Commerzbank determines foreign exchange rates in Germany ongoing from 02.00 to 19.00 local time on every bank business day in Frankfurt, based on Commerzbank's own current foreign exchange market quotations. Commerzbank uses these determined exchange rates for the purpose of settling its clients' foreign exchange transactions, at the prevailing bid or offered rate (the bank's purchasing or selling price), unless an individual foreign exchange trade has been entered into. These exchange rates will not be updated during the course of the day.
After entering a FX transaction reference which could be found on the FX transaction statement and begins with abbreviation AZ, related settlement rate and mid rate will be displayed.
If an individual FX margin is missing, the following FX margins (click to open PDF) will be applied.