Bank of Baroda FX Retail for IBKR: From a ₹0.10 Per USD Markup to an Additional Foreign Bank Charge
The full record of onboarding Bank of Baroda as a second FX Retail relationship bank — a cold email to treasury, branch paperwork, a USD 100 test remittance, the real 2-day transfer and SWIFT message quirks that followed, and a structural Foreign Bank Charge that narrows its cost advantage.