Easy Equities good or bad?

Speedster said:
No dude. SWIFT fee isn't flat. The R650 fee from FNB is a SWIFT fee.
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Ok. You clearly know treasury inside out. Oh yeah, please also see below from FNB:
1599226338290.png

And you said it is just 1.8%...Really know what you talking about, dude
 
Speedster said:
I do. Not sure where you found that snippet but the 250 SWIFT transfers for approx R200m I've made in the last year tell me otherwise.
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Where did I get that snippet? Just straight from FNB. But you will never admit your wrong cause you one of those, so I will move along now.
 
8BitLife said:
Where did I get that snippet? Just straight from FNB. But you will never admit your wrong cause you one of those, so I will move along now.
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Hehe. Keep telling yourself that. You do realise FNB charge a different rate for currency conversion transactions (e.g. card payments etc) and SWIFT transfers?
 
8BitLife said:
Where did I get that snippet? Just straight from FNB. But you will never admit your wrong cause you one of those, so I will move along now.
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I tell you what, since I'm sitting watching my kids cycle and have time to kill, I grabbed some screenshots of EUR spot and FNBs rates (based on the time stamp of FNBs currently published rates). Why don't you tell me what spread that works out as?

Screenshot_20200904_155241_com.android.chrome.jpgScreenshot_20200904_155535.jpg
 
8BitLife said:
Ok. You clearly know treasury inside out. Oh yeah, please also see below from FNB:
View attachment 905784

And you said it is just 1.8%...Really know what you talking about, dude
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FNB's 2.75% commission is for international credit/debit card POS/ATM transactions, and is separate to the SWIFT fees and commissions. That being said, there are still much better options than FNB for international SWIFT transfers.
 
baharini said:
FNB's 2.75% commission is for international credit/debit card POS/ATM transactions, and is separate to the SWIFT fees. That being said, there are still much better options than FNB for international SWIFT transfers.
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Indeed. FNBs standard forex rates are pretty average, although they are probably the fastest in SA if speed is important to you. Their Private Wealth rates are pretty good. Of the main banks, ABSA easily has the best rates (using NovoFX).
 
Morning Everyone,

Looking for some advise here, I recently contacted the blue bank, to inquire around how to transfer funds to the EE account and they recommending that I should maybe consider their Webtrader platform. Has anyone have experience on this platform? I cant seem to find the ETF's listed, the monthly cost of platform use etc.

My primary bank is FNB, so ultimately I will use their global card and will transfer funds from any platform to them.
 
Kashman said:
Morning Everyone,

Looking for some advise here, I recently contacted the blue bank, to inquire around how to transfer funds to the EE account and they recommending that I should maybe consider their Webtrader platform. Has anyone have experience on this platform? I cant seem to find the ETF's listed, the monthly cost of platform use etc.

My primary bank is FNB, so ultimately I will use their global card and will transfer funds from any platform to them.
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I see they dont charge a platform fee but a 0,2% fee based on equity balance.
 
Speedster said:
But you still pay the bank rates to get the ZAR into those accounts?
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Kashman said:
I see they dont charge a platform fee but a 0,2% fee based on equity balance.
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watching this webtrader video, does anyone use globetax? apparently we allowed to get back our 15% in withholding dividend tax as the charges 30%. its $35 dollars for 3 years. anyone used them?
 
YellowLemon said:
Were you able to get a US borderless/ USD bank details as I'm not able to?
TransferWise state that USD bank details aren't available in all countries.
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Nope. Interesting, never actually checked as my USD payments still comes through PayPal but was hoping to phase that out. See there are only 5 supported currencies. I guess it is not as flexible as I thought.
 
RedViking said:
Nope. Interesting, never actually checked as my USD payments still comes through PayPal but was hoping to phase that out. See there are only 5 supported currencies. I guess it is not as flexible as I thought.
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True. I receive GBP payments through PayPal, but in order to withdraw to FNB, I need to convert GBP to USD first.
And PayPal Conversion rate sucks.
 
Anyone else have this issue ? My holdings in Ashburton Global 1200 shows like this, and has done since yesterday:

1599723026465.png
 
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