From an international funds transfer yesterday.
Through NAB the conversion AUD to CAD = 0.899
**promotion blocked** quoted exchange rate at the time: AUD/CAD = 0.940671
Margin = 0.041671
so for $200 the margin cost is $8.33
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WESTERN UNIONWestern Union conversion AUD to CAD = 0.94
**promotion blocked** quoted exchange rate at the time: AUD/CAD = 0.940204
Margin = 0.000204
so for $200 the margin cost is $0.04
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OUCH!!!!
So the question is: Why is NAB so expensive?
Do they expect the client to not bother to check the reported exchange rates?
From an international funds transfer yesterday.Through NAB the...
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Last
$42.59 |
Change
-0.350(0.82%) |
Mkt cap ! $130.2B | |||
| Open | High | Low | Value | Volume |
| $42.70 | $42.79 | $42.32 | $68.67M | 1.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3936 | $42.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.60 | 18 | 2 |
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| Last trade - 12.22pm 29/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |