Friday, January 20, 2012

Major Currency

Currency, common name for national monetary units. U.S. currency is U.S. dollars (USD), Denmark is the krone (DKK).

The vast majority of the world around. 200 nations have their own currency; 12 European countries, however, 1.1.2002 replaced their national currencies with the euro common unit (XEU), while a number of smaller countries in other regions have linked their currencies fixed to a leading internationally used currency, usually either $ or XEU.Currency Market where one country's money exchanged for another country, has existed since ancient times.

Popular Currency Profiles

  • EUR - Euro
  • USD - US Dollar
  • GBP - British Pound
  • AUD - Australian Dollar
  • INR - Indian Rupee
  • CAD - Canadian Dollar
  • AED - Emirati Dirham
  • CHF - Swiss Franc
  • CNY - Chinese Yuan Renminbi
  • MYR - Malaysian Ringgit
  • NZD - New Zealand Dollar

Tuesday, January 10, 2012

How To Exchange Currency

Currency Exchange
What is the currency exchange?
Currency exchange
Refers to the exchange rate will be in accordance with certain foreign currencies, traveler's currencies convert into local currencies or local currencies convert into foreign currencies of a transaction.
First with the RMB against the U.S. dollar, then the dollars into Thai baht, Singapore dollar or the Swiss franc - the currency used to go to some small countries and regional tourism, a variety of public money had to go back to change, not so much trouble now . Reporters learned from the Bank,under normal circumstances, people need to carry my ID card or an immediate family agency (for parents), can be directly counter to the bank for the euro, dollar, British pound, Japanese yen, Australian dollar, Canadian dollar, Swiss franc, Thai baht, Singapore dollar, Philippine peso, Swedish krona, Danish krone and NOK 15 kinds of currency notes.
Where to currency exchange?
● set up within the airport terminal to provide currency exchange services, foreign bank branches or agencies on behalf of exchange;
● the hotel offers currency exchange services and other agencies on behalf of exchange;
● Provide a currency exchange service banking outlets. Normally, banks in the network is open between 9:00 to 18:00, based on their locations, bank outlets, there are differences in their respective banks and other differences;
● some places to set up self-service machines can exchange your currency is blended with 24-hour service. Usually provides currency exchange service agencies have a "currency exchange (EXCHANGE)" logo.
How to Exchange Currency?
Most agencies will offer U.S. dollar, euro, yen, dollars, pounds exchange service. Most of the bank outlets of other countries can also provide Swiss franc, Singapore dollar, Swedish krona, Danish krone, Norwegian krone,Canadian dollar, Australian dollar, MOP, Philippine peso, Thai baht, Korean won's exchange service

Sunday, January 8, 2012

Market News


To view the most recent indicators and associated financial news visit Forex calendar that contains the latest developments in the global market.

Global events affect the international market of Forex. The Strictly speaking, world events affect the forces of supply and demand, which in turn affect the Forex Market. World events (political, social, governmental, etc.) and other economic factors moving the forces of supply and demand constantly, which in turn affect the price of one currency against another.

 Keeping up with what is happening in the world is a smart negotiating strategy, because we see that in continuing the international Forex market fluctuates immediately after the occurrence of significant events and / or communicate important financial reports. The country's size and frequency of new announcements / reports deciding the amount, and therefore may be useful (at least initially!) To trade currencies of economies that make several announcements (eg: USD, EUR, JPY, GBP , CHF).

Useful Information:

Always remember that the more healthy is a state, the better its economy (and thus the stronger the currency)! Health is measured (along with other factors) than the rates of employment, retail sales, capacity utilization and gross domestic product. Also measured by low government deficits and by small fluctuations in inflation.



For that you decide how healthy is a state, look at the reports to: (The following examples are from the U.S. market)

     * Increase in employment
     * GDP - Gross Domestic Product
     * Trade Balance
     * Decisions of Interest
     * Retail Sales
     * Durable Goods
     * Inflation Reports
     * Report on Foreign Markets (TIC Data)


 What do the reports? Here are some examples:

employment:

The weekly Jobless Claims notified and count the number of people submitted applications for unemployment benefits for the first time. The fewer people are applying, the better the economy, because the unemployed tend to spend less, which has an adverse influence on the economy of a state.

