BCP out in UTF8 format

How to generate a file using BCP in UTF8 format. The table contains varchar,nvarchar and money as dataytpe for some columns. Will the –w switch in BCP for data file type would solve the problem because SQL server stores the data in UCS 2.0 format.
No, BCP will save it as UCS2
GertD@.SQLDev.Net
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"Shankar" <anonymous@.discussions.microsoft.com> wrote in message
news:48BA7BC9-61DF-45FF-8D8F-586C21D0CF07@.microsoft.com...
> How to generate a file using BCP in UTF8 format. The table contains
> varchar,nvarchar and money as dataytpe for some columns. Will the -w
> switch in BCP for data file type would solve the problem because SQL
> server stores the data in UCS 2.0 format.
>