Join our investing community

banks exchange rate buffer what % do they use

Discussion in 'Finance & Banking' started by patch, 2nd Sep, 2008.

  1. patch

    patch New Member

    30th Aug, 2008
    christchurch nz
    we are kiwi investers with properties in qld our suncorp bank have increased their exchange rate buffer to 20% which means our previous approved preapproval is cancelled so we cannot obtain a loan from this my question is does anyone no of a lender who uses a smaller buffer than 20%in their exchange rate calculations? thanks in advance patch .