costs. If needed, apply for a credit card without travel-related surcharges and fees. To avoid high conversion ...

Reserve Bank of India proposes new rules for transparent foreign exchange transactions, requiring banks to disclose all fees upfront for retail customers.

This happens largely due to hidden charges and a lack of transparency in the process. Whether it’s for education fees, living expenses, travel payments, or overseas investment, the actual cost usually ...

Effective Dec 29, banks must request evidence of sales abroad for every foreign currency transaction relating to gold, ...

The Australian digital dollar was used in a trade for a United States dollar stablecoin using an Ethereum layer-2 blockchain. Australia has successfully made its first foreign exchange transaction ...

THE Bank of Thailand has instructed commercial banks and state-owned financial institutions to declare foreign currency transactions of $200,000 and above to help it manage the baht’s persistent ...

A six-week pilot project to evaluate whether central bank digital currencies (CBDC) would be useful for foreign exchange transfers successfully had 20 different commercial banks conduct over 160 ...