Conversion Rates - Financial

Rate this item
(1 Vote)

Question: 

1. How is the rate of conversion factored in to gross revenues?

2. Is it an average or does it differ from country to country? 

Answer:

(a) We are obligated contractually to accept the conversion rate at the day of payment for incoming & outgoing payments.

(b) It is illegal for us to withhold or speculate with monies that do not belong to us on the currency markets.

(c) Therefore, sometimes all of us benefit and sometimes we don't. I am sure you can appreciate the fact that in the world money markets today this fluctuates daily.

Read 5725 times

Connect With RS

  United States of America, , 
  800-756-7717
  888.299.1407
     {Skype}

RS Digi News Ticker

 

© 2009 - 2017 www.rainysongs.com / Rainysongs Entertainment LLC. All Rights Reserved.
Site designed and Powered by: Rainysongs Entertainment. Contact RSE 800-756-7717 | Additional content that may appear in this website is used by permission of orginal content authors and (C) copyright owners.

 

© 2009 - 2015 www.rainysongs.com / Rainysongs Entertainment LLC. All Rights Reserved.
Site designed and Powered by: Rainysongs Entertainment. Contact RSE 800-756-7717 | Additional content that may appear in this website is used by permission of orginal content authors and (C) copyright owners.