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Jargon Busting

  • 19-03-2010 2:22pm
    #1
    willietherock
    Registered Users, Registered Users 2 Posts: 1,005 ✭✭✭


    These have me stumped.
    1st is from TD Waterhouse charges section.

    "Foreign Exchange (FX)

    The foreign exchange rate for all currency conversion is based on the bid/offer exchange rate to which TD Waterhouse apply a spread based on up to +/- 1.75%. Details available on request." ?????:confused:
    Does this mean you get screwed for 3.5% overall when you convert euros into whatever currency at beginning of transaction and get caught likewise when you convert back to euros at end of transaction.

    This is from Davy Stockbrokers, again fee section.

    "Third party charges

    Foreign transaction custody charge(for each trade outside Ireland & UK)
    Online Acc €25"
    So, for every non Irish/UK trade there is an extra€25 charge.


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