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Understanding the Table:
The comparison table above helps you see the total cost of your PNC Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Besides the FX rate markup shown in the comparison table, PNC Bank may also charge additional fixed fees for wire transfers depending on several factors, such as the type of transfer, the destination country, and the currency being sent. Here are some general guidelines for wire transfer fees with PNC Bank:
Note that these are the standard fees, and additional fees may apply depending on the specific circumstances of the wire transfer. For example, intermediary banks involved in the transfer may charge their own fees, which can be passed on to the customer.
PNC Bank uses different bank codes depending on the currency and location of the sending bank. Here are some of the most common bank codes used for receiving foreign wire transfers:
SWIFT Code: PNCCUS33: This code is used for receiving wire transfers in U.S. dollars from foreign banks.
ABA Routing Number: 043000096: This code is used for receiving wire transfers in U.S. dollars from banks located within the United States.
CHIPS UID: 0407: This code is used for receiving wire transfers in U.S. dollars from foreign banks that are members of the Clearing House Interbank Payments System (CHIPS).
Fedwire ABA Routing Number: 043000096: This code is used for receiving wire transfers in U.S. dollars from banks located outside of the United States.
It's important to note that specific bank codes may vary depending on the currency and location of the sending bank, and it's recommended to confirm the correct codes with PNC Bank before initiating a wire transfer.
PNC Premier Traveler Visa Signature Credit Card: This card charges no foreign transaction fees, making it a good option for travelers who frequently make purchases in foreign currencies.
PNC Points Visa Credit Card: Similar to the Premier Traveler Visa Signature Credit Card, this card also does not charge foreign transaction fees.
PNC Cash Rewards Visa Credit Card: This card charges a foreign transaction fee of 3% of each transaction in U.S. dollars.
PNC Core Visa Credit Card: Similar to the Cash Rewards Visa Credit Card, this card also charges a foreign transaction fee of 3% of each transaction in U.S. dollars.
It's important to note that credit card terms and conditions can change, so it's always a good idea to check the current fees and policies before applying for or using a credit card for foreign transactions.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
For those planning a one-week mid-range stay in Hong Kong, budgeting is crucial to fully appreciating this vibrant metropolis. A comfortable estimate would be around 8,000 to 12,000 HKD (approximately 1,000 to 1,500 USD). Daily expenses can vary, but here's a breakdown of everyday costs you'll encounter:
In general, Hong Kong leans more towards the expensive side compared to many destinations. While food and public transport are relatively affordable, accommodation can significantly elevate your overall expenses. Compared to the United States, where accommodation can also be pricey in major cities, Hong Kong offers slightly lower expenses on dining out and transport. In contrast, visiting Singapore will generally involve comparable costs in accommodation, though food options may be more affordable due to a larger street food culture.
For expats settling in Hong Kong, the monthly living costs are estimated to start around 15,000 to 25,000 HKD (approximately 2,000 to 3,200 USD) for a comfortable lifestyle, which includes rent, utilities, groceries, and transport. It's important to familiarize yourself with local banking options; major banks like HSBC and Standard Chartered offer comprehensive services, including international wire transfers. When it comes to card usage, credit and debit cards are widely accepted, but having cash on hand is advisable for smaller purchases and markets.
When considering money exchange, it's typically more beneficial to use online transfer services like Wise or OFX for sending or receiving money internationally, as they often provide better rates and lower fees compared to exchanging cash locally. Furthermore, using ATMs for cash withdrawals is generally convenient, though checking with your home bank about international transaction fees is advisable to avoid unexpected charges. With careful planning, expats can navigate the dynamic financial landscape of Hong Kong and enjoy their time in this bustling city.
View a full list of exchange rates by selecting your Base (from) currency:
