Tuesday, January 4, 2011

Foreign Exchange - Crazy World

Foreign exchange is crazy these days. I do a lot of traveling and I know. To convert currencies from one country to another is just a pain. So, I decided to do something about it! I'm Terry Saggat and this is my blog about saving money on all foreign exchange transactions all across the globe.

It's not easy, you want to go on that perfect vacation and all you think about are the beautiful sites and leisure time that's so overdue, but wait, a trip to the bank, or the money exchange booth across the street and the spending bonanza starts.

I thought changing money was no big deal, but foreign exchange prices just seem to come and snip you on the butt wherever you go. It's not just when I wanted to change Dollars into Euros, no the bank spreads were huge! But then I found that changing money into cash was the least of my worries. After all how much cash will I be using on my trip anyways?

No, receiving my travel expenses bill at the end of the month was nothing short of a nightmare. Charges upon charges, upon commission charges all having to do with exchanging foreign currencies.

I am calling all bloggers, travelers and foreign merchants out there to join my fight in finding a one stop shop solution for foreign exchange overcharging.

Is there anything like it out there?

Lets start with a simple question - where is the best place to change domestic currency to foreign currency in the US?

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