Ridiculous fees charged by ASB securities

[stoploss]

Maybe John Key helped cause the problem ????!!!!!
Well that's where he made his miillions after all.!!!!!

Percy I know that is tongue in cheek , he never worked in NZ with a bank that had retail customers/ FX trades, he was good enough not to have to rely on the travellers cheques coming through to turn a profit for the day .....
I doubt the govt would do much Liz this is a pretty competitive industry with many players in it .
If you are looking at doing a currency transfer I have dealt with this company . Rates very close to spot.

http://www.directfx.co.nz/About+Us/Contact+Us.html

Cheers S/L.

[zb3]

Percy I know that is tongue in cheek , he never worked in NZ with a bank that had retail customers/ FX trades, he was good enough not to have to rely on the travellers cheques coming through to turn a profit for the day .....
I doubt the govt would do much Liz this is a pretty competitive industry with many players in it .
If you are looking at doing a currency transfer I have dealt with this company . Rates very close to spot.

http://www.directfx.co.nz/About+Us/Contact+Us.html

Cheers S/L.

Hi Stoploss

Thanks for that. Does it end up cheaper overall than using ASB securities? Even if you convert with directfx, asb securities charges 1% to deposit foreign currency into your foreign currency account.

[stoploss]

Hi Stoploss

Thanks for that. Does it end up cheaper overall than using ASB securities? Even if you convert with directfx, asb securities charges 1% to deposit foreign currency into your foreign currency account.

Banks charging you money to deposit funds with them ....look at all the advertising for mortgages
at the moment , change bank bring your mortgage and they pay YOU upto 3K . I think the simplist thing to do
as mentioned by others set up a OMCA ac . Leave the Aud as Aud then you only get hit when you do the original trade .

[percy]

Percy I know that is tongue in cheek , he never worked in NZ with a bank that had retail customers/ FX trades, he was good enough not to have to rely on the travellers cheques coming through to turn a profit for the day .....
I doubt the govt would do much Liz this is a pretty competitive industry with many players in it .
If you are looking at doing a currency transfer I have dealt with this company . Rates very close to spot.

http://www.directfx.co.nz/About+Us/Contact+Us.html

Cheers S/L.

Caught out yet again.I can't get away with anything now days.!!!!!!!!!!!!! lol.