Spot Forex with Bank Forex

Hi,

I'm sure here in this forum many traders have experience working with banks. I'm a bit curious here,

Why the bank exchange rate is not offer the same price with spot forex? How do the banks set the price (dead price) for the whole day? Do the bank take profit from the forex? and how many pips do they take?

any reply from you i'm very appreciated.
thank you.

(sorry for my poor english)

Have a look at the exchange rates. The price difference b/w buy and sell is somewhere between 300-600pips!!

Cheers,
K.

If you'd want exchange USD in to EUR cash don't you think your bank want's to gain something from it? That's why there is such a huge spread.
Funny thing is there are some noobs that really belive they could take their 10 Dollars and run to the bank everyday and make money from it.