Home > About GoldMoney > GoldMoney introduces foreign exchange ...

Customers can now switch between currencies in Customer Segregated Funds Accounts

7 April 2008 - GoldMoney is pleased to announce a new foreign exchange service.

Customers can now conveniently switch between any of the four currencies in the Customer Segregated Funds Accounts that GoldMoney maintains at its banks. The currencies are the US dollar, British pound, Euro and Canadian dollar, all of which can be used in GoldMoney to purchase gold and silver or be received when customers sell metal.

Only customer funds are placed in the Customer Segregated Funds Accounts, and are thus completely separated from GoldMoney's own working capital. Customers who place money into these accounts earn the interest paid by the bank at competitive rates, while GoldMoney provides 24/7 access to their money and their metal.

(Please note that US-resident customers are not able to engage in currency-to-currency exchanges)

* * * * * * * * * * * * * * * * * * *

More Company News