Monday, 13 February 2017

What a Difference

We will require Euros for our trip back to Germany/Slovenia and if we were to use our Kiwi bank for the transaction (for the purpose of this example we are using NZ$ 10 000) it would get us 6 650€ at their current published rate.

Sending the same amount to World First to buy Euros would get us 6 769€- a difference of 119€.

Both methods are as easy to implement as each other, a few presses of keys and it's done instantly, yet the extra Euros we get will cover the cost of a few nights in a Gasthaus.

Why can the difference be so large?

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