Hi,
I want to know that what is FEC in banking field and what are the advantages of that?
Well Angela, I was going to say Google it, but then if you do, this thread appears near the top. As does another forum you have asked the same question ![]() So to provide an answer, and make the thread useful... Forward Exchange Contracts Via our old friend Wikipedia... Forward contract - Wikipedia, the free encyclopedia Now what I want to know is, why do you want to know that? You ask a variety of questions and I'm intrigued to know what brought that one up?
“Well Angela, I was going to say Google it, but then if you do, this thread appears near the top. As does another forum you have asked the same...” Well recently i was touched to my bank because of problem with my wire transfer, Every one in my bank talking about FEC. I felt a Little shy to ask them what is it. Thats why i asked here. ![]() angelajason06
Dang, way too early for all that mathematics...... ![]() Interesting topic though ![]() How does everyone think that this would help with wire transfers? Thanks, Dreamraven
“Every one in my bank talking about FEC. I felt a Little shy to ask them what is it. Thats why i asked here. ![]() lol fair enough. It's a bit heavy for my non mathematical brain though ![]()
lewiskelly has answered, here is the exact definition Forward Exchange Contract Definition | Investopedia Fixed Fee Legal Services | Bespoke Document Drafting | Document Templates
This is absolute Hebrew to me. Can't understand a word. Need to brush a little on basic banking knowledge or it could be troublesome for me in the future. ![]() alicemenezes
Basic knowledge is important, both for you are as person and a business owner. Make yourself well informed about some terms such as interest rates, conversions, etc. and don`t let bank clerks play with your money Fixed Fee Legal Services | Bespoke Document Drafting | Document Templates |
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