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Reply to topic SFP - how do you choose to receive it?
SFP - how do you choose to receive it?
Fat Hill


Joined: 03 Aug 2008
Posts: 3858
Location: Omnipresent
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You lot, yeah, you, the ones with land. How do you receive payment? Euors or Sterling? If you decided to take payment in Euros, would you have been better off (esp last year when Sterling collapsed vs Euro) This year, do you take a chance and hope that Euro collapses vs Sterling? would you like to be able to trade currency at better rates than banks offer? Could you make more from your SFP?

I know a chap called Chris Birts who looks after Agriculture at World First - he is an Foreign Exchange dealer basically, but he is from farming stock. Anyone I introduce to him I get a small commission, and you could make more od your SFP. PM me if you want to find out more. Or don't. Up to you. Plug over

http://www.worldfirst.com/blog/currency-transfer-news/cla-and-world-first-launch-a-new-currency-service-for-members/
Re: SFP - how do you choose to receive it?
Lumpkin


Joined: 02 May 2008
Posts: 4432
Location: Norfolk, God's chosen county
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Fat Hill wrote:
and hope that Euro collapses vs Sterling?


Don't hold your breath.
Re: SFP - how do you choose to receive it?
Ragwort


Joined: 26 Apr 2009
Posts: 2361
Location: Under the hedgerow.
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Fat Hill wrote:
You lot, yeah, you, the ones with land. How do you receive payment?


Gratefully. And before some others on these pages Very Happy
Re: SFP - how do you choose to receive it?
Fat Hill


Joined: 03 Aug 2008
Posts: 3858
Location: Omnipresent
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Lumpkin wrote:
Fat Hill wrote:
and hope that Euro collapses vs Sterling?


Don't hold your breath.


So, is it not a good idea to lock into a rate that is advantageous? Protect yourself against currency fluctuations? Just a thought. I'm surprised that recipients of SFP aren't interested in finding out if they lock in to a good rate of exchange
Re: SFP - how do you choose to receive it?
simpleton


Joined: 27 Apr 2009
Posts: 622
Location: Suffick
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Fat Hill wrote:
Lumpkin wrote:
Fat Hill wrote:
and hope that Euro collapses vs Sterling?


Don't hold your breath.


So, is it not a good idea to lock into a rate that is advantageous? Protect yourself against currency fluctuations? Just a thought. I'm surprised that recipients of SFP aren't interested in finding out if they lock in to a good rate of exchange


You tart Smile
Fat Hill


Joined: 03 Aug 2008
Posts: 3858
Location: Omnipresent
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brassy yes. tart......well maybe. anyway, at least i'm upfront about making a commission, unlike most banking institutions
Lord Muck


Joined: 03 Aug 2008
Posts: 9587
Location: Camberwick Green
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Fat Hill wrote:
brassy yes. tart......well maybe. anyway, at least i'm upfront about making a commission, unlike most banking institutions


If they don't pay your commission, does it involve an uzi ?
Re: SFP - how do you choose to receive it?
Lumpkin


Joined: 02 May 2008
Posts: 4432
Location: Norfolk, God's chosen county
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Fat Hill wrote:
Lumpkin wrote:
Fat Hill wrote:
and hope that Euro collapses vs Sterling?


Don't hold your breath.


So, is it not a good idea to lock into a rate that is advantageous? Protect yourself against currency fluctuations? Just a thought. I'm surprised that recipients of SFP aren't interested in finding out if they lock in to a good rate of exchange


I didn't say that you screamer, I was saying that if you are waiting to see the Euro collapse against the Pound, don't hold your breath.
Fat Hill


Joined: 03 Aug 2008
Posts: 3858
Location: Omnipresent
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lets face it, the euro is a non currency. held together with bits of tape and string. i have heard of businesses in some Euor zone countries refusing to accept payments in euros from less scrupulous countries (Greece, Portugal, Spain, Italy) Doesnt that make a bit of a mockery of the single currency?
Lumpkin


Joined: 02 May 2008
Posts: 4432
Location: Norfolk, God's chosen county
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Fat Hill wrote:
li have heard of businesses in some Euor zone countries refusing to accept payments in euros from less scrupulous countries (Greece, Portugal, Spain, Italy)


I haven't.

A currency with the economic enertia of Germany, France, the Netherlands, Belgium and the rest of the member states behind it isn't going to collapse because Zorba has can't sell a few kebabs this week.

Personally I am more concerned about our great Sovereign state's currency when labour get another five year term and we lose our AAA credit rating and our our ever widening trade deficit and the knock on effects of pumping £250 billion of paper currency into the economy and the huge cuts in public services which have to happen sooner or later and the crippling tax rises that are on their way to pay for the current administration's incompetance.
SJP


Joined: 17 Oct 2009
Posts: 1109
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With usual caveat regarding financial guru on here. I would not like to have either pounds or bloody Euros. Would seem the central banks for both think the same as they go round buying up currencies like ours. Shall just lei back and enjoy.
SJP


Joined: 17 Oct 2009
Posts: 1109
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Pound any one.



Euro anyone

rogerm


Joined: 12 Nov 2008
Posts: 1695
Location: stuck in the middle
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I thought your SFP had to be above £40,000 to receive it in Euros ?

Ours is well short of that I'm afraid

Right now I don't care what it comes in as long as we get it
SFP - how do you choose to receive it?
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