A question for Steve/Bankers in general..

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Livestock
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A question for Steve/Bankers in general..

Postby Livestock » Tue Sep 18, 2012 7:02 pm

I need to set up a US dollar account.. (Cayman Islands as bro)

I can do at ASB but just wanna know if anyone knows what's up.

P.S. I am now Scarface.


thoughts?

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Re: A question for Steve/Bankers in general..

Postby dclxvi » Tue Sep 18, 2012 7:09 pm

Scarface probably just put his money in a room... Just sayin...

nb. I realise Scarface wasn't a historical figure, but you know...
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MuscleMan
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Re: A question for Steve/Bankers in general..

Postby MuscleMan » Tue Sep 18, 2012 7:34 pm

You can do it yes, what's the purpose however? The only reason in my mind that makes it worth it is withholding large amounts of FX to avoid the exchange rate fucking you. One way of doing it is opening the account as a term investment with a fixed term, usually the shortest is 30 days. Do it with no intention of receiving any interest and just break it when you need the funds (there should be no fee or charge associated with breaking the investment other than forfeiting the interest earned to date). This way you avoid the monthly fee. Just double check they aren't cheeky and try and convert back to USD-NZD-USD if you are taking cash or sending a telegraphic transfer etc.

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Re: A question for Steve/Bankers in general..

Postby Craig_Bastard » Wed Sep 19, 2012 6:46 pm

http://thestungrenades.bandcamp.com
SHUT UP,
PUT YOUR DENIM ON
AND STAY FREE.

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Livestock
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Re: A question for Steve/Bankers in general..

Postby Livestock » Wed Sep 19, 2012 7:29 pm

Thanks Steve..
I'm actually moving to South America for 3 years..
I'll be getting paid in US dollars.. What's the best way to swing money back into NZ accounts..

actually, interested in becoming my banker Steve?
$$ in it..

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Re: A question for Steve/Bankers in general..

Postby dclxvi » Wed Sep 19, 2012 8:18 pm

I'll buy ya a sixer for your troubles
Kerry wrote:Then at an old age, the neighbour's dog thought it would be crakup to maul him and he died so we chucked him up in the ground.


Cosmo Kramer wrote:i have full qualifications (john grisham novels 1-10) and i am yet to sit the bar exam but i know i will pass

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Re: A question for Steve/Bankers in general..

Postby scott penk » Wed Sep 19, 2012 8:25 pm

what currency are they using where your gonna be at? do they have a reputable banking system?

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Re: A question for Steve/Bankers in general..

Postby dclxvi » Wed Sep 19, 2012 8:49 pm

I think in Guyana they pay you in cocaine.
Kerry wrote:Then at an old age, the neighbour's dog thought it would be crakup to maul him and he died so we chucked him up in the ground.


Cosmo Kramer wrote:i have full qualifications (john grisham novels 1-10) and i am yet to sit the bar exam but i know i will pass

Fiction & Falsehood
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Re: A question for Steve/Bankers in general..

Postby Fiction & Falsehood » Wed Sep 19, 2012 9:00 pm

yeh enough hinting jiff, we know youre going to go be a drug lord, you can get one of those famous 'columbian neck ties' that all the 'legitimate businessmen' wear.
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Livestock
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Re: A question for Steve/Bankers in general..

Postby Livestock » Thu Sep 20, 2012 7:00 am

Local currency is Guyanese dollar but I'll be getting paid in US dollars..

Unfortunately I don't trust any of the banks there.. So I thought offshore wold be best.

I might just have to do some research and see what the rich cunts in Guyana do.. although there's not too many of them.

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Re: A question for Steve/Bankers in general..

Postby Skoll » Thu Sep 20, 2012 9:19 am

Livestock wrote:Unfortunately I don't trust any of the banks there.. So I thought offshore wold be best.


Racist.

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Re: A question for Steve/Bankers in general..

Postby Fiction & Falsehood » Thu Sep 20, 2012 10:14 am

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Re: A question for Steve/Bankers in general..

Postby muice! » Thu Sep 20, 2012 1:42 pm

Any reason why you want to have it converted back to NZD?
Do you plan on coming back after 3 years/spending the money in NZ?
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Re: A question for Steve/Bankers in general..

Postby scott penk » Thu Sep 20, 2012 4:28 pm

are you passing through the USA? you could open an account at Bank of America (you can open one with a foreign passport) and western union your pay into that account from guyana

i know little about guyana besides jonestown

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Re: A question for Steve/Bankers in general..

Postby Red_switch » Thu Sep 20, 2012 5:45 pm

Just get them to pay you in cu's.
I think it's lint.

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Re: A question for Steve/Bankers in general..

