Post job

What is an exchange teller and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being an exchange teller. For example, did you know that they make an average of $18.33 an hour? That's $38,127 a year! Between 2018 and 2028, the career is expected to grow -12% and produce -43,700 job opportunities across the U.S.
ScoreExchange TellerUS Average
Salary
3.0

Avg. Salary $38,127

Avg. Salary $59,228

Stability level
8.5

Growth rate -12%

Growth rate 0.3%

Diversity
4.5
Race

American Indian and Alaska Native 0.60%

Asian 6.78%

Black or African American 8.52%

Hispanic or Latino 23.72%

Unknown 3.35%

White 57.03%

Gender

female 73.08%

male 26.92%

Age - 36
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 36
Stress level
8.5

Stress level is very high

7.1 - high

Complexity level
4.9

Complexity level is intermediate

7 - challenging

Work life balance
10.0

Work life balance is excellent

6.4 - fair

Exchange teller career paths

Key steps to become an exchange teller

  1. Explore exchange teller education requirements

    Most common exchange teller degrees

    Bachelor's

    52.8 %

    Associate

    17.0 %

    Diploma

    15.1 %
  2. Start to develop specific exchange teller skills

    SkillsPercentages
    Customer Service27.32%
    Foreign Currency Transactions22.69%
    Bank Products17.66%
    Cash Handling9.63%
    Wire Transfers6.85%
  3. Complete relevant exchange teller training and internships

    Accountants spend an average of Less than 1 month on post-employment, on-the-job training. New exchange tellers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an exchange teller based on U.S. Bureau of Labor Statistics data and data from real exchange teller resumes.
  4. Research exchange teller duties and responsibilities

    • Calculate gross revenue by location and managing the data in AS400.
    • Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
    • Interpret and accurately process customer requests and transactions according to TCF guidelines.
  5. Apply for exchange teller jobs

    Now it's time to start searching for an exchange teller job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first exchange teller job

Zippi

Are you an exchange teller?

Share your story for a free salary report.

Average exchange teller salary

The average exchange teller salary in the United States is $38,127 per year or $18 per hour. Exchange teller salaries range between $23,000 and $62,000 per year.

Average exchange teller salary
$38,127 Yearly
$18.33 hourly

What am I worth?

salary-calculator

How do exchange tellers rate their job?

Working as an exchange teller? Share your experience anonymously.
Overall rating*
Career growth
Work/Life balance
Pay/Salary

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse office and administrative jobs