Quote:
Originally Posted by Struggle4Bucks
My money goes from Bank A in London (i thought i had an American processor) to Bank B in Ney York, because i am paid in dollars and Bank A is in euro area so they need to "buy" dollars so my amount is send to Bank B in Ney York to "exchange" it. 
I said: "There is a difference in buying dollars so i can get paid in dollars and sending MY money to America to exchange that amount in dollars... She didn't understand this logic... maybe i'm the one who doesn't understand things about banking... could be... |
Maybe she meant that they sell the euros, pounds, etc. to US bank and they send USDs back. And there is exchange fee for that transaction.
It is not your's money by the way. It is bank's money, as long as bank has it. Bank just ows to you.