Thread: Bank Exchange Rate Rip-Off

For my recent Europe trip, for all the big $ bills, I got their bank account details and used TorFX to do direct deposits to their account in EUROs or whatever the local currency was.

The banks rates are a scam ... pays to shop around. I'm not surprised by your $14k saving. I'd be interested to see what rate you got compared with a broker like TorFX.

Bit like the Brit's who used to get up to 1.4 Euros for their pound, but since Brexit now get as little as 0.8, I read.