COMERICA BANK USD EXCHANGE RATES – SEND MONEY ABROAD
Compare Comerica Bank currency transfer options to/from the United States. You can beat Comerica Bank exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Comerica Bank | USD to GBP | USD to EUR | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.789 to £0.792 | €0.922 to €0.926 |  |  | |
| TorFX | £0.791 | €0.925 |  | | |
| Wise | £0.791 to £0.792 | €0.926 to €0.927 |  | | |
| Comerica Bank | £0.758 | €0.886 | |  |  |
About TrustScores: A TrustScore is calculated on a scale from 1 to 5 and is the overall measurement of reviewer satisfaction, based on all reviews the business receives via Trustpilot’s website.
About transaction fees: The transaction (or service) fee that banks and providers charge is made up of a fixed fee which varies, depending on where you are sending the money and which currencies apply to the transaction.
About money transfer providers: Unlike banks, money transfer companies offer the very best exchange rates and by keeping their margin rates low, they beat the banks by several percentage points.
About exchange rates: Money transfer exchange rates are calculated and updated weekdays, hourly 08:00 – 16:00. The exchange rates provided are indicative only and several factors may contribute to the final rate, including market conditions, transfer amount and the mode of transfer (online or via phone/email).
Comerica Bank International Money Transfers
International currency transfers to or from your Comerica bank account in US dollars, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 4.9% and additional bank transaction or commission fees may apply.
Comerica international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Comerica Bank
Sending foreign currency to or from your Comerica Bank account in the USA needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of $100,000 US dollars (USD) using Comerica Bank services would have a transaction exchange rate margin of around 4.9% – or $4,900 USD. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only $700 USD in total, which is a large saving over the bank service.
Comerica Bank – Other Useful Information
International money transfers from Comerica Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Comerica Bank account holder to use their services. Comerica Bank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of $5000.
Unless you pay a premium, Comerica Bank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Comerica Bank, USA – About
Comerica Bank is a US public bank that was initially created in 1849. Comerica is based in Texas although it also has a significant presence in Arizona, California, Florida and Michigan. Comerica Bank has banking branches in some other US states as well plus branches in Canada and Mexico. The bank has over 450 branches in total, serving both personal and business customers.
Comerica Bank branch finder
Find Comerica Bank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Comerica Bank branches in your search area results.
Contact Comerica Bank from abroad
You can find answers to everyday banking questions at Comerica online. If you can’t find the answer you’re looking for, you can call them from outside the United States on +1 734-632-5181
Comerica Bank – Head office address
Comerica Bank – 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705, United States
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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