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Currency conversion
Old 04-10-2007, 12:30 PM   #1
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Join Date: Aug 2003
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I have about 40,000 british pounds in a brokerage account and I'm trying to figure out the best / cheapest way to convert that to US dollars. Calling my current broker and bank it looks like I could pay a fee of around 1% (in one case), or I can pay a spread, which also turns out to be around 1% in the other. There must be a cheaper way. Any advice?
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