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
$42.94 |
Change
0.990(2.36%) |
Mkt cap ! $131.5B | |||
| Open | High | Low | Value | Volume |
| $42.45 | $42.94 | $42.20 | $130.8M | 3.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 835 | $42.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.95 | 10724 | 10 |
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| Last trade - 16.18pm 28/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |