Are there any additional fee's to lock in a future rate?

While there are no additional fee's to use this service, there will be some increase in the rate for the currency conversion. These rates will always be significantly cheaper than the volatility risk (the increse or decrease in the rate) for the same period of time and myCaribou clearly showcases the rate and how it compares to the current spot rate for the day. If you would like to review our live spot rates or future rates and how they compare to past volatility, please see our rate calculator here.