If you’re wondering how NBDB is going to make money if they don’t charge any fees, it’s important to point out that they will charge you a $100 account fee if you’re account is under $20,000, and that they will make money off currency exchange when you buy stock in US Dolla...
Another comparison point is fees for services like eTransfers, foreign exchange currency transfers, overdraft fees, or fees for automated bill payments. When it comes to our most recommended option of EQ Bank, their combination of low fees and high interest rates just cannot be beat. They’ve ...
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Ultralow Currency Transfer Fees Plus, EQ now offers the EQ Bank Card, a prepaid card that works just like a debit card and gives you the same high interest rate as their Personal account – as well as cashback on every purchase. We loved this account before it had a card, so you know...
Since it was a Sunday afternoon, the medical consultants and interpreters who would normally be manning these booths were away. Not a huge deterrent to me, since my budget for the week doesn’t exactly include plastic surgery! Also, there’s a KEB currency exchange booth located next to the...
Things will get crazy as some central banks tighten and others keep printing. These currency dislocations could lead to a currency crisis somewhere, but that is hard to predict. In any case, the insanity meter is in the red. WHAT ABOUT GOLD?
Nick, I don't agree with you on this one. You're thinking like an economist, which is great, but ignores the other side of the elephant. From the perspective of the practitioner working in financial industry, central bank balance sheets are important, now more than ever. Cu...
exchange and derivative gain was $6 million compared to $3 million in Q1. The benefit was mainly driven by the strong U.S. dollar relative to the RMB. As you know, the majority of our revenues as well as our reporting currency are in U.S. dollars where most of our costs are in ...
In other words, they created more currency/demand deposits with no loan/bond attached increasing the amount of medium of exchange. Also from the beckworth post, see the comments starting with Jazzbumpa about the amount of medium of exchange falling. ...
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