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Online currency


Do you buy things on the Net? Have you noticed that the currency conversion rates vary a lot?

Most websites have the option of converting the site’s ‘home currency’ to other currencies. Watch out for the rates! Our experience says that it is not worth converting the currency. The worst example we found was a British site that converted from British Pounds, GBP, to Swedish Crowns, with a conversion rate that was 10% worse, compared to paying in GBP!

Also, don’t use your normal debit or credit card to make online payments. If the card number gets into the wrong hands, you can be in trouble. One of FOREX Bank’s many cards is the Global Cash card which is a VISA Electron card. You load the card with an appropriate amount of money and can then reload it via our voice activated service or over the Internet from a pre-registered VISA or Master Card.

More information can be found at http://www.forex.se/en/Cards/Global-Cash/

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