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Forces fixed rate of Interest?

Post Posted: Tue Nov 24, 2009 10:52 am

can anyone help me where i go to get this?

Ive asked my UPO but ive about as much chance of getting FIFA to sort a replay for theIrish with France

i want to know the following...the rate for US dollars from feb-june 2009, rate of oman riyals march 2009

cheers guys would be made up in anyone could help me

Leon81
 
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Re: Forces fixed rate of Interest?

Post Posted: Tue Nov 24, 2009 10:56 am

www.x-rates.com/cgi-bin/hlookup.cgi
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Re: Forces fixed rate of Interest?

Post Posted: Tue Nov 24, 2009 11:55 am

cheers for this.

however as thats a normal exchange rate site im unsure if the forces rates will be exactly the same?

i dont want to start claiming 1p more otherwise ill be in front of the skipper for JPA fraud!

working out my claim on them rates and its only £40 anyway....expected so much more! ha ha

Leon81
 
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Re: Forces fixed rate of Interest?

Post Posted: Tue Nov 24, 2009 12:05 pm

Leon81:
cheers for this.

however as thats a normal exchange rate site im unsure if the forces rates will be exactly the same?

i dont want to start claiming 1p more otherwise ill be in front of the skipper for JPA fraud!
working out my claim on them rates and its only £40 anyway....expected so much more! ha ha

Just tell him a man from the internet told you it was OK. Worked everytime I got trooped!
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Re: Forces fixed rate of Interest?

Post Posted: Tue Nov 24, 2009 5:19 pm

Normally a UPO will buy a stack of currency at the start of a month and sell it for that rate, they don't sell it at a reduced rate, just hold the rate for the month (or however long it lasts). I'm pretty sure thats how it works.

I wouldn't worry too much though, just put in your claim using the foreign currency drop down and they'll see the dates you were there for, they'll pay it anyway.
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Re: Forces fixed rate of Interest?

Post Posted: Tue Nov 24, 2009 10:30 pm

The various FFR and GAR exchange rates are sent out by signal every month. You could try and ask a commcen if they can retrieve the signals for you but you'd be lucky to get anything older than 6 months. You may be able to find this information with a search on the Defence Intranet - It will be there but may be difficult to find, the Intranet search facility is pretty pump!

It's been a while since I've submitted a claim on JPA for foreign currency but if I remember you input the amount in the foreign currency then select the currency from a drop down menu. JPA then converts it to sterling, I would assume that this would be calculated using the appropriate FFR for the date of the occurence.

If you paid for something abroad on a credit card you can claim for the difference between what the card charged you in sterling and what JPA calculates it as with a separate line using the appropriate expense from the drop down menu.
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Re: Forces fixed rate of Interest?

Post Posted: Sun Jan 31, 2010 10:42 am

All you have to do is submit your claim on JPA using the correct dates - JPA holds the correct exchange rates for the dates involved - ie if you submit a claim with a date of Mar 2009 JPA will automatically calculate the correct exchange rate based on the rates it has for that date. Failing that any decent UPO should hold the last 12 months worth of exchange rate signals.

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