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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