BER Rate Checks

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Here at BER we are very keen on promoting Exchange Rate Margin and Fee transparency. Where possible we publish the publicly available bank and fx vendor exchange rates advertised on their publicly accessible websites and any incorrect rates would affect the vendor’s positions in the BER comparison table.

Some customers have been reporting that the exchange rates for International Money Transfers published by their Financial Institutions on their websites are better than those available to their customers via Internet Banking.

So we have started periodic Exchange Rate Accuracy checks which we will publish here.

BER Rate Check – ANZ Bank Checking ANZ Internet Banking IMT fx rates advertised at anz.com) on 28/04/2015 and 4/5/2015 (AUD exchange rates).

We will contact the bank or broker to discover the reason for any inconsistencies and post the responses (if any) along with the results.

Please report any incorrect Bank and FX Vendor Exchange Rates, Margins & Fees as a comment to this post along with the rate available to you via internet banking and we will publish them here.


Further Reading


BER Australian Scholarship 2018 Winner Announced

Xiong Xiao, a PhD candidate currently studying and teaching at the University of Western Australia is awarded BestExchangeRate.com’s first scholarship for foreign students in Australia.

Last update: 1 May, 2019

BestExchangeRates.com Australian Scholarship 2018

BER is a Foreign Exchange comparison website with strong links to and involvement in FinTech Australia. The aim of the platform is to assist individuals and small businesses to navigate the complex, and often perplexing, international money transfer market through an FX calculator, reviews, ratings, comparisons, and news. For 2018, BER has launched a scholarship for […]

Last update: 3 May, 2019

Scholarships to Study in Australia

The Australian government offers a broad range of scholarships and fellowships for international students to study in Australia.

Last update: 3 May, 2019


Posted to: News Reviews


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