Trinity Western University determines the US Exchange Rate of the day as follows:
- Daily at 8:00AM the TWU Financial Services Department accesses the HSBC "Foreign Exchange Rates for Buying and Selling" website.
You can view these rates at http://www.hsbc.ca/1/2/personal/banking/accounts/foreign-currency-accounts/foreign-currency-exchange
US Exchange rates can fluctuate several times a day. It is university policy to check the exchange rate once a day and if the exchange rate fluctuates up or down by greater than .01 the Finance Office adjusts the rate to reflect the change.
To ensure your payment is the correct amount, payments can be made through Flywire. The currency exchange is processed by Flywire who offer wholesale exchange rates, unmatched by traditional banks and eliminate hidden bank fees.