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Bank Story #292 1/25/18
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Bank Story #292 1/25/18
Reader H. writes:
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Yesterday I went to a branch of the Commonwealth Bank in Western Australia to exchange VND 20,000,000 for Australian dollars because I needed about a thousand dollars buy some tyres for my car.
I was served by the bank manager who told me that I was very lucky to have come into the bank today because she had received a memo from head office advising that Vietnamese Dong would not be accepted as exchangeable currency after 5pm today.
Now, that's a really unusual step for an "Australian Big Four Bank" to take. As a nation we have an excellent relationship with Vietnam, many Vietnamese live and work hard in Australia, we holiday there, do business and trade with Vietnam and have a mutually respectful working relationship with them in general.
What does the bank know that we don't?
Any thoughts?
=====
Yesterday I went to a branch of the Commonwealth Bank in Western Australia to exchange VND 20,000,000 for Australian dollars because I needed about a thousand dollars buy some tyres for my car.
I was served by the bank manager who told me that I was very lucky to have come into the bank today because she had received a memo from head office advising that Vietnamese Dong would not be accepted as exchangeable currency after 5pm today.
Now, that's a really unusual step for an "Australian Big Four Bank" to take. As a nation we have an excellent relationship with Vietnam, many Vietnamese live and work hard in Australia, we holiday there, do business and trade with Vietnam and have a mutually respectful working relationship with them in general.
What does the bank know that we don't?
Any thoughts?
Ssmith- GURU HUNTER
- Posts : 20495
Join date : 2012-04-10
Re: Bank Story #292 1/25/18
Nothing ... a simple business decision for whatever reason.
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
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