Model Form for
Pre-Payment Disclosures for Remittance Transfers Exchanged into Local
Currency
ABC Company |
1000 XYZ Avenue |
Anytown, Anystate 12345 |
Today’s Date: |
March 3, 2014 |
NOT A RECEIPT |
Transfer Amount: |
$100.00 |
Transfer Fees: |
+$7.00 |
Transfer Taxes: |
+$3.00 |
Total: |
$110.00 |
Exchange Rate: |
US$1.00 = 12.27 MXN |
Transfer Amount: |
1,227.00 MXN |
Other Fees: |
-30.00 MXN |
Total to Recipient: |
1,197.00 MXN |
Recipient may receive less due to fees charged
by the recipient’s bank (Est. 40 MXN).