Quote:
Originally Posted by Rhesus
No, because there's a 10-15% difference between buy and sell rates for spot cash exchange that's deemed acceptable. It won't be more than some 1% for giral transactions such as a foreign ATM withdrawal. I never really understand how bureaux de change can still be in business in this age...
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You must be speaking about the UK specifically, as I find private exchange places even more competitive than the banks and usually get better rates for the local currency in the country I am visiting overall then my country's bank.