![]() For your protection, Zelle ® should only be used for sending money to friends, family, or others you trust. Transactions between enrolled users typically occur in minutes. checking or savings account required to use Zelle ®. We may refuse to process any request for a foreign exchange transaction.Įnrollment with Zelle ® through Wells Fargo Online ® or Wells Fargo Business Online ® is required. We're your arms-length counterparty on foreign exchange transactions. Foreign exchange markets are dynamic and rates fluctuate over time based on market conditions, liquidity, and risks. Different customers may receive different rates for transactions that are the same or similar, and the applicable exchange rate may be different for foreign currency cash, drafts, checks, or wire transfers. The exchange rate we provide to you may be different from exchange rates you see elsewhere. The applicable exchange rate does not include, and is separate from, any applicable fees listed in the Consumer Schedule. The markup is designed to compensate us for several considerations including, without limitation, costs incurred, market risks, and our desired return. The exchange rate used when we convert one currency to another is set at our sole discretion, and it includes a markup. ![]() In addition to any applicable fees, we make money when we convert one currency to another currency for you. It does not apply to foreign currency drafts, checks, or wire transfers. This benefit applies only to foreign currency cash. You'll also receive the benefit when you purchase or sell foreign currency at a Wells Fargo branch. The benefit applies to the exchange rate for foreign currency purchases, when you purchase foreign currency through the Wells Fargo Foreign Currency call center, online at, or through a Wells Fargo branch. If the surety bond is not provided, the waiting period applies. Surety bonds are subject to the insurance carrier's underwriting requirements before issuance. The cost of a surety bond varies depending on the amount of the bond and the insurer used. This can be purchased through Wells Fargo's approved insurance carrier or through an insurance carrier of the customer's choice. The waiting period can be avoided with the purchase of an acceptable surety bond. In addition, for cashier's checks over $1,000.00, the waiting period before the stop payment and reissuance of an outstanding cashier's check may be processed is 90 days (30 days in the state of Wisconsin and 91 days in the state of New York). As a condition of stop payment and reissuance, Wells Fargo Bank will require an indemnity agreement. A stop payment and reissuance can only be completed within a branch location. If the cashier's check is lost, stolen, or destroyed, you may request a stop payment and reissuance. ![]() ![]() Outstanding Cashier's checks are subject to state or territorial unclaimed property laws. We may refuse to process any request for a foreign exchange transaction. ![]() The applicable exchange rate does not include, and is separate from, any applicable fees. ![]()
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