Dunbridge has partnered with CurrencyCloud
Dunbridge Financial has partnered with Currencycloud, a leading provider of global payments and currency conversion technology, to power its online trading platform and mobile applications. Currencycloud’s technology provides Dunbridge Financial with access to a global network of banks and payment providers, enabling the company to offer its clients competitive exchange rates and fast, secure international money transfers.
The platform’s advanced features and tools, such as real-time rate quotes, automated payments, and customizable reports, make it easier for Dunbridge Financial clients to manage their FX transactions and mitigate currency-related risks.
Currencycloud’s technology is also designed to ensure compliance with regulatory requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, giving clients added peace of mind. By leveraging Currencycloud’s technology, Dunbridge Financial is able to provide its clients with reliable, efficient, and innovative FX solutions that meet their individual needs and preferences.
What is the
Dunbridge Business Send Money conversion rate for USD to CNY?
The Dunbridge USD to CNY business exchange rate is 7.1034. This is -0.85% compared to the latest USD-CNY mid-market rate 7.1643.
As Business exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above
Dunbridge - Business Dollar to Yuan comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Dunbridge and other foreign exchange providers against the latest USD-CNY mid-rate and the possible savings of using various providers.
How do Dunbridge USD-CNY rates compare between providers?
Looking at the full
USD to CNY - Send Money comparison table the provider with the best Business USD to CNY exchange rate is Wise at 7.1177, -0.65% from the latest mid-market rate 7.1643.
The next best is Western Union at 7.0497, -1.6% from the mid-rate.
Then WorldRemit at 6.9924, which is -2.4% from the mid-rate.
Among the banks the Chase Bank rate is 6.534 at -8.8% the Wells Fargo Bank rate is 6.491 at -9.4% and the Citibank rate is 6.8205 at -4.8% compared to the mid-rate 7.1643.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like Dunbridge or platforms that offer rates closer to the mid-market rate.