Foreign currency exchange. Better to change at bank or smaller exchange shops?
Jumpy asked:
I would like to chance Australian dollars into Japanese yen. I’m in Melbourne right now and I’m thinking I will get better rates if I exchange here than in Japan. In general do banks give better rates in Australia?
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I would like to chance Australian dollars into Japanese yen. I’m in Melbourne right now and I’m thinking I will get better rates if I exchange here than in Japan. In general do banks give better rates in Australia?
October 28th, 2009 at 3:48 pm
I am guessing the banks will have less of a tendencty to screw you over, but I suggest starting a bank account there if you can, and then doing a funds transfer as it cuts out exchange rates. fallenangel
October 31st, 2009 at 4:23 am
Banks always give the best exchange rates. Adam
November 1st, 2009 at 1:10 pm
I don’t know about Australia but in the US you’ll get a MUCH better rate by exchanging in Japan. Al