Author Topic: buying GBP (Read 2635 times)

lance · « **on:** January 09, 2010, 10:51:12 AM »

Someone was saying the other day that they buy GBP when the rate is low i.e at the moment 2.34 tl and when it goes up they buy tl ,when i mentioned this in finans they said they could do it but they would have to shut my a/c down and when i buy back into tl open it up again, surely i wouldn't have to do that if i only took some out would i ,also i would lose 10 days interest sensible answers only please ,scunner ,andy go shopping or go dig the garden .

kevin b · « **Reply #1 on:** January 09, 2010, 11:43:52 AM »

Change your bank Lance.Contact Alper (banker) for some advice he is good

Scunner · « **Reply #2 on:** January 09, 2010, 11:51:01 AM »

You can't just take money from one account and change it when the rate looks good Lance, you are locked into a high(er) interest account. If you withdraw it, move it or exchange it, your account is dead - unless you do it all on Turkey's most important day, Interest Day - when for one day a month nothing will prevent British people getting to the bank.

Sorry, I can't dig the garden, I haven't even see it for over 2 weeks.

captainjon · « **Reply #3 on:** January 09, 2010, 19:31:31 PM »

Hi Lance,You can buy and sell currencies,sterling,or lira,but not with money from your High interest acc as scunner says.What you need to do is have money in a daily interest acc,(lira)which you can withdraw daily up till 1pm mon to friday.It will earn you interest but not as much as a high interest savings acc.If you are with fortis,Alper will then act for you via email,or txt and buy or sell as instructed.If you bank elsewhere make the same agreement with them.good luck.But you would probably make more money digging someones garden.good luck

stoop · « **Reply #4 on:** January 10, 2010, 01:38:53 AM »

Just spend it Lance - you know it makes sense!

banker · « **Reply #5 on:** February 02, 2010, 09:43:32 AM »

Buying Gbp rate is around 2.375 now

fyi

regards.

alper

Steve A · « **Reply #6 on:** February 02, 2010, 12:38:54 PM »

I am with Finans and I do exactly this but Iam not on a high interest account.

banker · « **Reply #7 on:** February 02, 2010, 14:06:33 PM »

If you arrange your timing good this is a good way to earn

c1 · « **Reply #8 on:** February 02, 2010, 18:08:39 PM »

why buy sterling ? As the way the values of the pound is going people will be giving it away.

banker · « **Reply #9 on:** February 03, 2010, 07:19:50 AM »

If you follow rates today you will see why

yesterday buying gbp rate was 2.375 and now selling rate is 2.375

Author Topic: buying GBP (Read 2635 times)

Share me