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Bridgetown Botanicals Shop: Bridgetown Botanicals

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Offlinech1ck3n.s0up
Troubled Loner
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Registered: 10/03/08
Posts: 2,573
Loc: Hunting Fungi
Last seen: 2 years, 6 months
Foreign Currency Trading: Minimize Exchange Fees
    #21880431 - 06/30/15 09:56 PM (8 years, 6 months ago)

I'm looking for a way around the horrible forex fees. Any ideas?

- Airport kiosks and Travelex rape you with a 14% cut
- Banks seem to charge 5-6% on each side, taking a 10-12% round-trip cut.
- These fees are often hidden and buried in their buy/sell price

Any suggestions? This is ridiculous.


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"Inspiration ~ Move me brightly ~ light the song with sense and color ~ hold away despair ~ more than this I will not ask ~ faced with mysteries dark and vast ~ statements just seem vain at last" --Jerry Garcia, Terrapin Station

"Officer, I'm going to remain silent, and I would like to speak with a lawyer. I'm not resisting, but I don't consent to any searches.


Edited by ch1ck3n.s0up (06/30/15 09:57 PM)


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InvisibleLana
Head Banana
Female


Registered: 10/27/99
Posts: 3,109
Loc: www.MycoSupply.com
Re: Foreign Currency Trading: Minimize Exchange Fees [Re: ch1ck3n.s0up]
    #21882010 - 07/01/15 08:37 AM (8 years, 6 months ago)

Sadly, there aren't many ways around paying an exchange fee.

If you look online and see the spot price for a currency, that is simply the currencies value.  No one ever gets those rates. 

Lana


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http://www.MycoSupply.com

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Bridgetown Botanicals Shop: Bridgetown Botanicals


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