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Search: Posts Made By: IckleHelen
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Forum: Canada
Nov 18th 2008, 10:15 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

You should definitely split it between institutions. The UK recently increased the guaranteed per institution from £35k to £50k so don't put anymore than £50k in any one bank, building society or...
Forum: Canada
Nov 18th 2008, 9:49 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

I don't really think they are even bothered about the Pound v Euro at the moment, keeping their head above water is enough.
Forum: Canada
Oct 16th 2008, 7:54 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

We haven't saved up the money yet. Though we have our Visas we have decided to stay in the UK until next March as save as much money as we can.

Thanks for the links though. I've only ever done a...
Forum: Canada
Oct 16th 2008, 5:56 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

What would be the point of a forward contract if you have to pay it all up front? Instead they earn their money, by giving you a lower exchange rate than they would offer someone doing a spot...
Forum: Canada
Oct 15th 2008, 9:06 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

Thanks for explaining.:D
Forum: Canada
Oct 15th 2008, 7:52 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

Does anyone know how far in advance you can book a rate with a foreign exchange company? e.g. Could I agree a rate today for an amount to be transferred next March? or can you only book a couple of...
Forum: Canada
Oct 14th 2008, 7:52 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

Thanks for explaining. Not sure whether to bother for the amount we've got to transfer it sounds like a lot of hassle for a possible better rate. We've already opened Bank Accounts with TD in Canada...
Forum: Canada
Oct 14th 2008, 6:00 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

I sorry to ask this question as I'm sure the answer will be somewhere within the 1579 previous posts to this thread, but which one!

That is a really good rate from HSBC. I used HiFX last week and...
Forum: Canada
Oct 10th 2008, 10:09 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

I said I wasn't going to look after getting 1.95 yesterday. But I couldn't help myself. I was gob smacked to see 2. With all this negative talk about the stock market and the UK economy I don't...
Forum: Canada
Oct 9th 2008, 4:53 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

Sounds good. I don't have any more money to transfer at the moment, so I'm going to try to stop looking at the exchange rate - I get obsessed, and if it goes up further I'll just kick myself.
Forum: Canada
Oct 9th 2008, 4:24 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

We decide to trade, we've been thinking about it the last couple of days. Just got 1.95 on £7,000 with HiFX - the rate shown on xe.com at the time was 1.975. Not sure if this was good or not, I was...
Forum: Canada
Sep 17th 2008, 10:47 pm
Replies: 2,672
Views: 291,618
Posted By IckleHelen

Re: Exchange rate

Why did it go up today?
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