Foreign exchange clerk vs receiving teller

The differences between foreign exchange clerks and receiving 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 $45,542 average annual salary of a receiving 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 receiving teller are data entry, ATM, and financial institutions.

Foreign exchange clerk vs receiving teller overview

	Foreign Exchange Clerk	Receiving Teller
Yearly salary	$92,420	$45,542
Hourly rate	$44.43	$21.90
Growth rate	-12%	-12%
Number of jobs	66,986	17,153
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 47%
Average age	39	39
Years of experience	-	-

Foreign exchange clerk vs receiving teller salary

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

	Foreign Exchange Clerk	Receiving Teller
Average salary	$92,420	$45,542
Salary range	Between $43,000 And $195,000	Between $24,000 And $85,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between foreign exchange clerk and receiving teller education

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

	Foreign Exchange Clerk	Receiving Teller
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 47%
Most common major	Business	Business
Most common college	-	-

Foreign exchange clerk vs receiving teller demographics

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

	Foreign Exchange Clerk	Receiving Teller
Average age	39	39
Gender ratio	Male, 41.3% Female, 58.7%	Male, 19.9% Female, 80.1%
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, 10.2% Unknown, 3.4% Hispanic or Latino, 20.4% Asian, 7.3% White, 58.1% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between foreign exchange clerk and receiving 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.

Receiving teller example responsibilities.

Cross-Train in vault operations, ATM operations, and cash item collection procedures.
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.

Foreign exchange clerk vs receiving teller skills

Common foreign exchange clerk skills

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

Common receiving teller skills

Data Entry, 17%
ATM, 13%
Financial Institutions, 12%
Financial Transactions, 10%
Direct Supervision, 10%
Cash, 5%

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Foreign Exchange Clerk
Foreign Exchange Clerk vs Receiving Teller

Updated January 8, 2025

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