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Foreign transfer rate comparison
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Compare foreign transfer rates offered by various fintechs. The higher amount received on the other end, the better.
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Rates vary all the time. Factors include, but not limited to:
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1.The fintech/company itself
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Date and time of day, e.g. business hours tend to be cheaper.
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3.Currency being exchanged
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4.Promotions
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5.Global market price
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Use this sheet everytime you'd like to make a transfer to overseas, to help you decide which service you'd like to opt for.
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Disclaimer: the sheet owner is not affliated to any listed service here.
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Credits: https://forum.lowyat.net/topic/4857608
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How to use this template
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#ActionStepsReference
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1.Start your own spreadsheetFile > Make a copy
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2.Start a new comparison sheetTEMPLATE sheet > New snapshot macro button. Let the script run:
Duplicates and renames the template for a new sheet > Saves the current exchange rate > Move to after Changelog sheet.
Sheet in YYYYMMDD format
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3.Change sending currencyModify cell A7 to fill in the 3-letter currency code based on ISO 4217 format.https://www.xe.com/iso4217.php
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4.Change receiving currencyModify cell A11 to fill in the 3-letter currency code based on ISO 4217 format.https://www.xe.com/iso4217.php
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5.CompareClear and fill each row after "via", at the RECEIVE section, by following the rates offered in their website/app.
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6.Add new competitorIn the same sheet > Add row macro button. Let the script run:
Add a new row > adjust existing formulas and conditional formattings to take account of the new row.
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7.Adjust the macrosTools > Script editor. Adjust at your own risk. The macros currently support the format as per TEMPLATE. Additional columns/rows may break them.
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