“Forex trading platforms allow you to convert and transfer your money for minimal charges and are perhaps the best way to do so. You may want to consider Interactive Brokers as a forex platform (but do shop for other forex trading platforms in your jurisdiction). You can do all sorts of currency conversion with Interactive Brokers, and it has extremely competitive spreads. For certain currency conversions involving the US dollar, the spread can be smaller than 1 pip (1/10,000th of dollar or 0.01%). Moreover, you can execute limit orders. These spreads are attractive considering most banks operate at a spread of about 2.5-3%.”
http://www.internationalman.com/articles/getting-the-best-rates-on-currency-conversions
Related posts:
A Shoe Tariff With a Big Footprint
'Why I gave up my US passport'
How long copyright terms make art disappear
The Ultimate Layer of Financial Protection
Why Whiskey Was Money, and Bitcoins Might Be
Senior Italian parliament economist on Ludwig von Mises and the current economic crisis
Vitalik Buterin on Cryptoeconomics and Markets in Everything
Strategies Overseas Retirees Need to Handle a Multi Currency Lifestyle
It Won't Stay in Vegas: The Metro PD's Homeland Security Theater
The Liefare-Warfare State: A History Of U.S. False Flag Events
Obamacare and the New Soviet Man
Paul Craig Roberts: Coup d’etat
A congressional speech on the centennial of the Expatriation Act of 1868
The Financial Case for Borrowing Money Today
Doug Casey at Libertopia 2012