Currency Exchange

A currency exchange is a business that has the legal right to exchange one currency for another to its customers. Currency exchange of physical money (coins and paper bills), is usually done over a counter at a teller station. Currency exchange businesses that operate such transactions can be found in a variety of forms and venues. It may be a stand-alone, small business operating out of a single office, or it may be a larger chain of small exchange-service booths at airports, or it may be a large international bank offering currency exchange services at its teller stations. On a larger scale, this is referred to as repatriation.