I work in Hong Kong but transfer money regularly to the US, exchanging for US dollars. I've been surprised by the low amount that posts to my US account. Last night I got the exchange rate on my most recent transfer: 7.990! That's almost 4% over market. Granted, I transfer small amounts (~HK$10,000), but is there a way to get better rates? I'm already paying fees on this side (I think HK$100). How can I save the HK$400-$500 I'm losing on this terrible rate! My US bank is US Bank and my HK bank is Hang Seng Bank.
Thanks for any advice!