What is the "Fake Currency Exchange Rate" scam in Batumi?

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Money changers on Batumi Boulevard and near the old town market quote competitive lari rates but shortchange during the transaction using fast-counting methods. Some booths display one rate on the board but apply a different rate during the transaction, claiming the board rate applies only to large amounts. Use ATMs (Bank of Georgia, TBC Bank) for GEL withdrawals at interbank rates. If using a change booth, verify the exact rate that will apply before handing over currency and count all notes received before leaving the counter.

Money & ATM Scams in Batumi

Fake Currency Exchange Rate

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