Dukascopy Bank SA has announced an adjustment of the transfer fees for its trading products.
"As part of its efforts to increase client value and satisfaction, Dukascopy is reducing withdrawal fees in the two most popular currencies: euros and US dollars," said Dukascopy Bank SA.
According to Dukascopy Bank SA, the new withdrawal fees for trading products will be as follows:
Old fees - 3.5 EUR SEPA or 20 EUR without SEPA, new fees - 2.3 EUR SEPA or 20 EUR without SEPA
Old fees - 50 USD, new fees - 19 USD SHA* / 35 USD OUR**.
Old fees - 15 GBP, new fees - 10 GBP SHA / 15 GBP OUR
Old fees - 30 SGD, new fees - 20 SGD SHA / 30 SGD OUR
Old fees - 70 ILS, new fees - 45 ILS SHA / 70 ILS OUR
Old fees - 80 PLN, new fees - 60 PLN SHA / 80 PLN OUR
Old fees - 180 HKD, new fees - 100 HKD SHA / 180 HKD OUR
A detailed list of fees and other available currencies can be found on the company's official website.
* SHA fee means that the sender pays only the Dukascopy Bank fee, and the recipient can receive the transfer amount minus the fees of the recipient's correspondent bank.
** OUR fee means that the sender pays all fees and the recipient (in most cases) receives the exact amount of the transfer.
The company draws attention to the fact that the new fees are intended only for clients of Dukascopy Bank SA, as other fees apply to other Dukascopy organizations.
"As part of our efforts, the withdrawal fees for the two most popular currencies – Euros and US dollars – have been reduced. In addition, we have introduced SHA fees for USD, GBP, SGD, ILS, PLN, and HKD currencies to give our clients more choice and flexibility. These improvements allow Dukascopy clients to choose the most suitable option for their needs," emphasizes Dukascopy Bank SA.
Earlier, Dukascopy Bank reduced the weekend margin requirements that apply on Fridays for all clients with JForex trading accounts.
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