ndub36 Posted February 10, 2010 Report Share Posted February 10, 2010 Here is the way it works.........the banks capital one, whitney these are the ones i know about) will charge a small amount $10 or so.....but when they call the exchange persons for the rate, that is where they get you it wont be the same as forex it will be less so call all banks and ask what the exchange rate is from who they exchange it from to get the best possible rate.....jmo Link to comment Share on other sites More sharing options...
TexaSwa Posted February 10, 2010 Report Share Posted February 10, 2010 What do you base that opinion on?Thanks. Link to comment Share on other sites More sharing options...
pokerplayer Posted February 10, 2010 Report Share Posted February 10, 2010 What do you base that opinion on?Thanks.He/she is absolutly correct. This is how all banks operate to make profit. However, depending on how much you are depositing and into what type of term account, banks will neg. the spread with you. poker Link to comment Share on other sites More sharing options...
ndub36 Posted February 11, 2010 Author Report Share Posted February 11, 2010 that is what the bank has told me Link to comment Share on other sites More sharing options...
tintnit Posted February 11, 2010 Report Share Posted February 11, 2010 i checked with wells fargo to see what buy and sell rates were for kuwait dinar 3.89 is what they sell it for and 3.13 is what they ebuy it from you for which is about 20% Link to comment Share on other sites More sharing options...
jimanita Posted February 11, 2010 Report Share Posted February 11, 2010 any where you travel and exchange money thats how it works thats why you ALWAYS shop around for better rates ... Link to comment Share on other sites More sharing options...
Joyce Bygall Posted February 11, 2010 Report Share Posted February 11, 2010 Thanks to all of you for this very helpful info. I have written it all down and filed it. GO RV!!!! Link to comment Share on other sites More sharing options...
K8GJGB Posted February 11, 2010 Report Share Posted February 11, 2010 I am from South West Louisiana can you tell me what town banks you checked Link to comment Share on other sites More sharing options...
ndub36 Posted February 11, 2010 Author Report Share Posted February 11, 2010 I am from South West Louisiana can you tell me what town banks you checked[/quoteCapital One and Whitney here in lake charles Link to comment Share on other sites More sharing options...
butterfly_ Posted February 11, 2010 Report Share Posted February 11, 2010 Thank you all for the great info, will be sure to carefully check each bank...as Joyce Bygall stated GO RV!!!! Link to comment Share on other sites More sharing options...
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