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Average Salary
Updated: 05/21/2013
Clerk Foreign Exchange Banking: Keeps records of bank's funds on deposit (position) in foreign Banks that may involve bank's balances on deposit in foreign banks, outstanding (future) purchase and sales contracts, and undelivered items. Lists totals in holdover register and posts net balances to... [+] More
Clerk Foreign Exchange Banking: Keeps records of bank's funds on deposit (position) in foreign Banks that may involve bank's balances on deposit in foreign banks, outstanding (future) purchase and sales contracts, and undelivered items. Lists totals in holdover register and posts net balances to daily position reports to determine new position. Checks records to determine when balances need replenishing. Computes net balances and informs trading personnel.
May answer inquiries regarding foreign exchange trading regulations. May assist trading personnel in preparing monthly revaluation of foreign currency accounts. May compare current and previous balance sheets to eliminate double-posting to transactions and verification of limits. May quote established conversion rates for bank branch staff and customers. (Source: eDOT Job Description) [-] Less
Cost of Living Data
A renter's cost of living for someone making $38,551 in Ware, Massachusetts is 112.7% of the US National Average. For more information, or to compare cost of living data between two cities, click here.
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