Sentences with phrase «local currency account»

This is crucial because making payments in many emerging market currencies can be costly: it requires multiple currency traders and pre-funded local currency accounts in the destination country — effectively trapping cash.

2 — Traditionally, the payments inside the emerging markets need different currency traders and even pre-funded local currency accounts within the destination.

Generally, payments into emerging markets often require pre-funded local currency accounts, meaning liquidity costs are high.

Since payments in markets that are still emerging typically require local currency accounts that are prefunded, liquidity costs tend to be high.

Not exact matches

To find the wealthiest people in the world, Wealth - X looked at its database of dossiers on more than 110,000 ultra-high net - worth people and used a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency - exchange rates, local taxes, savings rates, investment performance, and other factors.

An account will give you a reasonably secure place to store your purchase and tools for converting your local currency in and out of Bitcoin.

Link a bank account, credit or debit card to be able to convert digital currency to and from your local currency.

The general government sector — which consists of national, state and local governments — had a net foreign currency asset position equivalent to around 3 per cent of GDP as at the end of March 2013, before taking into account the use of derivatives for hedging purposes (Table 2).

You simply register, enter your bank account information, and convert the local currency into bitcoins.

«This trial introduced XRP to test the feasibility of reducing or retiring the use of current Nostro accounts for local currency payouts.»

The complementary currency itself has declined in importance over the period while levels of overall consumption of goods and services have increased (although it is unclear whether the recent digitisation is to change this) A detailed study18 of the usage and circulation of the Palma found that around half of its usage was accounted for by just 6 economic actors in addition to the Banco Palmas itself: four local stores selling basic consumer items, the neighbourhood petrol station, and a party and décor shop.

Since results are in local currencies, an investor in one country seeking equity positions in another country would need to take into account expected change in the associated exchange rate over the equity holding period.

Your wallet currency will default to your local fiat currency based on the phone number you signed up with, but if you have changed your wallet currency to something other than e.g. USD then you will want to change it back so that when you transfer USD from your bank account it will arrive in your wallet as USD.

The transaction works the same in the reverse: if a recipient needs or prefers to receive a payment in bitcoin, but the sender prefers to deal in fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.

To give you more control over your money and help manage it in ways that genuinely work for you, the Glint account, smartphone app and Mastercard ® allow anyone to store, exchange, send and spend local and foreign currencies, including for the first - time physical gold — the most universally trusted form of money.

BitPay is allowing forex platforms to accept bitcoin payments and receive EUR, USD, or other local currency settlement to their bank accounts, without any risk of bitcoin price volatility.

Other measures, such as exchange controls, are also being used to stem the appreciation of local currencies, with the authorities in Thailand announcing in October a package of measures, including suspension of interest payments to overseas holders of Thai cheque and savings accounts and a deposit ceiling of 300 million baht (US$ 7.5 million) per account.

Our new integration will allow bitcoin users in Taiwan and Hong Kong to load their GASH Point accounts using their favorite currency alongside other local payment methods.

Japanese cryptocurrency exchange Coincheck has announced that it plans to allow users to start withdrawing local currency from their accounts next Tuesday.

China and India accounted for 57 percent of global physical gold demand in the first quarter, with China's demand growing 32 percent even in the face of a 25 percent increase in local currency prices.

The safety of the country's milk products is a sensitive issue for the local currency as dairy products account for around one - third of the country's exports.

Many services offer to direct credit your local bank account (not all currencies are supported) and / or will mail a check with, as noted, a minimum payment of amount of US$ 100.

Currently, I access my CIBC chequing account from wherever I am to withdraw funds in local currency.

Qatari forex traders usually fund their accounts using the Riyal, exchanging it for US Dollars directly with the local introducing brokerages who represent foreign firms, or buying foreign currency for trading purposes from designated exchange banks.

For example, E * TRADE's global trading account allows investors to convert money in their accounts to local currencies and place live trades on six foreign stock exchanges (Canada, Germany, U.K., France, Hong Kong, and Japan).

Withdrawals are dispensed in local currency and are debited from your account in U.S. dollars based on a favorable exchange rate.

Since it serves as an international digital wallet, Neteller has the functionality of being able to withdraw your funds to your local bank account, in your own local currency.

If the receiving bank account is not denominated in EUR, then the receiving bank will convert the EUR amount into the local currency.

The trader must own a local bank account supported by the broker, or a domiciliary account if resident is in a country that does not use the broker's trading currency.

The foreign ATM will spit out its local currency, but you will see the debit from your Schwab account in the USD equivalent.

Also to be considered, IMHO, is the possibility that interest paid on deposited monies, including but not limited to whatever limits the bank might place on an account's maximum balance, would be in that country's local currency...

GnuCash translates all parts of a transactions to the currency of the local account.

When making a price estimate in your local currency, please take into account the possible currency fluctuations, which may alter the final price of your trip.

You'll first be charged a foreign transaction fee to withdraw funds from your U.S. based account and convert those dollars to the local currency in the country you're withdrawing funds.

Note: You must log into your Xbox Live account in order to see the sale prices in your local currency.

If the country setting of a Nintendo Account is different, the details of this offer may be adjusted (for example, the price will be displayed in the respective local currency).

The only drawback we can think of for the Xbox Gift card is that you are not allowed to use your local currency within your Microsoft account to a buy an Xbox Live Gold membership.

If you still have credit on your Xbox Live account from when the old Microsoft Points (or MSP) were converted into local currency, today is your last chance to spend that money before it's wiped from your account.

«So we need a banking partner that allows us to hold the local currency... and also gives us access to the infrastructure that's needed to move the funds in and out of any existing UK customers» bank account with Circle.»

South Korean financial authorities had previously said they are inspecting six local banks that offer virtual currency accounts

South Korea's financial regulator revealed earlier this week it was jointly carrying out inspections on six local banks that offer virtual currency accounts to institutions amid concerns their increased use could lead to a surge in crime.

Xapo's debit card allows users to spend bitcoins in local currencies using their Xapo accounts at any merchant that accepts Visa cards.

The merchants will be able to convert bitcoin payments into local currency and receive them in their accounts.

Japanese cryptocurrency exchange Coincheck has announced that it plans to allow users to start withdrawing local currency from their accounts next Tuesday.

To exchange fiat currency (in other words, US dollars) for KMD, you'll need to register for an account with a local cryptocurrency exchange like Gemini.

While there is a growing group of websites, cafes, and bars that accept them, the reality is that taking into account the price volatility and fees involved in acquiring bitcoins, for local purchases fiat currency still rules.

Well, the easiest way is to create an account on a Bitcoin exchange like Coinbase, where you can buy as well as sell them with your local currency.

On Dec. 28, the South Korean government announced its plans to ban the use of anonymous virtual accounts for cryptocurrency trading in an effort to «curb virtual currency speculation», local news agency Yonhap reported.

The unexpected closure of bank accounts of bitcoin users and businesses led to local digital currency businesses terminating their services.

So if you are selling bitcoins for local currency, you don't release your bitcoins from your LocalBitcoins escrow account until you have received the local currency payment.