Exchange teller vs bank representative

The differences between exchange tellers and bank representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an exchange teller has an average salary of $38,127, which is higher than the $34,417 average annual salary of a bank representative.

The top three skills for an exchange teller include customer service, foreign currency transactions and bank products. The most important skills for a bank representative are bank products, customer service, and bank policies.

Exchange teller vs bank representative overview

	Exchange Teller	Bank Representative
Yearly salary	$38,127	$34,417
Hourly rate	$18.33	$16.55
Growth rate	-12%	-12%
Number of jobs	9,050	105,192
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 53%
Average age	39	39
Years of experience	-	-

Exchange teller vs bank representative salary

Exchange tellers and bank representatives have different pay scales, as shown below.

	Exchange Teller	Bank Representative
Average salary	$38,127	$34,417
Salary range	Between $23,000 And $62,000	Between $28,000 And $41,000
Highest paying City	-	Albany, NY
Highest paying state	-	New York
Best paying company	-	Advancial Federal Credit Union
Best paying industry	-	Finance

Differences between exchange teller and bank representative education

There are a few differences between an exchange teller and a bank representative in terms of educational background:

	Exchange Teller	Bank Representative
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	-	-

Exchange teller vs bank representative demographics

Here are the differences between exchange tellers' and bank representatives' demographics:

	Exchange Teller	Bank Representative
Average age	39	39
Gender ratio	Male, 26.9% Female, 73.1%	Male, 34.1% Female, 65.9%
Race ratio	Black or African American, 8.5% Unknown, 3.3% Hispanic or Latino, 23.7% Asian, 6.8% White, 57.0% American Indian and Alaska Native, 0.6%	Black or African American, 9.2% Unknown, 3.4% Hispanic or Latino, 22.4% Asian, 7.3% White, 57.1% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between exchange teller and bank representative duties and responsibilities

Exchange teller example 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.

Bank representative example responsibilities.

Used CRM software for KYC purposes, managing and analyzing customer data throughout life cycle.
Open new accounts for existing and/or new clients, including money market savings, CDs, and IRA accounts.
Complete maintenance request including address changes, check orders, stop payments, warnings, account closings and ATM card captures.
Originate and sign internal debit and credit documents.
Complete customer account paperwork for loans, fraudulent activity, unauthorize activity and weekly ATM balancing reports.
Advise patients of insurance/hospital information, prepare admission forms and enter patient data into the patient data accounting system.

Exchange teller vs bank representative skills

Common exchange teller skills

Customer Service, 27%
Foreign Currency Transactions, 23%
Bank Products, 18%
Cash Handling, 10%
Wire Transfers, 7%
Customer Transactions, 5%

Common bank representative skills

Bank Products, 12%
Customer Service, 11%
Bank Policies, 9%
Cross-Sell, 6%
Excellent Interpersonal, 5%
Cash Handling, 5%