Anyone who cares about such things knows that bank currency conversion rates are the worst. They make PayPal look cheap! I use CurrencyFair for all my international business transactions. The only thing my bank foreign currency account does hold money, it never converts it.
$500 cheaper! This is the reason I always take cash with me $500 on the $10,000 is 5% Money is stolen from you. Here in Europe if I transfer over 20,000 euro value I can go up in the banks trading room, look the pips on the screen and say do it now