Post by raymondmcdonald on Jul 4, 2018 12:52:37 GMT
Digital world technologies has brought a boom in foreign exchange trade. Buying and selling of outside currency has become much easier. The person who tries to buy forex in olden days, use to go to agents of banks and private money lenders. These days buying forex with minimal documents at your door step is possible. Following are the tips for buying foreign exchange. • Take 3/4th of the expected cash that you are going to spend during your stay. • Whenever you buy anything, its best to compare rates from different vendor. In foreign exchange even a point difference can make a huge margin. So compare when you buy. • Keep an alternate source of forex such as travellers cheque, other bank travel card etc. • Always buy from a legitimate source. There is always high chances of getting fake notes in foreign currency.