INTL Exchange

I am trying to buy flowers in Australia to deliver to a friend, and I am using a local florist that has an online ordering system. The only problem is is that all the prices are in Australian dollars and I was wondering how it is going to work when I try to use my credit card number to buy the flowers?

I just called my bank and they said there will be a 3% currency exchange charge and there is no minimum charge so so I can buy something for 5dollars and it will just be 5.15 or 500 and it will be 515 as far as I can tell, does that sound reasonable and correct to everyone? i was worried that you had to exchange a minimum amount of dollars like 200 or something and if you bought something less than that it would still exchange the full 200 or something
i’m not worried about any percent fees but any big flat fees or minimums on exchanges would really suck

You would pay the 3% plus probably come out on the short end on the rate of exchange. Not so bad.

The cheapest way, I think, is if you pay with PayPal against your checking account — then you just have the exchange rate ‘loss’ to pay for. If they don’t accept PayPal, or you don’t have an account, just use the credit card. It’s no big deal really.

Chinese yuan new world currency? written by Jim Willie CB:  The number of policy actions is impressive. While the USGovt is busy stepping backwards with FASB rules enabling false bank accounting, gearing up Treasury programs to direct colossal elite welfare / confiscation to failed banks responsible for the crisis, covering up Wall Street fraud and regulatory lapses and debt rating agency collusion, and ordering pork like the $9 billion high speed train from Disneyland to Las Vegas, the Ch
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I always assumed that you needed to use an online dealer/broker if you wanted to make money through Forex (foreign exchange market).

But then I came across this webpage:

http://www.ehow.com/how_4928810_money-foreign-exchange.html

That basically says to exchange currency at a bank yourself, in person. I just want to know why this wouldn’t work. Obviously you wouldn’t have the benefit of leverage, but this would also minimize the risk.

For one thing, there’s no dealer to automatically cancel your existing trade in case you start to lose more money than you can fund, so you could wait for the currency to rise in value again before trading.

Also, you wouldn’t have to lose out on the spread that the dealer makes a profit from.

But what about the fees that banks charge for currency exchange? And is a bank going to be the most economically-efficient place that you could go in order to exchange currency?

Could you actually start to make significant profits through forex by exchanging money yourself through a bank or somewhere else where you could exchange one country’s currency for another’s … instead of going through an online broker?

It can be done, but…. You couldn’t "trade" with any degree of frequency because the spread is beyond awful, maybe as wide as 200 pips fir EUR-USD.
Some banks outside of US allow you to keep money in a currency of your choice and you can switch it every so often. This is, for all practical purposes, longer term trading.
As far as leverage goes, you don’t have to use it with your forex broker and still do good. Read this.

So i just got back France with my girlfriend and i noticed I still have several hundred Euros in my wallet that I forgot about. I live in Oklahoma.. So i highly doubt there’s an exchange office anywhere around here, but what i’m wondering is if there’s an online site that excepts exchanges through the mail?

So far my google searches havn’t found too much

Ask your bank or one of the banks in the area

by Hass67 The choice of the right currency pair in forex trading is very important. Many traders make the mistake of shaping opinion around only one currency, ignoring the other currency in the pair. US Dollar is the most important currency in the global economy. It is heavily traded against other currencies like Euro, British Pound, and Yen etc. Many trader trade currency pairs involving USD. They make the mistake of only studying US Dollar while ignoring the other currency in the pair.
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I want to buy something from a US store online. Does the credit card company use the current exchange rate or do they have their own rate?

They use the current exchange rate on the date that your transaction is posted. Most credit cards also charge an additional 3% service fee on foreign exchange transactions.

Philippine coins and things like that? Prefer none of the online sites. Any help is appreciated.

either at your bank, or there used to be a money exchange center in horton plaza, not sure if it’s still there?

by Hass67 The choice of the right currency pair in forex trading is very important. Many traders make the mistake of shaping opinion around only one currency, ignoring the other currency in the pair. Most of the trades involve US Dollar as either the base currency or the counter currency. Many traders make the mistake of only studying the economic factors that have the potential of affecting dollar. In the forex market, this neglect of the foreign economic conditions can greatly hinder the
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I have no bank account-does ebay wire $. It is a precious metal in currency form, bank?

Banks in the US won’t exchange them because it is not circulating money from Canada.

If you’re in Canada they would exchange but only for $50.

Like others said a jeweler is the fastest, they’ll weight and test it and give you 90% of it’s value about $530.