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Search: Posts Made By: Davita
Showing results 1 to 25 of 32
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Forum: Canada
Nov 11th 2016, 10:26 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Update...Thanks to Bristol to introduce TransferWise.
It wasn't as easy as he suggested to join Transferwise as they required downloading passport, or other verification, and other bank information...
Forum: Canada
Nov 5th 2016, 1:04 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Sorry Snowy...didn't previously respond to your above and was timed out to edit.
I tried depositing UK cheques into my HSBC GBP account but it still needs to be returned to UK for clearance...and...
Forum: Canada
Nov 5th 2016, 6:57 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Thanks Snowy...you're correct...that's exactly what I do.

I transfer to a GBP account in Indonesia....then wait 'till I see the rate is acceptable and immediately exchange before the rate...
Forum: Canada
Nov 5th 2016, 12:06 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

No need for me to go to the bank.
Yesterday I transferred GBP10,000 to my Canadian bank by the touch of a button on this computer using HSBC Global.
I received CDN$16,700. TransferWise offered...
Forum: Canada
Nov 3rd 2016, 4:03 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

The High Court in UK said that Brexit decisions must be made by Parliament and not just the Government. This has been appealed to the Supreme Court.
This has caused some dismay to the Government but...
Forum: Canada
Nov 2nd 2016, 2:19 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Thanks for that link hydro...very interesting but the pundits didn't explain how the GBP was going to rise...they said 'verbal intervention' whatever that means.
It suggests they're going to 'talk...
Forum: Canada
Nov 2nd 2016, 1:53 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Thanks BristolUK...I got it you did your own %. I did the same and you are correct.
Today.....
From my HSBC manager, £1 = IDR15,983.
Transferwise right now is £1 = IDR15,834....net of charges. ...
Forum: Canada
Nov 1st 2016, 2:55 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

I just did it again for £10,000 and the fee was £80.29p....no mention of any % fee.
Forum: Canada
Nov 1st 2016, 1:19 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

RE: post #65 by BristoUK

Thanks for that good info.
I registered with Transferwise and did a dummy run as I plan to exchange some UK£10,000 into Indonesian IDR as I'm currently in Bali.
The XE...
Forum: Canada
Nov 1st 2016, 7:28 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Are you willing to tell us who you use to transfer money so we can all compare....and some may get some benefits?
Forum: Canada
Nov 1st 2016, 2:10 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Well my bank HSBC does.
I collect my UK pensions in my HSBC GBP Account in the Channel Islands where they sit on a very low interest rate.
If I notice the currency exchange is beneficial, looking...
Forum: Canada
Nov 1st 2016, 12:50 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

I'm sorry to see you get such a lousy rate.
I would approach them and establish a better agreement. In principle, if you are automatically converting as soon as the pension is remitted, your bank...
Forum: Canada
Nov 1st 2016, 12:19 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

The rumour of the Governor of the Bank of England (BofE) resigning soon has been rejected by news he will stay until June 2019.
Forum: Canada
Oct 31st 2016, 12:48 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Sorry....I meant the Governor.
The BofE has a Monetary Policy Committee that meet weekly to determine the GBP rate of interest with regard to inflation. Their aim is to maintain growth but not...
Forum: Canada
Oct 31st 2016, 12:26 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

All currencies float...nothing to do with Brexit.
Where do you get CDN$1.65 to a GBP...I'll change GBP50,000 instantly if you can get me that rate.
Forum: Canada
Oct 31st 2016, 12:17 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Please show where you got the information that the BofE will raise rates astronomically.
Here is a report from the Chairman, only 2 weeks ago, that suggests they may hold-off reducing the rate to...
Forum: Canada
Oct 27th 2016, 11:40 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Today's news is that EU has confirmed the CETA deal with Canada...although details are scant. This could be reflected in the value of CDN$....who knows?

UK yesterday posted Q3 results showing a...
Forum: Canada
Oct 24th 2016, 10:39 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Re: post # 44

:rofl:....That's not all European thinking of Brits...just the French...:nod:
Forum: Canada
Oct 24th 2016, 9:56 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

After 7 years of negotiations between Canada and EU this deal was squashed because 3.5 million voters in a Municipality of Belgium managed to hold out against some 500 million in 27 other countries,...
Forum: Canada
Oct 23rd 2016, 11:44 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

(Sorry...my mistake previously saying C$12 Million...BnM are close on a keyboard....late at night)
If you read the link it says the Canadian economy would be boosted by CDN$12 Billion per year if...
Forum: Canada
Oct 23rd 2016, 3:07 pm
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

I read that the EU has given Belgium until Monday night 24 Oct. EU time to ratify with Canada or everything is off.
Monday Deadline Set For Massive EU-Canada Trade Deal | Huffington Post...
Forum: Canada
Oct 23rd 2016, 1:26 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Doesn't that give credence to the CDN$ going UP in value?
Maybe better to buy now.
Forum: Canada
Oct 21st 2016, 6:36 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Just saw some news that the EU have rejected a deal with Canada on exporting agricultural products there...something to do with protecting EU farmers.
I haven't studied but it could effectively...
Forum: Canada
Oct 14th 2016, 3:34 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

That's a debate for the future...the tenet of this thread is here and now.
This news yesterday will create some more uncertainty but we'll have to wait and see if there is any repercussion on the...
Forum: Canada
Oct 14th 2016, 3:09 am
Replies: 80
Views: 8,693
Posted By Davita

Re: Brexit currency woes

Currency valuations respect certainty...if uncertain situations develop it is always negative.
Showing results 1 to 25 of 32
 
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