Currency conversion

If your money is US Dollars this is unimportant.  But if not it is important.

As a user of Euros or British Sterling the fact that you can pay in and deal directly in your currency saves you a considerable amount.  Typical costs of converting your domestic currency to US dollars at normal retail bank rates might be anything from 3-6%.  That money is taken by the retail bank in their currency trading spread. 

BullionVault offers a direct market in Euros and GB Pounds Sterling - which is a big saving if it means you avoid converting currency.

© BullionVault.com 2008 - Buy gold online at live gold prices.