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A multinational corporation may hire a currency exchange company to exchange money from one form to another as they do business across the globe. Currency exchanges may be set up to handle many different currencies such as, United States Dollars, British Pounds Sterling, Japanese Yen, Swiss Francs, German Deutschmarks, and Australian Dollars. A currency exchange may handle a variety of transactions, which include bank transfers, traveler's checks, credit card transactions, debit transactions, and bank checks. Currency exchanges may charge a fee for exchanging currency. The currency exchange fee may be a percentage of the money exchanged from one form to another.
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