I was in Kitchener recently and noticed that the banks there seem to charge excessively high fees for foreign exchange services. I'm trying to understand the reason behind these overcharges.
7
answers
Eleonora
Mon Jan 27 2025
Banks frequently impose high fees for their foreign exchange services.
Eleonora
Mon Jan 27 2025
This is primarily due to the need to compensate for expenses incurred by other departments within the institution.
emma_carter_doctor
Sun Jan 26 2025
Knightsbridge Foreign Exchange offers a viable alternative for those seeking more affordable exchange rates.
Pietro
Sun Jan 26 2025
Customers often find themselves bearing the burden of these additional costs.
emma_rose_activist
Sun Jan 26 2025
In the city of Kitchener, seeking competitive exchange rates can be a challenging task.