EU transfers in the UK? PayPal? How to receive money?
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EU transfers in the UK? PayPal? How to receive money?
I just transferred some reels to a fellow in the UK, and apparently the EU transfer would cost him 30 Euro!!! How is this possible?
I remember we had a thread earlier about EU transfers (or similar), how much do you guys pay to make a bank transfer to the rest of Europe from UK? Is it like 30 Euro for a transfer? Sounds insane to me....
How can I receive money in a "cheap" way? Is PayPal the only option here or what?
I know PayPal charges me for receiving money so I´d just add that to the price for the transfer. I know I shouldn´t be doing that according to PayPal but any other bank transfer fees are paid by the clients anyway, so what´s the big deal?
I remember we had a thread earlier about EU transfers (or similar), how much do you guys pay to make a bank transfer to the rest of Europe from UK? Is it like 30 Euro for a transfer? Sounds insane to me....
How can I receive money in a "cheap" way? Is PayPal the only option here or what?
I know PayPal charges me for receiving money so I´d just add that to the price for the transfer. I know I shouldn´t be doing that according to PayPal but any other bank transfer fees are paid by the clients anyway, so what´s the big deal?
Kent Kumpula - Uppsala Bildteknik AB
http://www.uppsalabildteknik.com/
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http://www.uppsalabildteknik.com/
http://www.uppsalabildteknik.com/english/
(I'm the 'uk guy' trying to pay Kent!!)
I was more than somewhat surprised when I found out that the charge would be £21 - I got the guy at the bank to double-check, but that's apparently the price (First Direct BTW; a division of HSBC).
As for paypal, I don't mind paying the 3 or 4% (obviously Kent is running a service, and he needs to get the full amount)...
... as far as I can see, I may as well just get some euros from the nearest Bureau de Change and post it!
I was more than somewhat surprised when I found out that the charge would be £21 - I got the guy at the bank to double-check, but that's apparently the price (First Direct BTW; a division of HSBC).
As for paypal, I don't mind paying the 3 or 4% (obviously Kent is running a service, and he needs to get the full amount)...
... as far as I can see, I may as well just get some euros from the nearest Bureau de Change and post it!
cameras: Canon mvx250i / 518SV / 814E | GAF 738
projectors: Eumig S807 / Mark S
web: minimism.com namke.com
projectors: Eumig S807 / Mark S
web: minimism.com namke.com
30 euros! Sounds like he is lying....I can send money to the states cheaper than that and they're not even part of the International Banks Clearing System (US banks are in the stone age).
From my Lloyds TSB account I can send to EU bank accounts either free or at low cost using the IBN (International Banking Number)...or at worst using Economy Money Mover.
From my Lloyds TSB account I can send to EU bank accounts either free or at low cost using the IBN (International Banking Number)...or at worst using Economy Money Mover.
The government says that by 2010 30% of us will be fat....I am merely a trendsetter
I hope by 'he' you don't mean me I checked up on first direct's web page after speaking to them, and yes - the published charge is £21 (http://www.firstdirect.com/rates/charge ... el_charges 'Electronic Payment Abroad'Angus wrote:30 euros! Sounds like he is lying....I can send money to the states cheaper than that and they're not even part of the International Banks Clearing System (US banks are in the stone age).
Yep, I reckon I'll do the same if it's Ok with Kent ;)Sparky wrote:I usually end up buying euros at the PO and sending them in an envelope!
john..
cameras: Canon mvx250i / 518SV / 814E | GAF 738
projectors: Eumig S807 / Mark S
web: minimism.com namke.com
projectors: Eumig S807 / Mark S
web: minimism.com namke.com
Since the Euro, UK banks seem to be trying to cash in on foreign currency while they still have the chance. Why doesn't the EU do them for restraint of trade?
Sending currency seems the obvious answer, but it does tend to disappear since everything gets X-rayed for security. Either register cash, or disguise it. I usually wrap the notes around a small bit of aluminium sheet (1.2 mm to 1.5 mm thick ) and put it in a small padded bag.
It is odd that, for business purposes, I can receive transfers from the Eurozone for free using IBAN, but making payments is something else.
Sending currency seems the obvious answer, but it does tend to disappear since everything gets X-rayed for security. Either register cash, or disguise it. I usually wrap the notes around a small bit of aluminium sheet (1.2 mm to 1.5 mm thick ) and put it in a small padded bag.
