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What is the difference between a foreign transaction fee and a currency conversion fee?
A foreign transaction fee is charged by your credit card company for purchases made in a foreign currency, while a currency conversion fee is charged for converting one currency to another.
What is foreign currency conversion?
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
Compare prices of us currency with foreign currency?
go to xe.com, its a currency conversion site.
What does foreign currency means?
Foreign currency is basically currency or denomination of another country. The term is mostly used in context with foreign exchange also known as forex. There are a number foreign echange specialists like Travelex India etc that do currency conversion.
What does it mean for an Oanda FX?
An Oanda FX is a foreign currency converter or conversion. It provides information regarding foreign exchange currency including conversions, transfers and exchange.
What service do a foreign currency broker provide?
A foreign currency broker helps with investment and international trade by authorizing currency conversion. In April of 2010 the daily average turnover for the global foreign exchange was estimated at almost $4 trillion.
What is mean forex?
FOREX is short for Foreign Exchange. It is the conversion of one country's currency for another.
What is Pakistan's current Foreign remittances rate?
The conversion rate varies depending on the currency of choice.
What do you mean by foreign exchange?
Foreign Exchange is Exchange between two currency.
Who would use foreign exchange trading?
Foreign exchange trading is done on the foreign exchange market and allows for conversion of currency. Participants include banks, corporations, and speculators.
Does Bank of America buy foreign currency?
Yes, If you want to get taken. There is a hidden 8% surcharge in there conversion tables that they don't tell you about. Quite steep. Go to their foreign currency page and compare to a google search for the same.
What sort of services does forex trading offer?
Forex trading relates to trading foreign currency for profit. It provides currency conversion to aid international trade and investment.
