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Business,Arts and Entertainment
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adam12
Joined: Wed Jun 16, 2010 3:02 pm Posts: 9 Location: uk
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Business,Arts and Entertainment
Our services are free and there are no costs or obligations when opening an account. Cheque, please note it will take 5 working days for the cheques to clear before Baydonhillfx can remit your currency. Online transfer, this can take up to 3 days to be received and is normally free of charge however the majority of banks limit daily transfers up to £10,000 Bank transfer, this is received by Baydonhillfx the same day but does attract transfer costs from your bank Please note that we do not accept cash for settlement. Transfer times are subject to time zones and local banking hours and therefore depend on where you are sending your funds. Transfers to the US and Western Europe take 1 to 2 days. We will be able to offer a competitive rate of exchange on any amount upwards of £5,000.00. Please note that amounts below this level can be subject to transfer costs.
As you can imagine we get asked many different questions by clients looking to maximise their foreign currency purchase. With this in mind we have put together an essential guide to provide you with a useful insight into how best to execute your transfer. For further guidance please do not hesitate to contact us.
1 Don't leave it to the last minute. Talk to a specialist currency broker as soon as you know you are going to need to purchase foreign currency. That way you will have time to secure the best exchange rate. 2 Deal with a company where you get a dedicated Currency Dealer. You will build a rapport with them and obtain a better service. 3 Some companies charge commission so find out up front what their costs are and whether you will be charged commission on money transfers. 4 Set a realistic budget based on the current market. Your Currency Dealer should explain to you what is happening and the general direction of foreign exchange rates. 5 Don't get greedy, if your target exchange rate is available take it otherwise you could lose out. 6 If you have future payments to make, and your target rate is available secure your exchange rate with a forward contract. 7 Try to avoid purchasing foreign currency at the low of the day, the difference can be significant and your Currency Dealer should help you with this. 8 Look on websites like bbc.co.uk and yahoo.co.uk to find out what the interbank exchange rate is and also what is influencing the market. 9 Always get confirmation from your Currency Dealer that your monies have been sent. 10 Finally, don't use your bank as it will cost you a significant amount more and they cannot offer specialist guidance.
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Wed Jun 16, 2010 3:14 pm |
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houston
Joined: Fri Mar 26, 2010 7:29 pm Posts: 19
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Re: Business,Arts and Entertainment
If you have money to invest then you should invest that money in real estate. because i think it is safe and more beneficial then another business. there is no risk. just purchase any property and wait for increasing the prices. after sometime you can get the good price.
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Thu Jun 17, 2010 8:57 pm |
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