UK pound down....

[Anglian]

15162 rp per £ on my BA pension, seems I'm going to have to take that job as dish washer after all

 

[waarmstrong]

Still no recovery yet .... [but] .... The British pound will recover and regain its strength, its just a question of when not if. It still remains to be seen if the UK will actually leave the EU or not - I am not convinced it will, despite what the current Prime Minister keeps saying.

Wishful thinking, I suspect. There is probably just as much of a chance that the Rupiah will recover to less than 10,000/1 USD as the pound returning to pre-Brexit levels in the coming few years.

 

[Davita]

15162 rp per £ on my BA pension, seems I'm going to have to take that job as dish washer after all

Me too Anglian...will I need an IMTA?

What is worse is they wrote to my address in Canada asking if I was dead or alive....and requested a notarized result.
The person who normally looks after our place in Vancouver didn't think it important, so just kept the letter for our next trip to Canada.
Not getting a response (within their time limit) The Pension Service stopped my monthly pension payments and I didn't check till recently....as I normally leave the funds in a UK bank 'till needed.

Subsequently our friend DHL'd the letter so I've since reported I'm still alive and waiting for the back-payment of my now depleted pension....once converted to IDR or CDN$.

It is my fault, so no complaints, but a heads-up for all UK pensioners...open all mail from The Pension Service, UK.
I believe it's great news when you don't respond and they conclude you're dead...they ring a bell and celebrate..

 

[Anglian]

Same here, I tried to get the bank to sign the form, no way, went to the police station, again no, a notary too expensive, so I asked theRT man, he hummed and ha,ed, but he eventually signed the form confirming I wasn't dead.

 

[jstar]

The Dutch get (bi-)yearly checked if they are not dead either. There are even SVB employees active to make sure nobody else is cashing in. Luckily I have not reached that age yet, the time I worked in Holland is negligible and I won't depend on any pension.

People who still think the British will not leave the EU have; been living under a rock the last year, or have some amazing and brilliant insight.

OT: Not only the GBP but also the EUR has been been pretty 'low' lately. So that indicates both the USD and IDR are rather strong.

 

[Anglian]

I think I prefer the GBP to the Euro

 

[waarmstrong]

I think I prefer the GBP to the Euro

Just like the US Presidential election, none of the above might be a better choice.

 

[sumyunggai]

15162 rp per £ on my BA pension, seems I'm going to have to take that job as dish washer after all

That's terrible, how are you sending the money? TransferWise is offering 15,764

 

[Anglian]

That's terrible, how are you sending the money? TransferWise is offering 15,764

It comes direct from BA to BCA as far as I know, I'm going to the bank on Monday to see what the problem is, my British pension Has a much better rate, but can confirm next week when it's paid out

 

[fastpitch17]

15162 rp per £ on my BA pension, seems I'm going to have to take that job as dish washer after all

When did they start washing dishes?

 

[Anglian]

When did they start washing dishes?

I was thinking more of here in Pondok Cabe, possibly at the Italian restaurant, may get an occasional meal thrown in,

 

[Smallworld]

When did they start washing dishes?

You are right .... they use tissues (dry ones) to clean forks and spoons. Like last Saturday case in Cinema in Orange county in Lippo Cikarang - authentic case.

 

[jstar]

As said before, that is the standard ritual when eating out with family; cleaning the plates and utensils first. Very common practice for patrons. (We will have dim sum at 11 and I just know it will happen; it grows on you though.)

 

[Smallworld]

As said before, that is the standard ritual when eating out with family; cleaning the plates and utensils first. Very common practice for patrons. (We will have dim sum at 11 and I just know it will happen; it grows on you though.)

I don't know why but my wife (Indonesian) didn't want to buy anything from him after she's caught him on what he was doing while squatting behind food stall. Must be something bad as it set her off.

 

[lone_ranger]

The UK decided to keep it's own currency, as well as vote to exit. All damage was certainly self inflicted.
If you live in Indonesia, it's likely your expenses are lower than the UK, anyway. Lots of other currencies have taken a bath over the last 10 years. Just look at the Australian and Canadian dollars as examples.

England is keeping its currency. You'd be lucky to get anyone to accept Scottish notes, ever!

 

[Smallworld]

England is keeping its currency. You'd be lucky to get anyone to accept Scottish notes, ever!

Maybe they will try to be independent from UK (like Ireland), maybe they will try to switch to Euro, maybe they will keep their currency.... we will see what will happen.

There are 8 other countries in EU (except UK) that have their own currencies.

 

[Davita]

15162 rp per £ on my BA pension, seems I'm going to have to take that job as dish washer after all

That's terrible, how are you sending the money? TransferWise is offering 15,764

I'm having this conversation on another forum and Transferwise does seem to offer much better rates than your bank...I suggest you log-on to Transferwise...I just did and it offers £1 = IDR 15,834 net of charges.

 

[Anglian]

Thanks Dave, I will have to check with BA to see how they transfer the pension, with the main British pension, all pensions are done through Citi bank London, so no change there

 

[jstar]

Not bad: https://www.currencyfair.com/blog/money-transfer-companies-compared/

 

[Davita]

Thanks Dave, I will have to check with BA to see how they transfer the pension, with the main British pension, all pensions are done through Citi bank London, so no change there

I think you must have requested for overseas remittance so they use Citi.
My OAP and RAF pensions are direct deposits into my HSBC account in the Channel Islands. The funds sit there in GBP, on low interest, until I decide what to do.