Buying FX to finance your import?
#2
I used www.currencies4less.com to pay the deposit on my car in the form of a spot contract and got 1.63 Euro's/£. I then arranged a forward contact for the balance and achieved 1.625 Euro's/£.
Nice and efficient and helpful when I needed anything clariying.
laters
stu
Nice and efficient and helpful when I needed anything clariying.
laters
stu
#3
I have done this a few times recently, I contacted a few of the supposed experts in this field who in fact offered pretty bad rates and in the end I just used my Bank as they gave me the exchange rate and not the Tourist rate. But if the rate is high now and you wish to secure it, in case it drops in the future then I think that currencys4less will do this. I'm not sure what they charge for this service.
hth ian
hth ian
#7
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Join Date: Apr 2001
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Tried a few places for both deposit (spot buy) and finial playment (forward contract) and the best price came from my own bank First Direct. There were every helpful.
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