- posted 10 years ago
quick question for the knowledge of the group
Foreign Currency exchange rates...
Our son is in Germany for a year,
and we have sent him some Euros for birthday etc.
Why is the exchange rate quoted on TV or Yahoo Finance
different from the banks (Chase & BOA)
when they say they don't charge any fees or commissions ???
Wells Fargo - $100 = 159.18 euro
Chase - $100 = 158.89 euro
Yahoo - $100 = 150.48 euro