[Hidden-tech] Getting money from over there to here without making the banks rich

Edbride-PR Ed at edbride-pr.com
Wed Aug 20 22:36:19 EDT 2008


Why not use PayPal? It's easy on both ends, and is essentially the same 
thing as a credit card situation (except easier to set up).

Who's your bank? I have a similar relationship with a U.K. company, and my 
bank (BofA) only charges me $12 for the wire-in deposit, and nothing from 
the other end. However, the agency has a U.S. office, and I don't know which 
office actually institutes the transfer.

Ed

----- Original Message ----- 
From: "Jeanne Yocum" <Jeanne at yourghostwriter.com>
To: "Hidden Tech Discussion List" <hidden-discuss at lists.hidden-tech.net>
Sent: Wednesday, August 20, 2008 6:04 PM
Subject: [Hidden-tech] Getting money from over there to here without making 
the banks rich


> Hi,
>
> I have a client in Denmark who has been paying me by making a wire 
> transfer
> into my bank account. Every time he sends me $2K, his bank takes about $40
> out of the $2K and then my bank also charges me a $20 fee. So we're out
> roughly $60 all told. We are now entering into a retainer relationship, so
> he'll be sending money each month...and, of course, we both would like to
> eliminate the ridiculous bank fees.
>
> I asked my bank what would happen if he just FedExed me a check made out 
> in
> Euros and they said they would charge me $50 to change the Euros to 
> dollars.
> I also checked Western Union and it turns out they would charge in that
> range also for the transaction. (Funny how no matter how you do it, it 
> ends
> up costing about the same amount...why is that?)
>
> Does anybody know how to get money from there to here for less than 50 to 
> 60
> bucks per transaction?  My client will be traveling to the U.S. in a few
> weeks and is wondering if he can go into one of the major banks, provide
> them with my account number, hand them his credit card and ask them to 
> make
> a deposit to my account and charge it to his credit card.  Would this 
> work?
>
> Thanks for any input.
>
> Best,
>
> Jeanne Yocum  | Principal
> ____________________________
> Tuscarora Communications, Ltd.
> Granby, MA
> www.yourghostwriter.com
> Member: National Writers Union
>
>
>
>
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