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Banks that offer low spread exchanges?
What are some banks that offer low spreads when trading foreign currencies? For example when traveling to India from the United States, where can I get a low commission exchange on these currencies? Would it be best to exchange at a dealer at the airport or is there a way to get a better deal when changing currencies? Thanks.
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Well one of the more convenient ways to get fx is at the airport. You might be able to exchange at a low rate at a bank. Most commonly traveled to countries exchange with US dollars often so you might be able to get a low exchange.
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In my personal opinion it would be fairly difficult to coordinate and set up in the first place but it seems interesting. Not too sure if it'll work though because how do you get the word out there and is it even plausible in the first place?
Last edited by hooper; 07-26-2012 at 04:45 PM.
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