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FX Conversion and Remittance Documents

Written by Global Immigrate consultants · Reviewed by Oscar Yip, Founder & Managing Director

Summary

Keep every bank slip from source account to receiving account.

Short answer: from local currency to FX to the destination account, keep bank slips/wire advices at every step. Explain intermediary fees and FX differences.

FAQ

FX brokers OK?

Use compliant channels and keep full records.

Amounts do not match?

Explain fees and FX spreads.

Multiple wires?

Include each in the timeline.

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