Long story short: I have, in my hands, 5 100 Euro bills. I'd like to exchange them for the equivalent USD amount. However, when I went around to my local banks this morning I was shocked to find the rates they were offering. Looking online at sites like these:
http://www.xe.com/ucc/
http://finance.yahoo.com/currency-co...D;to=EUR;amt=1
http://www.oanda.com/convert/classic...on〈=en
I'm getting a good deal more online than the locals were offering. I'm not keen on loosing a substantial amount of cash on top of the $8 - $10 fee to exchange it. Are these online currency converter sites legitimate? Are they banks trying to rip me off? Or am I at fault here?
http://www.xe.com/ucc/
http://finance.yahoo.com/currency-co...D;to=EUR;amt=1
http://www.oanda.com/convert/classic...on〈=en
I'm getting a good deal more online than the locals were offering. I'm not keen on loosing a substantial amount of cash on top of the $8 - $10 fee to exchange it. Are these online currency converter sites legitimate? Are they banks trying to rip me off? Or am I at fault here?