From: Gordon
Newsgroups: uk.local.essx uk.legal uk.finance
Subject: Re: Buying euros
Date: Tue, 20 Jun 2006 18:44:52 +0100
Colin Forrester wrote
>Gordon wrote:
>
>>>>> But there is no commission charge at the P.O. for buying or
>>>>>selling back
>>>>> Euros.
>>>>
>>>> No commission charges in many places - but do you check the x-rate?
>>>
>>> Indeed. The "no commission" claim is entirely meaningless, designed
>>> with the deliberate intent of misleading the gullible.
>> That's stating the bleedin' obvious, innit?
>
>Obvious to some - but a number of people I know are happy to boast they
>got their forex commission free - while completely ignoring the
>underlying exchanges rates and spread offered. When I ask them whether
>they got a good rate they have no clue and don't seem to care.
There is a spread at all the Bureaux D'Exchange, surely?
And some have % commission charges, that's why I mentioned the P.O.
especially for small amounts.
--
Gordon Harris
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