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Get Exchange Calculator Online
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How to fill out the Exchange Calculator Online online
Filling out the Exchange Calculator Online is a straightforward process that requires attention to detail and accuracy. This guide will walk you through each section of the form to ensure your submission is successful.
Follow the steps to complete the Exchange Calculator Online
- Click ‘Get Form’ button to obtain the form and access it in your preferred format.
- Begin by entering your debit account number. You may choose to provide either your TSB Bank account number or your foreign currency account number. Make sure to only complete one of these options.
- Specify the method you would like to receive your receipt confirmation by selecting either 'Email' or 'Post'.
- Fill out your personal details by providing your name (first name(s) and surname) and contact phone number. Indicate whether you are currently overseas by selecting 'Yes' or 'No'. If you select 'Yes', provide your location.
- In section A, Currency Details, authorize TSB Bank to debit your account for the currency you wish to send. Select the currency from the dropdown menu and provide the amount either in figures or in words. Decide if you would like the telegraphic transfer fee to be added to the amount by selecting 'Yes' or 'No'.
- Move on to section B, Beneficiary Bank Details. Enter the destination country, the receiving bank's name and address, and any required codes such as ABA/Routing number, Sort Code, BSB, or SWIFT Code.
- Complete section C, Beneficiary Details, by providing the beneficiary account number or IBAN, the beneficiary's name and address, and any details or messages for the beneficiary. Also, include the reason for the payment, which is mandatory.
- If necessary, fill out section D for Intermediary Bank Details. Provide the intermediary bank's name and address, along with the required codes and the account number.
- Read and acknowledge the terms and conditions in section E. Ensure that you understand the implications and responsibilities associated with your transaction.
- Finally, complete the form by printing and signing it. Ensure that the form is filled out electronically, as handwritten forms will not be accepted.
- Email or fax your completed form to the branch where your accounts are held. Be cautious not to submit your request more than once to avoid duplicate transactions.
Complete your exchange requests online confidently by following this guide.
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To calculate the percentage discrepancy, take the difference between the two exchange rates, and divide it by the market exchange rate: 1.37 - 1.33 = 0.04/1.33 = 0.03. Multiply by 100 to get the percentage markup: 0.03 x 100 = 3%. A markup will also be present if converting U.S. dollars to Canadian dollars.
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