Hi guys, first post on Forex Factory. I travel a lot with my work and frequently have to change large sums of cash from one currency to another. Before anybody jumps to any conclusions: my business is 100% legal and I am 100% honest with my tax. If I change these large sums of cash at hotels/bureau de change then I get a terrible exchange rate, so I have decided to look into changing my money on the Forex markets. Whilst I know Forex Factory is mainly a site about forex trading, I thought that this would be the best place to bring my query: I live in the UK and can sign up for international business accounts with HSBC in currencies other than GBP. I intend to open two accounts; one in EUR, and one in USD. Does anybody know of a forex broker who would allow me to deposit from the USD account in dollars, use these dollars to purchase euros on the forex market, and then withdraw my euros to my EUR account, or visa-versa, thus avoiding a poor exchange rate at any point of the transaction. For this to work the broker would have to wire the withdrawal to me in euros.
Regards,
SimonP
Regards,
SimonP