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Can UK money be deposited in US bank account?

Yes. Most major banks in the US accept deposit of foreign currency notes. The point to note here is that, the deposit accepting bank would convert the foreign currency into the local currency (US Dollar) at the prevailing exchange rates, before crediting the money into your account.


What foreign currency is closest to US Currency?

Pounds too.


What is the full form of FCNR?

FCNR stands for Foreign Currency Non-Resident account. It is a type of bank account in India that allows non-resident Indians (NRIs) to deposit foreign currency in designated currencies. The funds in FCNR accounts are fully repatriable and are usually maintained in major foreign currencies like US Dollar, Euro, British Pound, etc.


Compare prices of us currency with foreign currency?

go to xe.com, its a currency conversion site.


what is trading and what are the types of trading?

Currency trading is buying foreign currency and converting it to your currency. Foreign currency when converted to US currency is worth more than the American dollar. In order to do this you need to know the exchange rates.


Are there any US Banks that provide foreign currency denominated deposit accounts if so which?

Yes, EverBank.com provides foreign currency deposit accounts.


Where can l exchange Budapest currency for us currency?

You can exchange Budapest currency for US currency at most banks that exchange foreign currency. You can also make this exchange at places like currency kiosks at international airports.


What is Honolulu's currency?

As part of the United States, they use US currency. For travelers to the island there are ample opportunities to convert foreign currency.


Does us mint print foreign currency?

The US Mint is responsible for the production of US coins.It does not print currency. The Bureau of Engraving and Printing is responsible for the printing of US currency and other government related securities.


Will any us bank convert your foreign money?

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.


What does it mean of bringing foreign capital into home country and converting it into the domestic currency?

exchanging foreign money for us


Are there disclosure requirements in the US that govern the reporting practices of foreign currency transactions?

Yes the SEC as of 1997 does require disclosure from organizations that are participating in foreign currency transactions. One reason being the exchange rate between that foreign country and the US and how that currency could change and result in an unanticipated gain or loss for the organization.