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Although there isn't a fixed rule, exchange rates numerically greater than around 20 were usually quoted to 3 decimal places and exchange rates greater than 80 were quoted to 2 decimal places. Then there may be the off-exchange forex market that operates round the clock. There is no such thing as a requirement of appointing local shareholder(s) and director(s) for British Virgin Island Companies. The counter-statement to this question, thinks fitting lead us into talking around the assorted means via which the insurance companies shape their means and how their policy holders are compensated. Maybe not taking your profits if they're ready for the taking could cause the increased lack of those profits since you is likely to be tempted to let them drive. If you want to transfer money abroad then it is best to compare Foreign Exchange Specialists whose experience in international money transfer is second to none. Read full disclaimer. OFX provides international money transfer services to private clients and business customers.