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Understanding the Table:
The comparison table above helps you see the total cost of your Regions 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’.
Regions Bank is a financial institution headquartered in Birmingham, Alabama, USA. It provides a range of banking and financial services to individuals, businesses, and commercial clients, including deposit accounts, credit cards, loans, mortgages, and wealth management services.
Regions Bank serves over 5 million customers, including individuals, small businesses, and commercial clients. The bank is known for its focus on community development, and has committed to providing $15 billion in community investments and lending over a five-year period. Additionally, Regions Bank offers a range of foreign exchange (FX) services to help clients manage their international payments and foreign currency transactions.
When you get a quote for your foreign wire transfer from Regions Bank on their website, in-app or in-branch, you should make note of the Regions 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 Regions 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 best USD to LAK exchange rate is 21429.2 from Wise.
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 Laotian kip (LAK) rates from different sources before making a conversion.
The above Regions Bank - Dollar to Kip comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Regions Bank and other foreign exchange providers against the latest USD-LAK mid-rate and the possible savings of using various providers.
Looking at the full USD to LAK - Send Money comparison table the provider with the best USD to LAK exchange rate is Wise at 21429.2.
The next best is WorldRemit at 21051.74.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Regions 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:
