---
title: How Costly Are Cross-Border Payments for Firms?
url: https://www.ml-quant.com/papers/repec/bca-bocsap-26-49/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-11-06
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:bca:bocsap:26-49
source_url: https://econpapers.repec.org/RePEc:bca:bocsap:26-49
featured: 2026-11-06
citations: unknown
topic: Trading, 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.

- Source: https://econpapers.repec.org/RePEc:bca:bocsap:26-49
- Identifier: RePEc:bca:bocsap:26-49
- Released: 2026-11-02
- First featured: Quant Letter No. 138 (2026-11-06): https://www.ml-quant.com/issues/2026-11-06/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution
- Authors: Jiaqi Li

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