Recent content by Wazandy

An idiot question from me, but what can they do if the cheque is now in the system and doesn't look as if it'll re-surface until it's back here and converted? (thanks mate...)

Thanks for the speedy reply. Appreciate it. As I said, we opened a bank account with UBS recently, and they put the cheque into the system (presumably to find its way to Singapore, get fund-checked and then slowly return in a few weeks to be converted into Aussie..) I did get this from UBS...

My wife recently sold a property in Singapore and was given a cheque for around 215,000 Singapore dollars. I had no idea that cheques of this size take 4-6 weeks to cash - therefore removing any power we had of the exact time the currency transaction takes place to take advantage of highs and...

That's much appreciated mate. Thanks for the time and effort.

Cheers guys.. My wife is in Singapore selling a small flat, she'll be returning to Aus with a (Sing dollar) cheque for about 220,000 Sing dollars. Unfortunately, that 220,000 has converted to as high as 227,000 Aus to as low as 202,000 aus in a space of just a few weeks. (220,000.00 SGD =...

Ok, my mistake. I'm pretty new to all this.. !

..anyone?

My wife's mother unfortunately recently died in Malaysia, leaving her about 30,000 Australian dollars in Ringgit (by last weeks conversion.) The Ringgit's pretty low at the moment - does anyone have any rough advice as to when would be a good time to cash in and convert to Aus? I could do it...

3.00 a share. Wow. Shame I didn't get it on that one. Still, there's a lot of interest in the stock, but they haven't actually started producing yet. Reckon there's legs in this one? I've got about 40,000 to invest. I reckon 4-5 over the next few months...