One of our goals is when we go to exchange our dinar we want to reduce our fees that we have to pay at the exchange. Some banks or brokers might charge upwards of 1%…I’ve heard 53rd Bank doesn’t charge anything at all to exchange foreign currency. I bank with Wells Fargo…I’m going to go specifically to their private bank…With the private bank you need a minimum of $10 million to get in…I told my guy I will exchange with you…I want you to give me face value for the currency. Remove all fees. He told me, I got you. The reason why he wants to do that, his group in the private bank side will make more money off of investing my money than charging me 1% fee to do an exchange. That’s the reason they want my money…There’s different tricks you can do to maximize your cash flow when you go to exchange… :Jeff
