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> Does Bank of America do exchange currency?
post Oct 10, 2008 - 8:50 PM
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mrgrape

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k so i have about 1,300,00 in yen which is about 1.3grand in USD
Usually when i exchange currency i get charged a lot and makes me sad.
i was wondering if banks like bank of america do currency exchange without charging service?
also if not, what is the best place to go?
thanks

but then again right now the 100yen=1dollar which is very good
let me know
 
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post Oct 10, 2008 - 9:43 PM
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Galcobar

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Nobody does currency exhanges without some form of charge. Either they sneak it in your overall account fee, or they'll do the exchange a rate which favours them.

However, if you're already paying that account fee, doing the exchange won't cost you more. Guaranteed, banks, particularly if you're a member, cost less than a commercial exchange.
post Oct 10, 2008 - 11:31 PM
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mrgrape

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QUOTE (Galcobar @ Oct 11, 2008 - 2:43 AM) *
Nobody does currency exhanges without some form of charge. Either they sneak it in your overall account fee, or they'll do the exchange a rate which favours them.

However, if you're already paying that account fee, doing the exchange won't cost you more. Guaranteed, banks, particularly if you're a member, cost less than a commercial exchange.

okay thanks man, ill have to check with bank of america i guess.
or i might wait until the yen gets stronger
thanks

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