Foreign exchange clerk vs bank teller

The differences between foreign exchange clerks and bank tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a foreign exchange clerk has an average salary of $92,420, which is higher than the $32,043 average annual salary of a bank teller.

The top three skills for a foreign exchange clerk include foreign exchange transactions, foreign currency and currency positions. The most important skills for a bank teller are customer service, savings withdrawals, and bank products.

Foreign exchange clerk vs bank teller overview

	Foreign Exchange Clerk	Bank Teller
Yearly salary	$92,420	$32,043
Hourly rate	$44.43	$15.41
Growth rate	-12%	-12%
Number of jobs	66,986	23,446
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 43%
Average age	39	39
Years of experience	-	-

Foreign exchange clerk vs bank teller salary

Foreign exchange clerks and bank tellers have different pay scales, as shown below.

	Foreign Exchange Clerk	Bank Teller
Average salary	$92,420	$32,043
Salary range	Between $43,000 And $195,000	Between $26,000 And $38,000
Highest paying City	-	Sunnyvale, CA
Highest paying state	-	Massachusetts
Best paying company	-	Tinker Federal Credit Union
Best paying industry	-	Finance

Differences between foreign exchange clerk and bank teller education

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

	Foreign Exchange Clerk	Bank Teller
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 43%
Most common major	Business	Business
Most common college	-	-

Foreign exchange clerk vs bank teller demographics

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

	Foreign Exchange Clerk	Bank Teller
Average age	39	39
Gender ratio	Male, 41.3% Female, 58.7%	Male, 24.1% Female, 75.9%
Race ratio	Black or African American, 10.1% Unknown, 3.2% Hispanic or Latino, 20.5% Asian, 7.4% White, 58.2% American Indian and Alaska Native, 0.6%	Black or African American, 9.8% Unknown, 3.4% Hispanic or Latino, 20.9% Asian, 7.3% White, 58.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between foreign exchange clerk and bank teller duties and responsibilities

Foreign exchange clerk example responsibilities.

Generate price discovery and execute desired positions across various products including volatility views through straddles and variance swaps.
Generate price discovery and execute desired positions across various products including volatility views through straddles and variance swaps.

Bank teller example responsibilities.

Obtain many skills including balancing drawer every day, balancing the coin machine, the coin vault, and ATM vaults.
Front end assistant to manager, door greeter, phone greeter, ATM custodian, TCD custodian, open and close bank
Receive TD acknowledgement of accomplishments, quarterly recognition and position increases.
Provide guidance to customer's and non-customers using a consultative sales approach in uncovering additional needs for cross-sell opportunities.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Notify members of financial opportunities base on banking history resulting in increase upselling

Foreign exchange clerk vs bank teller skills

Common foreign exchange clerk skills

Foreign Exchange Transactions, 57%
Foreign Currency, 24%
Currency Positions, 11%
Check Accuracy, 9%

Common bank teller skills

Customer Service, 19%
Savings Withdrawals, 8%
Bank Products, 6%
Cash Handling, 6%
Cross-Sell, 5%
Customer Relationships, 4%