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abroad allowed amount balance of payments Bank of England banker bill borrower British brokers buyer buying and selling Canadian dollars capital cent per annum charges cheque clause convertibility cost cover credit instruments creditor deal debt debtor demand deposit discount drawee economic equivalent eventually Exchange Control exchange dealer exchange rates exchange value export external fixed fluctuations foreign centre foreign currency Foreign Exchange Market foreign units forward margin forward sale French francs funds Gold Point H.M. Treasury home currency imports investment loans London Bullion Market loss of interest monetary months forward obtained official operations option ounce parity period pound premium profit quotations quoted rate of exchange rate of interest remittance residents restrictions rupees Scheduled Territories securities seller sold spot rate Sterling Accounts Sterling Area Swiss francs T.T. rate three months trade transactions transfer U.S. dollars United Kingdom York