Information needed ASAP !!!!
#1
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Join Date: Apr 2011
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Information needed ASAP !!!!
I will soon be moving over seas to Greece due to my job. I have most of the information from my employers, but they failed to tell me one important fact. I want to know how would I transfer my money from American dollars to euro's. If you could please let me know how to do this I would be greatful! Thank you in advance!
#2
Join Date: Nov 2008
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Is your salary gonig to be paid in $s? Or is this existing money you will want to change?
I'm in a similiar position, live in Greece with income from the UK & I used to be in banking, so I'll help where I can!
I'm in a similiar position, live in Greece with income from the UK & I used to be in banking, so I'll help where I can!
#3
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Are you saying that they will still pay you in $$$'s into a US bank account whilst you are working there? If so, make sure that you have your debit card to go to any ATM and that you can use to pay bills if this a limited time secondment.
If this is a long term arrangement, then they need to pay you in euros into a Greek account.
If this is a long term arrangement, then they need to pay you in euros into a Greek account.
#4
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If this is your salary being paid in US $ then I hope you have negotiated a big pay increase as you are being required to shoulder all the exchange rate risk if the Euro appreciates substantially against the US $.
#5
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Avoid money changers like the plague
easy to get ripped off up to 30% on exchange.
Capitalone.com Visa Venture CC works well 0 exchange feed
always get best daily FOREX rate can be found on coinmill.com
Working with any big bank of quality like
www.UBS.com/US or similar helps me with
currency value preservation strategies they can
denonminate in Euros from my account easily.
Prefer to keep most assests in swiss francs (CHF)
to insulate against euro devaluation due to the
PIGS(Portugal Ireland Greece and Spain)
and us dollar which has lost over 50% of its value
against the Swiss Franc over the last 10 years.
easy to get ripped off up to 30% on exchange.
Capitalone.com Visa Venture CC works well 0 exchange feed
always get best daily FOREX rate can be found on coinmill.com
Working with any big bank of quality like
www.UBS.com/US or similar helps me with
currency value preservation strategies they can
denonminate in Euros from my account easily.
Prefer to keep most assests in swiss francs (CHF)
to insulate against euro devaluation due to the
PIGS(Portugal Ireland Greece and Spain)
and us dollar which has lost over 50% of its value
against the Swiss Franc over the last 10 years.
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Matrexx
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Aug 14th, 2005 10:21 AM