What is the conversion rate for my transactions if the currency of source differs from the currency of destination?
If you send Bank wire deposit to our Bank account, which is not in the same currency as your side, the bank will apply currency exchange fee itself, and we will credit your MT/Admirals Wallet with the exact amount we received in our bank for your transaction.
If you do a transaction from your card or e-wallet, the exchange rate used by card networks/or the payment providers is typically close to the interbank market rate, which banks use when trading currencies with each other. However, the rate applied to card transactions /payment providers usually includes a markup.
What is the conversion rate if I make a currency exchange inside my Admirals Wallet?
In the Dashboard, you can exchange the available funds in your wallet from one currency to another.
The rates used for these currency exchanges are sourced from our providers, who determine the rates based on market conditions, including any applicable fees or markups. To ensure transparency, all rates applied for currency exchanges are clearly displayed in the Dashboard before the transaction is confirmed, allowing you to review them and decide if your wish to proceed with the offered exchange rate or not.
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