##Chase Bank FX at a glance
Chase Bank, the consumer banking subsidiary of JPMorgan Chase, is headquartered in New York and is one of the Big Four banks in the United States.
Chase has nearly 5,000 branches in the US as well as 16,000 ATMs and operates in 100 countries. Half of all households in the United States are Chase customers.
###How do Chase transfer exchange rates compare?
Sending or receiving international transfers to or from your Chase bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
Chase Bank offers several products that may charge these foreign exchange fees, including:
- Wire transfers: If you send or receive a wire transfer in a foreign currency, you may be charged a foreign exchange fee in addition to the wire transfer fee.
- Chase Bank Accounts: If you have a Chase Bank account and make transactions in a foreign currency, you will be charged a foreign exchange fee.
- Chase Private Client: Depending on your account type and level of service, you may be charged foreign exchange fees for certain transactions.
- Foreign currency exchange services: If you exchange foreign currency in person at a Chase branch, you will be charged a fee in addition to the exchange rate.
When sending money abroad, Chase Bank allows you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.