Archive for Currency terms explained

Open a Foreign Exchange Account

Open a Foreign Exchange account It is very easy to open a foreign exchange account with FX-foreign exchange and Global Currency Exchange Network. There are just 3 simple steps : 1. Visit fx-foreignexchange.com and follow the simple form to open an account. Once you have pressed “submit”, fx-foreign exchange will receive your application immediately. 2. [...]

Types of FX Contracts useful to Businesses

Types of Contracts in Foreign Exchange There are many methods of performing currency exchange. Fx-foreignexchange provide currency conversion services for corporations and private clients. The types of currency contracts mentioned here apply to both business and private clients. The following are just some of the methods we use to mitigate risk when helping our clients. [...]

Currency Codes list

With so many country codes, worldwide, we thought our visitors would find it useful to be able to search currency codes by country.  Fx-foreignexchange.com provides currency conversion for commercial amounts at commercial rates. Whether you are a business looking to make a regular payroll transfer, payments to your suppliers, or a private person moving a [...]

Currency Conversion, Use a Specialist

Use a specialist business to make your currency exchange and save a great deal of money. Using a bank to transfer your money abroad can be a costly, as they tend to charge commission and a transfer charge, whereas most specialist currency exchange companies rarely make these charges. In addition, a high street bank is [...]

Use Your Card for the 1st Property Deposit Abroad

How to beat the currency exchange system with credit card payments on property purchases. Pay your overseas property deposit with a credit, or debit, card and get a better rate of exchange than you would by using the card abroad. If you find yourself in the fortunate position of being able to buy that property [...]

About the Euro

The euro has been the single currency of the European Union since the 1st of January,1999. It was adopted by 11 European States and other Countries have followed since.The currency exchange rates were fixed for the Euro, along with the last day for the individual currencies of each of the Member States and they were: [...]