Re: party\'s exchange rate is so bonkers up!!
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it's pretty standard to rip off the customer around 2% for exchange. it's entirely different when the inversion of exchange rates is almost 7% off.
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It does seem to be getting just a little worse all the time. Don't forget though, when the bank nails you for 2% one way, they also get you for 2 the other way. IE if they sell a US dollar for 1.08, they'll be buying it for 1.04.
That being said, this is almost 6.5%. They had a great rate for a while, then it was decent, now it's become expensive. The next step would seem to be exorbitant. And of course, that's not including all of their new $1-2.50 cashout fees. Ugh.
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