I have just received a cheque for $ 30K and i'm unsure what to do with it should i hold it for some time and hope the dollar improves which appears unlikely at the present time or cash it in now.
I have just received a cheque for $ 30K and i'm unsure what to do with it should i hold it for some time and hope the dollar improves which appears unlikely at the present time or cash it in now.
I have just received a cheque for $ 30K and i'm unsure what to do with it should i hold it for some time and hope the dollar improves which appears unlikely at the present time or cash it in now.
You could open a US$ a/c with your bank. You would earn some interest on it that way & then convert it to € in your own time, keeping an eye on rates.
That's if you don't need the proceeds immediately, of course.