What cracks me up with the way banks do FX conversions is they advertise to the general public that they offer "commission free conversion" then milk 3% of their customers in the FX spread. If they advertise how much they really took no1 would convert money with them. Imagine been told your gonna get charget $3K to perform a FX conversion on $100K. You should be able to find som1 to perform your FX conversions cheap. I live in AUZ and we have this company called Auzforex that performs all FX conversions at a very decent rate. Or you could sign up with IB and get the exchange rate