US: Non-Agricultural Payrolls announced monthly and count the number of new jobs created (apart from agriculture). The more new jobs, the stronger the currency of the country, because the most work, the more you earn, and therefore are likely to spend respectively more

Friday, January 6, 2012

Send Money Online

Money online can be done in many ways. You can use the Internet to transfer money to another person or using the Internet to transfer money to one of your bank accounts. Wiring money to a person or bank account can be done almost immediately due to secure Internet connections operated by reputable companies such as MoneyGram, Western Union and PayPal. It may be necessary to transfer money online to pay a bill or help a friend or family member with a financial matter. Companies such as MoneyGram and Western Union authorize money to be carried directly from a bank account from their natural locations, where the transferee can collect the money.

These companies also allow the sender to send money by using debit or credit card via online account access.

This is what you need:
Internet access
Bank account (or debit / credit card)

About  the Western Union service

Transfer money to Western Union
1. Transfer money to a friend or family member, or use it to pay a bill expected soon from the use of Western Union website online. The site was included in the "References" at the end of this article.
2. Select "online" option. Then enter the country you want to send money to and the person's name and location. Fill in the amount of money you want to transfer.
3. Select "Continue" and choose if you're a new customer or returning customer. If you already have an account with Western Union, you can proceed to transfer the money. If not, you will be prompted to create an account with Western Union, which will include personal information such as name, mailing address and bank account to log in.
4. Verify the amount and verify all information is correct. You'll also be able to choose from a selection of Direct bank account (which sends the money in three to five days in the bank account of the person) or an instantaneous transport (which requires the recipient is present in the region of Western Union to get the money).
Send the request to transfer money. You will receive a confirmation e-mail to verify that the transfer was successful. The person who sent you the money to be contacted.

Money Transfer with MoneyGram

1. Use MoneyGram to transfer money to another person online as well. The site eMoneyGram included in the "References below this article. Login or create an account MoneyGram. You need to provide personal information such as address, name and bank account information to complete the transfer.

2. Estimate the cost of transporting the MoneyGram estimator, which is next to the registration page when you click "Register" or "Join in."
3. Enter information about the person you want to send money. Money can be sent to the authorized MoneyGram locations, including directly into bank accounts.

4. Confirm information and submit the request to send money. You will receive a confirmation e-mail and the recipient should be informed that the money transferred.

Transfer money via PayPal

1. Visit Paypal, available in the "References" below. Click to send money. Enter the recipient's e-mail or mobile phone number. Enter your e-mail or mobile phone number.

2. Enter the amount of money and the type of transport, such as whether it is a gift or deposit. Click "Send Money."

3. Log into your Paypal account to complete the transaction or create a free account PayPal. Click to send funds from your PayPal funds available or a linked bank account.

4. Confirm the transfer and click "Send Money." The recipient will receive a message that there is money waiting for her. Will be invited to access the money through an existing PayPal account or create one to access the money.

Transfer money between your bank accounts or Bill Payments

1. Create a bank account online with their main bank. Most national banks have online banking access. You can also create a bank account online banks like ING Direct.

2. Link another existing bank account for your online banking account. This could be a savings account, checking account or an online payment service bill, such as those used for credit cards.

The connection will vary from bank to bank. You will receive instructions on how to tie specific bank account. Most accounts will require a username and password, and routing and account numbers for online accounts.




About the NETELLER service for money transfer
What it are?
NETELLER's services for money transfers are a quick, easy and secure way to send money online. NETELLER's services for the transfer of money, which is accessible via the free payment account NETELLER eWallet is a low-cost alternative to traditional methods of sending money.
The service for transferring money, move money directly from a NETELLER eWallet to another. Because the money stays within our system you can avoid delays and extra charges that banks and other financial charges to move money.

