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Understanding the Table:
The comparison table above helps you see the total cost of your Fifth Third Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Fifth Third Bank is a financial institution based in Cincinnati, Ohio, USA. The bank provides a wide range of financial services to individuals, businesses, and commercial clients, including deposit accounts, loans, mortgages, credit cards, and wealth management services.
The bank serves over 10 million customers, including individuals, small businesses, and commercial clients. It also offers a range of foreign exchange (FX) wire services to help clients manage their international payments and foreign currency transactions.
When you get a quote for your foreign wire transfer from Fifth Third Bank on their website, in-app or in-branch, you should make note of the Fifth Third Bank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.
Our research shows that on average, the Fifth Third Bank exchange rate markup for foreign wires is somewhere between 3 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks in the USA charge this type of markup, we make it easy to see how much you can save by using a global money transfer specialist.
The Fifth Third Bank USD to BDT exchange rate is 109.91. This is -9.6% compared to the latest USD-BDT mid-market rate 121.58.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Bangladeshi taka (BDT) rates from different sources before making a conversion.
The above Fifth Third Bank - Dollar to Taka comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Fifth Third Bank and other foreign exchange providers against the latest USD-BDT mid-rate and the possible savings of using various providers.
Looking at the full USD to BDT - Send Money comparison table the provider with the best USD to BDT exchange rate is XE at 120.85, -0.6% from the latest mid-market rate 121.58.
The next best is Wise at 120.79, -0.65% from the mid-rate.
Then Western Union at 119.64, which is -1.6% from the mid-rate.
Among the banks the Chase Bank rate is 110.64 at -9% the Wells Fargo Bank rate is 109.91 at -9.6% and the Citibank rate is 115.5 at -5% compared to the mid-rate 121.58.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Fifth Third Bank 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 or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
