Cels Forum

You must be mistaken in your number or have a realy
strange bank : Wire transfer have always a better rate
than buying banknotes.

The bank buys banknote at a low rate. Then it buys
currency at a slightly higher rate. Then it sells
currency at a higher rate. And finaly it sells banknote
at a still higher rate.  Ie:

    
   |- Selling banknote
   |
   |- Selling currency (electronic transaction)
   |
   |- Buying currency (electronic transaction)
   |
   |- Buying banknote
   -

And yes, the yen is currently very high at around
$1 = 100 yen.

Cheers,
Yann Stettler