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Printable version |
From: | "Craig Hoskin" <craig@infobahnz.co.nz> |
Date: | Mon, 1 Jul 2002 11:45:38 +1200 |
Agree Jerry
|the trading from a Foreign Currency Account, so there is no
|currency conversion
|every time you do a trade. Also, the Foreign Currecy Account
| pays a minimum
|interest rate of 3.50%, depending on how much is in the account.
Additionally, it costs nothing to setup the Foreign Currency Account, nor is there a minimum amount to start with. Quite an advantage when you consider banks such as ANZ and BNZ charge anywhere from 13-20 /mth just to have an Australian currency on call account
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