Fooling round with the Currancies

For my trip to Germany I will need money, At present the A$ is riding high in relation to US$,I thought it time to change to Euros.Also my Visa traveller cheques are developing dogs ears,I should check if they are cashable.
On the bus I meet Noel a fellow traveller,we chat about currancies,he advised I change my A$ in Chinatown as I would get a better rate.
He showed me his range of bank cards and insisted I get a debit card.We discuss my ANZ passbook account of 40 years,which charges me to keep my money safe so they can use it profitably,Noel is in disbelief.
On the train all passangers are watching their mobiles.I ask the lady across the isle what she is reading?
"my work shedule for to day,it is 9.45am so I realise the office has moved on to the rail,bus, or ferry services with more flexable hours
Once in the city I go to the exclusive Deutschbank,with its groundfloor restaurants and fountains.I speed to the 16th floor,where I am told on the intercom this is a wholesale bank,I query "do you have contact with Deutschbank in Germany" yes is the reply 'can you tell me if Deutschbank can cash my travellers cheques ?
No.
I cross the road to CBA and enquire can I change money.The suited official looks stunned we move to a counter which has Macquarie Bank on its front.I apolagise and get directed 10 meters along, to the CBA which I recognise,it has been here 100 years.
I obtain a rate for Euros,for my A$2,000 I will get E1285 plus a fee of $19.99
Applying the rule it is always best to shop around for the best rate I take a bus to Chinatown,locate Noel's store opposite The Bank of China
In my travells I have always found I get a better rate on the street than in the bank.
The young man behind the glass cubicle offers me E1300 for my A$2000, no commission.
I duly count out 2000 dollars and pass it under the glass,he in turn recounts it and puts it his drawer.He is then on his phone and says ,we dont have enough Euros,when I ask for his phone no. so I can ring to find out if they have enough Euros,he says no.
What sort of game is this ? I get my money back,walk up George Street I enquire at several kiosks for their Euro rate,they are all worse than CBA bank.
Was Noel right ?
The next day I am having lunch with the family at Eastwood ,I ask Superforex their Euro rate,they give be E1310 for my A$2000,the best rate of all.