From an international funds transfer yesterday.
Through NAB the conversion AUD to CAD = 0.899
Kitco 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
Kitco 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?
Gouging prices
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Last
$39.51 |
Change
0.190(0.48%) |
Mkt cap ! $121.6B | |||
| Open | High | Low | Value | Volume |
| $39.48 | $39.77 | $39.34 | $146.4M | 3.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131965 | $39.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.51 | 1809 | 1 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |
