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#Post#: 1765--------------------------------------------------
Do you purchase products in a different currency?
DIR By: Liam
Date: July 5, 2013, 3:01 pm
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Hello everyone. Just wondering if you purchase items in
different currencies what payment you used.
As silly as it sounds i was using my standard bank account.
Turns out this was a massive mistake as i could have saved £1000
using a currency card from fairfx
Lesson learnt, but i imagine some members may know of even
better ways of getting good rates?
Share your information here.
#Post#: 2263--------------------------------------------------
Re: Do you purchase products in a different currency?
DIR By: kingamer
Date: July 12, 2013, 10:25 am
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I need help Liam so how does this work as I started buying stock
in dollars a few weeks ago and made 2 trades over 2 weeks and
the stock price when up by a quid and a half in a week and was
about to send some more cash over but stopped as the rate has
dropped more reducing my profit even more.
As you see having check xe currency site they have a rate of
£1:$1.51 but HSBC bank is giving me £1:$1.47 with a banking fee
of £17 on top and a monthly charge of £6
Have checked western union which is $1.43 and money gram is
$1.42
So I need help please need to order more stock and fast.
So how does this fairfx card work and what rate are they
offering also how would xe trade work as well.
#Post#: 2555--------------------------------------------------
Re: Do you purchase products in a different currency?
DIR By: Liam
Date: July 19, 2013, 11:59 am
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Hello, i think the best thing i can suggest for you to do is
contact the fairfx team by phone and they can explain everything
for you. I'm still currently being set up for a normal account
and corporate account.
They will be best to explain it all for you, and can let you
know rates etc.
Hope this helps.
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