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Bank Story #201
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Bank Story #201
by Ssmith Wed Dec 14, 2016 4:18 pm
From Anonymous:
I just got off the phone with Wells Fargo they currency exchange Division and I was told specifically that they are going to be selling out all of their currency to a contract company they will not be receiving any more foreign currency as of today or the beginning of the year. They will be contracting it out to other Banks but Wells Fargo as of today will not be accepting any more foreign currency because of the liability they would have on the return. But don't give up hope the other information that I received was that once again they will be doing a contract with other Banks or wealth management companies do the exchange. Last night I heard on the big call Bruce said that Will's Fargo was still in line with doing the exchange but according to my Intel and my bank in Texas they will not be doing the exchange
I just got off the phone with Wells Fargo they currency exchange Division and I was told specifically that they are going to be selling out all of their currency to a contract company they will not be receiving any more foreign currency as of today or the beginning of the year. They will be contracting it out to other Banks but Wells Fargo as of today will not be accepting any more foreign currency because of the liability they would have on the return. But don't give up hope the other information that I received was that once again they will be doing a contract with other Banks or wealth management companies do the exchange. Last night I heard on the big call Bruce said that Will's Fargo was still in line with doing the exchange but according to my Intel and my bank in Texas they will not be doing the exchange
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Re: Bank Story #201
by Kevind53 Thu Dec 15, 2016 12:56 am
You right but for the wrong reason, they will not be doing the exchange cause it ain't gonna happen anytime soon if ever.
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