From: "TheScullster"
Newsgroups: uk.finance
Subject: Can My Employer Pay Me in Dollars?
Date: Thu, 8 Feb 2007 08:50:54 -0000
Hi all
I am currently employed by a UK company that is owned by an American one.
General payment is in GBP straight into bank account.
Employees are likely to receive a bonus in the next few months and this is
calculated as a percentage of an overall "pot" of dollars.
Bearing in mind the current exchange rate, is there a mechanism whereby I
could set up a dollar account, take the bonus in USD and wait for
improvements in the rates?
We are talking a few thousand dollars in 2 installments if that makes a
difference.
TIA
Phil
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