The applicable foreign exchange (FX) rate is displayed at the top of each screen and is shown as an AUD to USD rate. When using the funds transfer screen, the rate applicable to your transaction is also displayed and will align with the rate shown at the top of the screen.
Bell Direct applies a foreign exchange margin of 60 basis points to FX transactions. For example, where $10,000 AUD is converted to USD, the applicable margin is USD 60. The same margin applies when transferring the equivalent of $10,000 AUD from USD back to AUD. This margin is considered highly competitive when compared with similar brokerage services.