Pages

Thursday, January 22, 2009

Money often costs too much.

I didn't want to bother with the hassle of getting money exchanged once I arrived so I went to Rome Savings Bank and ordered some Euros. They charge a $10 fee to order them, but hey... I'll be prepared.

I looked online at the exchange rate, and for 600 USD I should have received about 435 Euros. Well, they gave me 400 Euros for 591.04 USD. Well, hmmm... I didn't think that was right.

Rome Savings orders their Euros from Bank of America because they aren't an international bank, so they have to go by their rate. Now... how can BOA charge a different rate than anyone else?!?!?! Good question.

I called RSB and they couldn't help, so I looked up BOA's number at work and called them. They told me that the rate is different for businesses and non businesses. Ahuh... right. But I guess if you have millions of dollars you're going to get a better deal? Well, I think it's bull crap.

Anywho - I have Euros, so I won't get off the plane penniless at least. I wonder how far 400 Euros will get me...... O_o Well, I'll hope and pray most places will take credit.






Pretty money, no?

See you next week.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.