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Forum: Moving back or to the UK

Oct 14th 2014, 9:06 am

Replies: 72

Currency Exchange Problem

Views: 7,886

Posted By finance

Re: Currency Exchange Problem

Continuing... I did not mean that they pretend that the fee is part of the exchange rate, but rather that they pretend that the fee is the *transaction cost* of doing the transaction when in fact the...

Forum: Moving back or to the UK

Oct 12th 2014, 11:44 am

Replies: 72

Currency Exchange Problem

Views: 7,886

Posted By finance

Re: Currency Exchange Problem

My understanding is that your US bank is sending you a USD-denominated check and you plan to deposit it into a UK-based USD-denominated account from which a conversion to GBP will take place. Are you...

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