Why is
it less money when you change foreign money in the bank?
I wanted to change some swiss francs to british pounds. i checked on internet first, then went to the bank, and i got about 40 pound less than i thought. can anyone tell me why this is? thanks
Answer
Two things you must understand that the bank will always do.first, the number of people banks hire are staggering therefore their services always cost you - the customer - money.secondly, banks always do business, whether it involves huge deals or small deals such as foreign money exchange. they will always earn and pay themselves first.
