2. Duties of a Foreign Exchange Cashier
A foreign exchange cashier exchanges money
from different countries into various
denominations to meet customer needs.
1. Exchange rates & international purchasing
practices
2. Excellent communication skills to deal with
customers from all over the world
3. Expertise in math to be an effective foreign
exchange cashier.
3. Types of Foreign Exchange Cashier Jobs
Travel Packages -
– A significant number of foreign cashier positions
entail marketing and selling discounted travel
packages to customers.
Wire Transfers Of Money
– A foreign exchange cashier in a full-service
environment is frequently expected to process wire
transfers of money in addition to her exchange
duties.
4. Job Duties :
1. Cash handling
2. Accurate information on fluctuating foreign
exchange rates
3. Build customer confidence
4. Increase sales
5. Balance cash with sales and accounting records.
5. Working Conditions:
Airports
– small kiosks ,limited space ,one or two stools, a service
counter and vault or safe to protect the money.
Banks
– an area dedicated to foreign exchange transactions.
Malls
– A foreign exchange cashier may also work at a storefront
location in a mall or shopping district
6. Educational Requirements:
1. A high school diploma or equivalent is required
to be a foreign exchange cashier.
2. College level math and accounting courses
are considered an asset for job applicants.
3. Larger foreign exchange companies sometimes
require applicants to take qualifying math and
English tests to qualify for the position.
7. Salary Range and Advancement Opportunities:
1. Monthly salary
2. Travel discounts to employees.
3. Commissions on sales of promotional travel
packages.
4. Opportunities to advance to positions in
management, marketing and sales.