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foreign currency account?
i am student in malaysia
who knows how i can open foreign currency account to recieve money from uk as i am student
Take a bus to Singapore and open an account with a bank like Citibank or HSBC. I do not think that the banks within Malaysia operate foreign currency accounts.
Any banking experts out there?Do you know if I were to transfer GBP from UK to A$ in Australia by TT, would I?
eventually get the best yield, by having the remitting bank send GBP or A $? Don’t you usually get best rates for a currency in it’s country of use(australian $, in this case), rather then in a foreign country where (UK,GBP) where many currencies are available?
Generally speaking, yes you do get the best rate using the country of use denomination, but the critical point here is what the sending bank’s rate of exchange is. Without that piece of info, you can’t really make an informed decision.
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Duration : 3 min 32 sec
Peter Hotez Foreign Exchange 526
Dr Peter Hotez discusses neglected tropical diseases and the relatively cheap solution to cure nearly 1.4 million people who are infected
Duration : 5 min 37 sec
Foreign Exchange Morning Update - World First 20.07.09
More Updates at http://www.worldfirst.com/blog or follow us on Twitter at http://www.twitter.com/world_first
Duration : 3 min 59 sec