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Articles - December - 2006 Issue

Save Time, Increase Profits: Take Control of Your Foreign Affairs

- by Renee Roberts

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The key to empowerment in our foreign affairs was in making the acquaintance of XEtrade (www.xetrade.com), the on-line discount foreign exchange service of XE.com, a site we were already using to look up exchange rates. XEtrade is an alliance partner of Custom House Currency Exchange, North America's first true discount foreign exchange brokerage -- with over ten billion dollars in annual transactions. As a transaction aggregator they are able to give us the service, the focus, and the competitive rates that only the largest companies enjoy with their banks.

Next month I'll report on an interview with Steven Dengler, CEO of XEtrade. We'll demystify some of the language used in currency exchanges and look at how to initiate purchases in foreign countries using this service. At the same time we will compare the costs (dollar and otherwise) of using XEtrade with the more common ways of sending funds overseas.

Renee Magriel Roberts can be reached at renee@roses-books.com.

Rare Book Monthly

  • <b><center>Sotheby's<br>Fine Books, Manuscripts & More<br>Available for Immediate Purchase</center></b> <b>Sotheby’s:</b> William Shakespeare.<br><i>The Poems and Sonnets of William Shakespeare,</i> 1960. 7,210 USD <b>Sotheby’s:</b> Charles Dickens.<br><i>A Christmas Carol,</i> First Edition, 1843. 17,500 USD <b>Sotheby’s:</b> William Golding.<br><i>Lord of the Flies,</i> First Edition, 1954. 5,400 USD <b><center>Sotheby's<br>Fine Books, Manuscripts & More<br>Available for Immediate Purchase</center></b> <b>Sotheby’s:</b> Lewis Carroll.<br><i>Through the Looking Glass and What Alice Found There,</i> Inscribed First Edition, 1872. 25,000 USD <b>Sotheby’s:</b> J.R.R. Tolkien.<br><i>The Hobbit,</i> First Edition, 1937. 12,000 USD <b>Sotheby’s:</b> John Milton.<br><i>Paradise Lost,</i> 1759. 5,400 USD
    Sotheby's
    Fine Books, Manuscripts & More
    Available for Immediate Purchase
    Sotheby’s: William Shakespeare.
    The Poems and Sonnets of William Shakespeare, 1960. 7,210 USD
    Sotheby’s: Charles Dickens.
    A Christmas Carol, First Edition, 1843. 17,500 USD
    Sotheby’s: William Golding.
    Lord of the Flies, First Edition, 1954. 5,400 USD
    Sotheby's
    Fine Books, Manuscripts & More
    Available for Immediate Purchase
    Sotheby’s: Lewis Carroll.
    Through the Looking Glass and What Alice Found There, Inscribed First Edition, 1872. 25,000 USD
    Sotheby’s: J.R.R. Tolkien.
    The Hobbit, First Edition, 1937. 12,000 USD
    Sotheby’s: John Milton.
    Paradise Lost, 1759. 5,400 USD

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