Reply to post: Re: The remaining £93,540.99...

It's not chicken feed: Million-dollar meal deal for livestock sabotaged by hackers... and, er, exchange rates

Jules 1

Re: The remaining £93,540.99...

Bank charges on foreign exchange are never “small” unless the fees have been specifically negotiated in advance. It’s one of the many ways they swindle naive customers. They weigh the exchange rate by up to 10% in their favour and in many cases also add a transaction charge.

Those in the know use currency brokers to get much better rates.

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