Fees & Commissions
Here you will find clear details on how our fees and commissions work. We want to be fully open and fair.
1. Exchange Rates & Mark‑up
- We use competitive spot rates derived from major interbank sources.
- We add a small mark‑up to each rate.
- This mark‑up varies by currency and amount, ensuring we serve large transfers efficiently.
2. Commission
- A fixed commission may apply to certain services.
- This is charged per transaction or per transfer, depending on your agreement.
- Corporate or high‑volume transfers may qualify for lower commission.
3. No Hidden Fees
- We do not charge fees for:
- Account setup
- Inactivity
- Receiving payments
- Also, there are no surprise fees. All rates and charges are shown clearly before you confirm.
4. Deposit & Withdrawal Costs
- Standard bank transfers incur no charge from us.
- You are responsible for your bank’s outgoing costs, if any.
- We send funds via secure wire transfer with no additional Cambridge Currencies fee.
5. Refunds & Cancellations
- If you cancel a pending transfer, a small administrative fee may apply.
- This fee is clearly shown before you confirm a transfer.
6. VAT and Taxes
- All fees are exclusive of VAT, where relevant.
- VAT does not apply to most international services, you may owe local taxes.
- We do not add any extra charges for this.
7. Volume‑Based Reductions
- For ongoing clients or large transfers, volume‑based discounts are available.
- Please ask your account manager for tiered rate details.
Summary Table
| Service | Fee Description |
|---|---|
| Mark‑up on exchange rate | Variable, depending on currencies and volume |
| Commission | Fixed per transfer, varies by service type |
| Deposit / withdrawal | No fee from Cambridge Currencies |
| Inactivity / account maintenance | No fee |
| Cancellation / refund | Small admin fee if applicable |
| VAT / taxes | Not added, but local taxes may apply |
| Volume discounts | Available for large or regular transactions |
Why Choose Us?
- Our rates are fully transparent and shown up front.
- You have full control over all costs before you proceed.
- We support businesses with high‑volume transfers.
- You benefit from efficient, reliable service.