Fnb Forex Better Rate

Fnb forex better rate

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FNB Blocking all Forex & Paypal Services

Joined
May 3, 2017
Messages
2,336
Okay, so the Rand is diving to R13.91 to the Dollar and suddenly, when logging into FNB all forex, trading and Paypal services are blocked due to 'routine maintenance'. I find this very strange...
Joined
Mar 12, 2008
Messages
16,809
suspicious definitely, routine maybe, deliberate, not likely,

maybe it was done to prevent a problem that could have happened going forward.

or its the 25 of the month where all the fun stuff happens!
Joined
May 3, 2017
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If this is the reason, this may be unethical if not criminal.
Joined
Aug 7, 2003
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24,440
Nothing sinister.

Forex trading for beginners 2020

Just frustrating. I don't think it's anything other than systems troubles.

How to make Forex Payments on Online Banking Enterprise

I deal in FNB forex every single day. Two weeks ago FNB's published ZAR-USD Sell Rate dropped below 14 and all worked fine.

Right now their published sell rate is 13.9987.

Joined
Mar 12, 2008
Messages
16,809
If this is the reason, this may be unethical if not criminal.

well they do offer services in "offshore" banking
so its possible they forsaw something today and before the USD rate drops they decided to lock down forex.

as it has happened before that a ministers speech has killed the ZAR.
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well they do offer services in "offshore" banking
so its possible they forsaw something today and before the USD rate drops they decided to lock down forex.

as it has happened before that a ministers speech has killed the ZAR.

That's preposterously ridiculous. Bordering on defamation, even.

Find an ATM



It's also possible they operate from a base on the moon. But the probability does not rise above zero.

You obviously have no idea what moves through FNB Forex every hour...or how they structure their charges and commissions...

Joined
May 3, 2017
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That's preposterously ridiculous. Bordering on defamation, even.



It's also possible they operate from a base on the moon.

Find an ATM

But the probability does not rise above zero.

You obviously have no idea what moves through FNB Forex every hour...or how they structure their charges and commissions...

But, you have to face it, the timing, the current events unfolding - it all seems suspicious.
Joined
Mar 12, 2008
Messages
16,809
But, you have to face it, the timing, the current events unfolding - it all seems suspicious.

Lyle durham options trader

well are other banks forex dept working right now?

might be a good test to know if they are all functioning,

something like satrix or absa capital.
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But, you have to face it, the timing, the current events unfolding - it all seems suspicious.

Nothing suspicious.

What is Forex?

Just unfortunate and unwanted. Call them.

Fnb forex better rate

They're pulling out their hair at the moment ...

Joined
May 3, 2017
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Nothing suspicious.

Just unfortunate and unwanted. Call them. They're pulling out their hair at the moment ...

Quotations on Basis Rand Per Unit Foreign Currency

Nope. Suspicious. I do hope regulatory investigations will follow, whatever the outcome.

Fnb forex better rate

This cannot be left unspoken.

Joined
Aug 7, 2003
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24,440
Nope. Suspicious. I do hope regulatory investigations will follow, whatever the outcome. This cannot be left unspoken.
Nope.

Rate Now / Have your Say

Not suspicious. They have nothing to gain from it except customer frustration and lost transactions.

Joined
Mar 12, 2008
Messages
16,809
Nope.

Fnb forex better rate

Not suspicious. They have nothing to gain from it except customer frustration and lost transactions.

so its suspicious due to the timing?

if it had happened any other day, wouldnt it have been deemed suspicious?
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May 3, 2017
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And now they are back online. Right after the speech.

Fnb forex better rate

Nice.

Transferred some Paypal and they offer me at an exchange rate of US$13.70.

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Aug 7, 2003
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24,440
That should please you. Better than you would have got two hours ago.
Joined
Aug 7, 2003
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24,440
No, that's a mid-rate.

There are different rates depending on whether you are buying or selling Rand.

Right now the FNB Sell Rate is 14.1903.

The Buy Rate is 13.6874.