If a customer receives a bank transfer in a foreign currency to his/her account it is standard practice to convert it into the currency of the account.
In bank
Yes. Most banks will convert your foreign currency cash into the local currency. They will do it only if you are either:A foreign national who is on a tourist trip to the nation and need local currency orYou were employed in a foreign country and are trying to convert your earnings abroad into the local currency for use.
If you pay with Paypal, it will automatically convert it to the foreign currency.
its very simple .. the method of converting the foreign currency in local curreny is called foreign currency conversion. for example your local currency is USD and u have a foreign currency GBP n u want to convert the GBP in USD.then u will convert the FCY in ur LCY . it took some bank charges in this conversion.. called conversion charges
To get the best foreign currency rates you should go to a bank as there is minimal charges involved. Also, you can choose from a wide array of foreign currencies and also get the approval within hours.
As part of the United States, they use US currency. For travelers to the island there are ample opportunities to convert foreign currency.
No, everyday stores and such will not accept foreign currency. I do know that most airports and some banks will convert foreign currency into American currency, but their is usually a hefty fee associated along with it!!
Lakhs and Crores to Millions and Billions
Just google "currency exchange rates" and you will end up with lots of answers. :)
When looking to convert currency from foreign currency then it is possible to do this online. There are websites that offer free currency calculators for anyone to use. The Oanda, Post Office, Travelex websites are just some of the websites online offering a free foreign currency converter.
Many major banks and financial companies such as Wells Fargo, Citibank, and American Express allow customers to purchase foreign currency online. One can also go to websites like Travelex, Foreign Money, and eZforex that specialize in the sale of foreign currency.
That depends on where you convert them into Euros. Figuring out the best way to convert U.S. dollars into foreign currency is about as easy as predicting. The GoCurrency currency converter has been the trusted exchange rate provider.