From: d4g4h4 on
Martin <me(a)address.invalid> wrote:

> On Mon, 28 May 2007 21:50:48 GMT, "William Black"
> <william.black(a)hotmail.co.uk> wrote:
>
> >
> >"David Horne, _the_ chancellor (*)" <d4g4h4(a)yahoo.co.uk> wrote in message
> >news:1hyuf49.thv1491kgyf3lN%d4g4h4(a)yahoo.co.uk...
> >> William Black <william.black(a)hotmail.co.uk> wrote:
> >>
> >>> "Mister Bartlett" <me2(a)privacy.net> wrote in message
> >>> news:1hyufxh.1gnnxop1vaxtg7N%me2(a)privacy.net...
> >>>
> >>>
> >>> > The downside is that you don't have a job,
> >>>
> >>> I don't have a job anyway.
> >>>
> >>> I made enough money to retire.
> >>
> >> Which perhaps explains why you prefer to moan about the cost of getting
> >> foreign currency rather than doing some simple research to cut the cost
> >> of it.
> >
> >Why bother when you'll do it for me?
> >
> >It's what the net is for.
>
> Care to explain how David's the bank makes money?

I think it's quite obvious how they make money.

--
(*) ... of the royal duchy of city south and deansgate
http://www.davidhorne.net - real address on website
"Abominable, loyal, blind, apparently subservient."
Pres. Carter on Pres. Blair- May, 2007
From: Geen Uitzending on
On 28 May, 22:34, Magda <magda(a)eu> wrote:
> On 28 May 2007 13:13:06 -0700, in rec.travel.europe, Geen Uitzending
> <michaelnewp...(a)yahoo.com> arranged some electrons, so they looked like this:
>
> ... On 28 May, 22:05, m...(a)privacy.net (Mister Bartlett) wrote:
> ... > William Black <william.bl...(a)hotmail.co.uk> wrote:
> ... > > "Frank F. Matthews" <frankfmatth...(a)houston.rr.com> wrote in message
> ... > >news:465afefc$0$3230$4c368faf(a)roadrunner.com...
> ... >
> ... > > > William Black wrote:
> ... >
> ... > > >> "Mister Bartlett" <m...(a)privacy.net> wrote in message
> ... > > >>news:1hytdjx.8u84u12mnmkaN%me2(a)privacy.net...
> ... >
> ... > > >>>William Black <william.bl...(a)hotmail.co.uk> wrote:
> ... >
> ... > > >>>>>Yep - fear of being taxed in the UK to pay for financial mismanagement
> ... > > >>>>>in, say, Greece.
> ... >
> ... > > >>>>I'm afraid you're going to have to explain how a common currency will
> ... > > >>>>cause
> ... > > >>>>that.
> ... >
> ... > > >>>Because a UK Chancellor can no longer manipulate the UK economy by
> ... > > >>>changing interest rates, the impact of (say) inflationary action in
> ... > > >>>(say) Greece is felt directly in the UK where it can only be controlled
> ... > > >>>by taxation. At present there are 2 levers on the UK economy. In
> ... > > >>>Euroland there is only one.
> ... >
> ... > > >> And in what way, for example, is that making any continental country
> ... > > >> worse off than the UK?
> ... >
> ... > > > The usual situation is high interest rates because the over all euro
> ... > > > economy is heating up when the local economy needs a boost.
> ... > > I don't see a down-side here for me.
> ... >
> ... > The downside is that you don't have a job, because the economy is being
> ... > run to suit people elsewhere in the Euro-zone, and the UK govt is
> ... > powerless to help you because it can't set interest rates.
> ... >
> ... > B;
> ... >
> ... > --
> ... > Encrypted e-mail address. Click to mail me:
> ... > <http://cerbermail.com/?nKYh3qN4YG>
> ...
> ... the UK used to be cheaper than Belgium, but now its more expensive.
>
> When was that?

it has been happening for a long time, in the early 80's it was about
100BF to a pound and then it shrunk to 50-60 in the 90's.

