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I dont understand the banking system.

Дата: 16.08.2011 08:44:03
View PostStumanaus, on Aug 16 2011 - 07:32, said: Paypal??
I'd rather have my bowels removed with a hacksaw than deal with those criminals.

Tanitha: The banking system does the currency conversion, not war-gaming.
It will vary a lot, depending on which bank does what processing.
Banks wont do any conversions without making a small cut/profit out of it.
There is a real rate.
A rate for selling notes.
A rate for buying notes.
A rate for electronic transfers buying.
A rate for electronic transfers selling.
Etc ETc.. for each bank / banking system..
Some even charge $5 for each foreign currency transactions on top..
Renaming thread to be accurate, and closing the thread since this isn't specifically related to Oceania.

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