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...Or cash

7/7/2011

The cash rate is the rate you get when exchanging money at FOREX Bank. There are several currencies, mainly Euros, Dollars and Danish and Norwegian Crowns, which are often exchanged by tourists to Swedish money at FOREX Bank.

But most of the currency sold to customers comes from suppliers abroad. It has to be transported to Sweden, distributed to the branches under high security. Cash handling involves a lot of manual labour, that’s why the cash rates are slightly higher than the electronic ones.


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