From: Miguel Cruz on
d4g4h4(a)yahoo.co.uk (David Horne, _the_ chancellor (*)) wrote:
> Miguel Cruz <spam(a)spam.spam> wrote:
> > d4g4h4(a)yahoo.co.uk (David Horne, _the_ chancellor (*)) wrote:
> > > I gave you the figures- that's the percentage I get for withdrawing
> > > money abroad. I have no need to exchange any money back.
> >
> > Would it be possible to quote a single foreign transaction from your
> > bank statement? The date, currency, and amount deducted from your
> > account. I'm genuinely curious about the exact cut imposed by the
> > legendary Nationwide and would love a chance to compare it to the
> > reference rate for that day. If you don't want to post here, an email
> > would be great - traveler @ u , nu
>
> My last foreign withdrawal (I didn't need to withdraw any money on my
> most recent trip) was April 8, for 50 euro at Treviso airport.
>
> It showed in my account April 9, and I was debited �34.04

Thanks, actual data is refreshing in these discussions!

The nominal rate on both days was 1.47030 / 0.68013.

�34.04 is exactly 1% more than that, which means Nationwide is passing
on the Visa/Mastercard network charge and adding nothing else of its own.

miguel
--
Hit the road! Photos from around the world: http://travel.u.nu
Detailed airport information: http://airport.u.nu
From: jeremyrh.geo on
On 29 mei, 10:26, Martin <m...(a)address.invalid> wrote:
> On Tue, 29 May 2007 06:13:12 +0200, m...(a)privacy.net (Mister Bartlett) wrote:
> >William Black <william.bl...(a)hotmail.co.uk> wrote:
>
> >> "Mister Bartlett" <m...(a)privacy.net> wrote in message
> >>news:1hyufxh.1gnnxop1vaxtg7N%me2(a)privacy.net...
>
> >> > The downside is that you don't have a job,
>
> >> I don't have a job anyway.
>
> >I think it's clear that I use "you" in a general sense - I don't know
> >enough about you to use it in a specific sense.
>
> >> I made enough money to retire.
>
> >> >because the economy is being
> >> > run to suit people elsewhere in the Euro-zone, and the UK govt is
> >> > powerless to help you because it can't set interest rates.
>
> >> As far as I'm concerned the higher the interest rates the better...
>
> >Self-evidently, the reverse also applies. The point, as must be obvious,
> >is that the UK interest rate would not be set to suit you, or the UK
> >population as a whole.
>
> Is that you William Black or you ...?

Yes.

HTH.

B;

From: jeremyrh.geo on
On 29 mei, 10:49, Martin <m...(a)address.invalid> wrote:
> On Tue, 29 May 2007 15:29:35 +0800, Miguel Cruz <s...(a)spam.spam> wrote:
> >d4g...(a)yahoo.co.uk (David Horne, _the_ chancellor (*)) wrote:
> >> Miguel Cruz <s...(a)spam.spam> wrote:
> >> > d4g...(a)yahoo.co.uk (David Horne, _the_ chancellor (*)) wrote:
> >> > > I gave you the figures- that's the percentage I get for withdrawing
> >> > > money abroad. I have no need to exchange any money back.
>
> >> > Would it be possible to quote a single foreign transaction from your
> >> > bank statement? The date, currency, and amount deducted from your
> >> > account. I'm genuinely curious about the exact cut imposed by the
> >> > legendary Nationwide and would love a chance to compare it to the
> >> > reference rate for that day. If you don't want to post here, an email
> >> > would be great - traveler @ u , nu
>
> >> My last foreign withdrawal (I didn't need to withdraw any money on my
> >> most recent trip) was April 8, for 50 euro at Treviso airport.
>
> >> It showed in my account April 9, and I was debited £34.04
>
> >Thanks, actual data is refreshing in these discussions!
>
> >The nominal rate on both days was 1.47030 / 0.68013.
>
> The ECB gave no nominal rate for April 6-9 inclusive, it was a long weekend.
> The rate on 5th April was 0.67970 the rate on 10th April was 0.68030

You really have been in Holland too long:-) - the difference on
David's transaction was 3p. If he feels strongly about that I invite
him to collect the change down the back of my sofa - it will more than
compensate.

B;