RePEcTrading, Microstructure & Execution
How Costly Are Cross-Border Payments for Firms?
Analysis of quoted prices reveals that banks charge firms 2-3.5% for cross-border payments, with foreign exchange margins dominating costs and substantial price dispersion across banks for identical corridors.
Featured in No. 138 on 6 Nov 2026 · 4 days after release

- Released
- 2 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:bca:bocsap:26-49
- Authors
- Jiaqi Li
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).