Yeah sorry i wasn't aware that you're still affiliated that much to your currency (got the queen on the coins?)
wrote:A common currency would do nothing for money transfer between International banks.
BS. One of the main reasons for the € was the easier transfer, compared to single currencies. No time delay for conversion, no conversion losses/gains, etc. .
wrote:BS. One of the main reasons for the € was the easier transfer, compared to single currencies. No time delay for conversion, no conversion losses/gains, etc. .
BS. Transfers like this is fully automated and handled by the banks IT-systems. Exchanges rates introduce an uncertainty, but then the fee should be calculated as a percentage of the amount, not a fixed fee. Or the transferee simply has to authorize like +10% of the amount to cover daily rate fluctuation.
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