How it works?
Send Money
With NETELLER's services for the transfer of money you can safely send money online to anyone in the world in five easy steps, regardless of whether the recipient has an eWallet or not.
First Sign up for a free NETELLER eWallet
Second Log in to your NETELLER account
Third Choose "Money out" in the navigation on the left side and click on the "Money Transfer"
4th Enter recipient's email address, amount and currency and, if you will, a personal message
5th Click on send - money leaves your account immediately and displayed on the recipient's account and you both get an email confirmation of transfer
If you do not know what currency recipient NETELLER account has or knows that he still does not have an account, we suggest you choose your NETELLER account currency to avoid paying extra exchange fees.
Receiving Money

The only thing that is easier than sending a money transfer is to receive one. All you need to do as a receiver, if you already have an eWallet, is to:

First Open the email message for the transfer of money
Second Log in to your NETELLER account. The money is instantly available
Third Use the money on other sites, send them to someone else using our service, money transfer or withdraw money with a variety of different withdrawal options, including bank transfers, checks and our free Net + Prepaid MasterCard ® *
* You must confirm your eWallet account before you can withdraw money from it.
If you do not already have a NETELLER account, you will receive an email informing you that someone is trying to send money to you, along with instructions on how to register for a free account. You have 30 days from when the money is sent to create a NETELLER account and receive money. Once your account is created you will have access to the money sent.
Fees
No hidden fees
NETELLER money transfer is a fast and inexpensive way to send money. The sender pays a transfer fee of 1.9%, with a minimum charge of $ 1. The fee is deducted directly from your NETELLER account before the money is sent to the recipient.
Foreign exchange
if the currency of the recipient's NETELLER account is in a currency other than sending the beneficiary pays a conversion fee of 2.5% when the transfer of money received.
Currencies
* U.S. dollar - USD ($)     * Australian dollar - AUD                           * Hungarian Forint - HUF (Ft)
* British pound - GBP (£) * Swedish krona - SEK (SEK)                     *Bulgarian lev - BGN (Đģв)
* Euro - EUR (€) * Danish krone - DKK (£)                                       * Lithuanian Litas - LTL (lt)
*Japanese Yen - JPY (¥) * Norway Kroner - NOK (NOK)                 *Latvian Lats - LVL (Ls)
* Indian Rupee - INR (Rs) * Polish Zloty - PLN (zł)                             * Romanian Leu - RON
* Canadian dollar -CAD ($) * Mexican Pesos - MXN
Limits

How much can I please with the service for money transfer?

The amount you can send via this option depends on your and the recipient's account status with NETELLER.
If you have not confirmed your account, you can only use the service for the transfer of money once, to test the system. After using it once, you must verify your account to continue using the system.
How to raise money for charity online

 The Internet has exploded in charitable fundraising scene, and has become a very popular way for charities to raise both money and gain wider support for their efforts. In fact, the majority of charitable donors actually prefer giving online rather then through the mail. Enjoy the efficiency and speed, and can follow their donations, which is an added plus. Given all the new medium has to offer fundraising, should now only show imagination in ways you can use.

1. Create a website for your charity, it would open the door for contributions, and is very critical step. Go to one of the sites listed below for the steps you follow to create your own fundraising webpage you, as well as giving you the ability to accept donations by credit card. Finally, search engines will direct interested donors for your site if the name clearly. Take plenty of time to decide the name of your website, since it is a critical part of marketing.

2. Get many people to come to your website. If your appeal is local, email people in your network of friends that will be open for business and tell them to come to your site for more information. Also considering the purchase of «opt-in email lists of people known interest in your cause. The more advertising you do, the more legitimate your appeal will be, especially if reinforced that contributions will make a difference in your community.

3. Decide how to collect money. The sites below will explain how to accept credit card payments. Additionally, you may contact www. paypal. com for information on how clients can contribute to your charity. However, some people still hesitate to do financial business online. Should be given information about how to contribute to control, and should send them a proof that they contribute in this way.

4. Thank your donors for their support. Besides this way to your website, send a personalized thank you note to people who have contributed over a certain level. For larger contributions, you might consider asking to thank them, because your call will not be expected. The reason for showing gratitude is that these people are likely to help again

5. One of the main features of your site will link back to the national charity with which you deal. There will be a plethora of useful information on how to use the donations, and will include many reasons why a contribution is so important. The national website can be very useful for the substantial increase in the level of the average donation.

 
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