Money Changer – , Jakarta – One of the facilities that gives its users as much information as possible for travel is the ability to buy foreign currency through the application. Now traveler can buy Yuan and Baht on Talent App. Traveling abroad is easy.
Because restrictions on foreign travel have been lifted in all countries after the pandemic. Indonesian tourists do not want to miss this moment, give up their desire to go abroad.
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An Instagram survey conducted by Variety in September 2023 found that most travelers would like to travel to Japan, South Korea, Singapore, Mecca and Thailand. Ideal domestic destinations for tourists are Bali, Labuan Bajo and Yogyakarta.
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Well, in this digital age, travelers no longer have to spend money on a money changer to exchange the currency of the country you want to visit. Because you can use a smart banking app that has a foreign currency feature.
To make it easier for travelers to travel abroad, Genius added two foreign currencies, the Yuan and the Baht. Now there are 9 foreign currencies that can be used for international transactions.
“Genius launched two new foreign currencies, Thailand (THB) and Chinese Yuan (Sugar). Tourists can sell, distribute in 9 foreign currencies through Genius applications.
The application is judged for money that would be tourists. Australian Dollar, Euro, Pound, Hong Kong Dollar, Japanese Yen, US Dollar, Thai Baht and Chinese Yuan.
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The way to buy foreign currency is very easy. All travelers need to do is click on ‘Activate Foreign Currency’ and select the foreign currency you want to buy. Then, you are advised to choose the foreign currency, the purpose of the purchase to make the payment.
But tourists should also be aware that foreign currency can only be bought during the week, Monday to Friday (09.00-21.00 Vib). After purchase, a traveler links the foreign currency to the M Card. With this you can withdraw money at any Visa ATM according to your balance without converting it back to Ippa. Isn’t that great?
In addition, you can also make transfers and transactions online with foreign currency through applications abroad.
Leaving the excitement of the program 7 days 7 nights #jadil jenius in August and September, as well as excitement to travel at the end of the year, the genius of PT Bank under BTPN presented the travel show online for the first time.
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The concept is challenging, where the traveler has to make a first purchase at Locat.com and then redeem it at Travella. Online Travel Exhibition Competition 11-17 October 2023 11-17 October 07.00-19.00 hrs.
The tourists can travel to the fair travel fair travel online at discounted prices up to RP. 7 million (with minimum transaction arrangement). To get it, you only need to buy a locker. 7,007.
For credit card users, you can get RP discount. 7 million (minimum 50 million RP), 2, 5 million (25 million), RP. RP. 45) and RP. 500,000 discount (minimum transaction of RP. 2, 5).
Debit cards, discount RP. 2, 5 (minimum 25 million rp), discount rp. 4 million) and a reduction of Rs. 500,000 (minimum transaction of RP at least . 2, 5).
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The traveler can make a war every day starting from 07.00-19.00 Vib. We will be handing out 5,000 vouchers in 7 days. So there is actually a limit per day, but if the first day has received a voucher, you can still follow the next day. So 1 account for 1 day, 1 voucher,” Anita explained.
For tourists who want to hunt for information or look for discounts, 7 days, 7 nights, 7 days # Jadil this October, you can enjoy discounts in many places to eat and drink. Call it KFC, Memories Coffee, Kinton Buffet, Kusakatsu, Shabir, View tickets at Shabir, Various issues such as various issues such as education, career or vacation when you decide to go abroad for various reasons, You will definitely try to match it with the situation in the destination country. There are several ways to exchange money, such as exchanging money with the hours and currency of the destination country.
Literally it can be directly interpreted as money merchant. The currency traded here is foreign currency.
Helping international travelers wishing to stay abroad to exchange currency with rupees from their home country to equalize currencies. In its operation, nominal money and various currencies are bought between buyers and sellers. The exchange rate between one currency and another is usually not the same. The mechanism of the international market is what causes this inequality in the value of money.
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Currency is often used as a form of transaction currency around the world, as the value of the currency is stronger against other currencies. On the other hand, a currency is rarely used for transactions by the world community, so the value will refuse to fall to other currencies.
The US dollar is a currency that is preferred by the world community. This is indicative of America’s history of controlling the world economy when there is constant war in different parts of the world.
To meet the needs of communities for foreign currency, the role of money changers or foreign currency dealers is to act as an intermediary for the international buying and selling (or more correctly referred to as trading) of foreign currency. The bank can operate this money changer as an official financial institution and a private sector that can be a citizen (individual business).
What differentiates foreign exchange services between banks and services provided by individual businesses?
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A bank is a financial institution that plays a role in providing foreign exchange services. However, the provision of foreign exchange services is prioritized for bulk buying and selling of foreign currency.
Individual forex traders can usually get an agreement on foreign currency exchange and not even currency exchange with 1 country’s nominal currency in a small amount.
This individual forex trader benefits from the differences in the buying exchange rate and the specific selling rate. Each local forex dealer may set a different buy and sell rate, but a price benchmark is not usually increased between one dealer and another to maintain competition.
So what is the sell ratio and the buy ratio that these individual forex traders use as a business advantage? Selling rate is the exchange rate used by the bank or foreign exchange dealers to sell the foreign currency. On the other hand, the purchase exchange rate is an exchange rate used by a bank or foreign exchange dealer to buy foreign currency from the public in exchange for foreign currency received from the local currency.
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The selling ratio should always be greater than the buying ratio. This difference is the advantage of forex traders in running a forex trading business.
Ms A performs the pilgrimage. About 4 days to leave Surabaya. Therefore, it should have currency with Riyal currency, the relevant currency of Saudi Arabia, as the rupee is not relevant to conduct transactions in Saudi Arabia.
She decided to go to the money changer who was absent from her home and exchange rupees for Rials. There, he will find a panel showing the selling rate and the buying rate for different currencies.
The selling ratio for the Riyal currency listed on the board is 3,810 and the listing ratio for the Riyal currency is 3,690. The information available is that Ms. Braid received RP3,810, 00 due.
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RP3,810,000 for foreign exchange traders and.
From the picture above, it can be clearly seen that the difference between the exchange rates and the bid rates and the difference between the bid rates is a profit that forex traders can make. When people exchange foreign currency for them, they raise the price.
On the other hand, when people want to sell them foreign currency, the price remains low. The principle is the same as selling electronic goods. When buying from a store, the price will go up when deciding to resell these electronic goods even to the same store.
Forex trading business has now started to be treated as a promising business opportunity by many people. Moreover, Indonesia is in the refining stage to become a developed country, and it is famous all over the world. One promotion is to present several regions or cities in Indonesia as international tourism destinations.
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This is certainly a fertile area for a forex trading business. More than popular demand.
Now, the type of forex trading is more modern and more stop is the use of forex. Forex is not much different from traditional money changers. The difference lies in the media used to do business. Forex