Postby x tracker x » Thu Sep 20, 2012 9:28 pm

dunno if this is what you are asking but if you're sending money back to NZ the best thing to use is hifx.com.

i work in Perth, but send pretty much all my money back to NZ for my time off and the rate you get is way better than shitty banks will give you. typically its about a cent less than the current (live) exchange rate with hifx where the banks will give you about 8 cents less and charge you to transfer as well.

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Re: A question for Steve/Bankers in general..

Postby MuscleMan » Thu Sep 20, 2012 9:54 pm

He could also set a minimum buy rate for the NZD and have his bank automatically exchange a certain amount. It really does depend on his plans when hes done with S.America

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Re: A question for Steve/Bankers in general..

Postby mmmm....good crack » Thu Sep 20, 2012 9:57 pm

Don't forget to ask for unmarked bills.
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Livestock
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Re: A question for Steve/Bankers in general..

Postby Livestock » Thu Sep 20, 2012 10:26 pm

thanks a bunch dudes.. will look into all of these including hifx.

My plan is to save a bunch of money in Guyana.. then come back to NZ and buy some land just out of Auckland.

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Martli
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Re: A question for Steve/Bankers in general..

Postby Martli » Fri Sep 21, 2012 6:46 am

Livestock wrote:My plan is to save a bunch of money in Guyana.. then come back to NZ and buy some land just out of Auckland.


Take my advice for what it's worth - I'm no where near an expert on this shit.

Given that you're in Guyana for 3 years I wouldn't feel the need to convert your to NZD instantly if I were you.

I can't predict the future but there are heaps of cunts here who think the dollar is over-valued so it may go down sometime over the next few years and your USD will buy way heaps more.

That being said the next round of US quantitative easing will set in soon which is bound to weaken the USD. Who knows how much more of this they will do.

The other factor to consider is interest rates, especially if you're saving significant amounts of cashish. US interest rates are shit, NZ ones are better so an NZ bank is an advantage for this.

I guess if I could predict foreign currency movements I'd be pretty rich. I'm not rich.

Steve/someone smarter might have some better advice in this area.
Cosmo Kramer wrote:key word being "probaber;y"

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Re: A question for Steve/Bankers in general..

Postby Red_switch » Fri Sep 21, 2012 7:56 am

Martli wrote:
Livestock wrote:My plan is to save a bunch of money in Guyana.. then come back to NZ and buy some land just out of Auckland.


Take my advice for what it's worth - I'm no where near an expert on this shit.

Given that you're in Guyana for 3 years I wouldn't feel the need to convert your to NZD instantly if I were you.

I can't predict the future but there are heaps of cunts here who think the dollar is over-valued so it may go down sometime over the next few years and your USD will buy way heaps more.

That being said the next round of US quantitative easing will set in soon which is bound to weaken the USD. Who knows how much more of this they will do.

The other factor to consider is interest rates, especially if you're saving significant amounts of cashish. US interest rates are shit, NZ ones are better so an NZ bank is an advantage for this.

I guess if I could predict foreign currency movements I'd be pretty rich. I'm not rich.

Steve/someone smarter might have some better advice in this area.


AKS JOHN KEY FOER ADVISE LOLZ!!!!!!!!!!!!!!!1111111111111111!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

My advice would be buy land somewhere other than Auckland, guess it depends on what you want to do with the land.
I think it's lint.

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Re: A question for Steve/Bankers in general..

Postby Fiction & Falsehood » Fri Sep 21, 2012 12:22 pm

start a commune of course.
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Re: A question for Steve/Bankers in general..

Postby Martli » Fri Sep 21, 2012 2:47 pm

Red_switch wrote:My advice would be buy land somewhere other than Auckland, guess it depends on what you want to do with the land.


Getting a bit beyond the scope of the OP here I think :baton:
Cosmo Kramer wrote:key word being "probaber;y"

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Re: A question for Steve/Bankers in general..

Postby Red_switch » Fri Sep 21, 2012 3:01 pm

obvious pointless post should have been obvious
I think it's lint.

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Re: A question for Steve/Bankers in general..

Postby Livestock » Fri Sep 21, 2012 6:52 pm

Gonna throw down some permaculture and FTW.

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Re: A question for Steve/Bankers in general..

Postby General Mutante » Fri Sep 21, 2012 7:34 pm

Will you have a harem of holy concubines?
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Re: A question for Steve/Bankers in general..

Postby Fiction & Falsehood » Fri Sep 21, 2012 7:39 pm

would be a pretty crap commune if he didnt
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Re: A question for Steve/Bankers in general..

Postby Red_switch » Fri Sep 21, 2012 7:41 pm

Man, AK is the last place I'd be wanting to get all up in permaculture. Floating boats etc.
I think it's lint.

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Re: A question for Steve/Bankers in general..

Postby MuscleMan » Fri Sep 21, 2012 11:29 pm

There will always be demand for property in AKL and you will be closest to all the major infrastructure.. PM me to discuss the finer points cuz, or ring me - whatev's.


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