Exchange teller vs mutuel teller

The differences between exchange tellers and mutuel 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 $29,875 average annual salary of a mutuel teller.

The top three skills for an exchange teller include customer service, foreign currency transactions and bank products. The most important skills for a mutuel teller are customer service, math, and cash handling.

Exchange teller vs mutuel teller overview

	Exchange Teller	Mutuel Teller
Yearly salary	$38,127	$29,875
Hourly rate	$18.33	$14.36
Growth rate	-12%	-12%
Number of jobs	9,050	8,803
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 43%
Average age	39	39
Years of experience	-	-

Exchange teller vs mutuel teller salary

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

	Exchange Teller	Mutuel Teller
Average salary	$38,127	$29,875
Salary range	Between $23,000 And $62,000	Between $24,000 And $36,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between exchange teller and mutuel teller education

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

	Exchange Teller	Mutuel Teller
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 43%
Most common major	Business	Business
Most common college	-	-

Exchange teller vs mutuel teller demographics

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

	Exchange Teller	Mutuel Teller
Average age	39	39
Gender ratio	Male, 26.9% Female, 73.1%	Male, 25.0% Female, 75.0%
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, 10.8% Unknown, 3.6% Hispanic or Latino, 16.4% Asian, 7.2% White, 61.3% American Indian and Alaska Native, 0.7%
LGBT Percentage	7%	7%

Differences between exchange teller and mutuel 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.

Mutuel teller example responsibilities.

Complete require paperwork (IRS forms) and balance bank at end of shift.
Operate multiple remote OTB locations, working independently to maximize daily.
Fill out proper IRS documentation for customers at the time of large payouts.
Work as an OTB and interact with customers purchasing tickets while betting on horse races.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Fill and repair the ATM machine.

Exchange teller vs mutuel 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 mutuel teller skills

Customer Service, 28%
Math, 14%
Cash Handling, 13%
Regulatory Guidelines, 12%
Customer Relations, 7%
Monetary Transactions, 6%