Common money exchange scams The most persistent currency or money transfer scams succeed because they’re simple. A money changer approaches offering “special rates” but delivers counterfeit ...

There are multiple fees associated with currency conversion, but some facilities charge significantly more than others. Planning ahead is the best way to save money by exchanging currency.

Airport currency exchange counters generally offer the worst exchange rates you'll find. If you need cash, order foreign currency from your bank before you travel.

Real bank employees don’t solicit customers outside their branches. Modern money exchange scams Currency scams have gone digital, but their goals remain the same.