Personal Finance Questions and Answers

Fees and exchange rate for sending money?

When transferring money between international accounts, is it better to send the money surrounded by the local or foreign currency to save on fees.

For example, HSBC UK allows transfers within either GBP or the foreign currency.

Please agree to me know which option have the better exchange rate.


Answers: For business or personal?
Im guessing its for business. We bank near HSBC and have a UK lb sterling as very well as a US $ Dollar account. That system we can buy the dollars on days the rate is great (bought loads when it was at 2.08 $/lb so you can acquire a good deal.
Then you simply wage the lb20 standard transfer charge.
it is better to use the currency of the country to which you remit.

I sold my home on 12-28-07 & paid interest (behind on pmts). Lender did not rec. until Jan, can I claim in 07?




Answers: if your closing occurred on 12/28/07, the interest shown on the HUD - 1 form goes on your 2007 taxes.

you are not responsible for delayed paperwork processing by the mortgage loan processor.
you can only claim what is on the 1098, the rest has to wait until next year's return

What would you do?

what would you do if yousaid to someone whats on the bottom of youre shoe and they lifted they're foot


and what would you do beside 1 million euros would u buy some naan bread or would you buy curry powder


Answers: wow, another one with a no no rubbish statement
That's all you get? Really?

What a waste.

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