Even though it's not as simple as just converting the cash right away, this method has saved me hundreds of dollars in foreign exchange conversion fees. (ourbigfatwallet.com)
The issues were whether foreign exchange conversion costs were properly characterized and disclosed on bank credit card statements, and what level of government has jurisdiction over this aspect of the banking system. (canadianlawyermag.com)
Fortunately, some brokers provide their clients a way to avoid these expensive and hidden foreign exchange conversions. (canadiancapitalist.com)