Thanks Love Doctor

I think I understand the concept now, I just have to figure out how to apply it to IB. I see only the offer to buy CHF with the USD....I guess I will have to play with it some more.

Another IB topic....When you wish to send funds from your Swiss bank account you are given a CHF account in England with a GB IBAN. I sent the money via a SEPA payment and was charged a fee by my bank. My previous SEPA transfers to German Euro accounts were however all free. Is it just a UK thing that fees are involved in SEPA. Note: IB didnt charge any fees, it was my Swiss Bank.