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Currency conversions
daz60
Posts: 19 Forumite
why is it that when you check the currency rates on xe.com or google converter then go buy that ammount say at the post office, you never get what it says on the sites like xe.com are we being charged commission...i dont get it!!!!!!!!!
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Comments
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coz someone is making a profit on the currency exchange...0
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sooo they are gettin commisson despite bein advertised as 'commission free'0
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No, they are instead choosing the price they will sell for. Xe etc show you the mid market rate (I think) which does not mean anyone has to sell for that rate.Debt at highest: £8k. Debt Free 31/12/2009. Original MFD May 2036, MF Dec 2018.0
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ok but it is quite a profit that they make. the difference between what the up-to-date rate is to what they sell the currency to you0
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