Build a optimization model to find lowest transaction fees in order to transfer funds from foreign countries to Canada.

 

BRL (Brazil, Real) EUR (Spain, Euro) ILS (Israel, Shekel) MXN (Mexico, Peso) NOK (Norway, Krone) SEK (Sweden, Krona) USD (USA, Dollar) CAD (Canada, Dollar) Table 1 MONEY TRANSFER CHARGES - IN% OF AMOUNT BRL (Brazil, Real) EUR (Spain, Euro) ILS (Israel, Shekel) MXN (Mexico, Peso) NOK (Norway, Krone) SEK (Sweden, Krona) USD (USA, Dollar) CAD (Canada, Dollar) BRL 3.00% 0.50% 0.40% 0.40% 1.50% 0.25% 0.50% BRL 974 903 990 EUR 956 878 997 971 0.50% 0.70% 0.50% 0.30% 0.45% 0.75% 0.75% EUR 922 1,022 958 879 1,004 ILS 914 922 0.50% 4.20% 0.15% 0.10% 0.40% 0.45% 0.50% ILS Table 2 TOTAL MONTHLY MONEY TRANSFER LIMITS - IN CAD EQUIVALENCE (IN $1,000) 947 948 1,000 1,017 883 966 895 MXN 0.40% 3.00% 0.70% BRL (Brazil, Real) EUR (Spain, Euro) ILS (Israel, Shekel) MXN (Mexico, Peso) NOK (Norway, Krone) SEK (Sweden, Krona) USD (USA, Dollar) 0.05% 0.10% 0.10% 0.10% MXN 896 895 995 sssss 951 969 978 957 $ $ $ $ is s 790 895 $ 975 $ 990 885 930 NOK 0.40% 1.80% 0.75% 0.05% $ 850 0.20% 0.10% 0.10% NOK 940 909 971 942 SEK 976 1,015 962 0.40% 1.80% 0.40% 0.10% 0.20% 0.05% 0.50% Table 3 AMOUNT OF FUNDS AVAILABLE IN FOREIGN ACCOUNTS - IN CAD EQUIVALENCE (IN $1,000) SEK 1,013 1,004 880 893 896 USD 878 918 0.25% 4.50% 0.45% 0.10% 0.10% 0.05% 0.50% USD 890 1,013 929 909 938 925 959 CAD 0.85% 3.50% 0.65% 0.70% 0.75% 2.50% 0.50% CAD 888 850 995 882 947 997 885