From: "Michael T Payne" Date: Tue, 19 Jan 1999 15:38:19 -0600 Subject: Re: [ILF] FOREIGN CURRENCY EXCHANGE WARNING You are right when you say that too, but let me show how these 'bureaux de change' people make their money, not to insult you or anything.......... Normal exact exchange rate: USD 1.65 per GBP 1.00 PLUS Bureaux charges USD 0.10-0.15 per unit of GBP to buy PLUS Service charge USD 5.00-15.00= --------------------------------------------------------------------------- ----- Buying exchange rate: USD 1.65-1.80 per GBP 1.00, plus the USD 5.00-15.00 service charge. End of the lesson in Econ 101, I hope that helps..... Mikey