Exchange teller vs float teller

The differences between exchange tellers and float tellers 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 $32,064 average annual salary of a float teller.

The top three skills for an exchange teller include customer service, foreign currency transactions and bank products. The most important skills for a float teller are cash handling, branch management, and excellent client.

Exchange teller vs float teller overview

	Exchange Teller	Float Teller
Yearly salary	$38,127	$32,064
Hourly rate	$18.33	$15.42
Growth rate	-12%	-12%
Number of jobs	9,050	14,928
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 49%
Average age	39	39
Years of experience	-	-

Exchange teller vs float teller salary

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

	Exchange Teller	Float Teller
Average salary	$38,127	$32,064
Salary range	Between $23,000 And $62,000	Between $26,000 And $39,000
Highest paying City	-	Pensacola, FL
Highest paying state	-	Massachusetts
Best paying company	-	Santander Bank
Best paying industry	-	Finance

Differences between exchange teller and float teller education

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

	Exchange Teller	Float Teller
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 49%
Most common major	Business	Business
Most common college	-	-

Exchange teller vs float teller demographics

Here are the differences between exchange tellers' and float tellers' demographics:

	Exchange Teller	Float Teller
Average age	39	39
Gender ratio	Male, 26.9% Female, 73.1%	Male, 25.4% Female, 74.6%
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, 10.1% Unknown, 3.5% Hispanic or Latino, 15.2% Asian, 7.4% White, 63.2% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between exchange teller and float teller 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.

Float teller example responsibilities.

Verify signatures and customer account balances; and inspect all checks, bonds, and money orders.
Generate bank revenue through cross-selling of financial products.
Process deposit and withdrawal requests, in person, through night depository, and ATM transactions.
File expense reports, reconcile teller drawer and assist in accurately balancing vault, ATM and cash dispensers.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Complete assigned duties such as safe deposit, merchant/vault, TCD balancing, ATM processing, and night drop.

Exchange teller vs float teller 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 float teller skills

Cash Handling, 12%
Branch Management, 9%
Excellent Client, 9%
Math, 7%
Bank Products, 6%
Customer Service, 6%