The default option for most individuals is to arrange currency transactions through their regular bank. Dealing with a different bank employee each time, your transaction is forwarded to a large central facility where trades are usually executed in sequence, at the best rate possible within a very small time-window. The huge volume of transactions does not allow individual attention to your trade. Because you deal with a number of different people over time, it is not possible for those involved to develop an understanding of your needs, or to anticipate your requirements. |