Am I compelled to go through with a verbal currency exchange contract ,if I dont pay what will happen to me?

Question

Am I compelled to go through with a verbal currency exchange contract ,if I dont pay what will happen to me?

Answer 1

Who is it with ? Who are you ?

Did you meet in person ? Do they know where to find you ?

I can't believe any reputable company would rely on a 'verbal' contract with a member of the public - most would send you paperwork to sign first .....

If you are a Currency Dealer, that's another matter .. you might want to consider your reputation before going back on it ..

Answer 2

If it was verbal with no other witnesses, then the answer is no.