It is odd that, for business purposes, I can receive transfers from the Eurozone for free using IBAN, but making payments is something else.
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This price is most likely correct and varies from bank to bank. Here in Norway we have a few banks that offers free transfers (Ie. Skandiabanken), but these can't transfer to any foreign account. This account must be within a bank of their network. If not, you'll have to contact a business bank that will make the transfer for about £21.
I belive it actually IS cheaper, atleast here in Norway, if you send it to an IBAN account and not just an account with a SWIFT/BIC number.
Still, cash or Paypal is most likely the cheapest way if Kent doesn't accept creditcards.
Paypal charges 3.6% - exactly the same VISA/Mastercard charges my company when we charge customers through creditcards.
Andreas
I belive it actually IS cheaper, atleast here in Norway, if you send it to an IBAN account and not just an account with a SWIFT/BIC number.
Still, cash or Paypal is most likely the cheapest way if Kent doesn't accept creditcards.
Paypal charges 3.6% - exactly the same VISA/Mastercard charges my company when we charge customers through creditcards.
Andreas
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Namke wrote:
I´m in no hurry to get your money, I´ll send the stuff to you tomorrow and whenever we have found a good way of dealing with the payment you can pay me.
If you prefer cash in envelope instead of 3% add for a PayPal or similar we can do it with cash, but I think it feels unsafe... (or I would at least if it was my money!).
Awand wrote:
...mumble mumble....30 Euros....@!¤**@.....ripoff....stoneage....
Well no problem for me, but it would be a pain in the a** if someone stole your money...Sparky wrote:
I usually end up buying euros at the PO and sending them in an envelope!
Yep, I reckon I'll do the same if it's Ok with Kent Wink
john..
I´m in no hurry to get your money, I´ll send the stuff to you tomorrow and whenever we have found a good way of dealing with the payment you can pay me.
If you prefer cash in envelope instead of 3% add for a PayPal or similar we can do it with cash, but I think it feels unsafe... (or I would at least if it was my money!).
Awand wrote:
Hmmm, interesting. I will have to talk to my guy at the bank about receiving payments with creditcards. I will probably add PayPal or some creditcard thingy as a way of paying. 30 Euros per payment is definetly over the top! 8OPaypal charges 3.6% - exactly the same VISA/Mastercard charges my company when we charge customers through creditcards.
...mumble mumble....30 Euros....@!¤**@.....ripoff....stoneage....
Kent Kumpula - Uppsala Bildteknik AB
http://www.uppsalabildteknik.com/
http://www.uppsalabildteknik.com/english/
http://www.uppsalabildteknik.com/
http://www.uppsalabildteknik.com/english/
Yes, well I am a little uncertain about doing so, but it seems like this is not an uncommon way of sending payments... Anyone here ever had their 'carefully concealed cash' go missing??!Uppsala BildTeknik wrote:Namke wrote:Well no problem for me, but it would be a pain in the a** if someone stole your money...Sparky wrote:
I usually end up buying euros at the PO and sending them in an envelope!
Yep, I reckon I'll do the same if it's Ok with Kent ;)
john..
Thanks Kent - that's extremely good of you.Uppsala BildTeknik wrote:I´m in no hurry to get your money, I´ll send the stuff to you tomorrow and whenever we have found a good way of dealing with the payment you can pay me.
...mumble mumble....30 Euros....@!¤**@.....ripoff....stoneage....
I would prefer to get you your money ASAP of course (before I spend any more on film!!)
john..
cameras: Canon mvx250i / 518SV / 814E | GAF 738
projectors: Eumig S807 / Mark S
web: minimism.com namke.com
projectors: Eumig S807 / Mark S
web: minimism.com namke.com
From the U.S., my bank charges $23 for a transfer to a European bank. It's also prone to mistakes because it seems to be a very manual process compared to ACH transfers (the domestic version for which there are no fees).
It's almost always worthwhile for me to convince the seller into letting me send him his PayPal fees than to do a money transfer. Incidentally, when there there's a mistake, I have to pay again to resend it. I once spent $46 in fees to buy a $12 camera from Germany.
It's almost always worthwhile for me to convince the seller into letting me send him his PayPal fees than to do a money transfer. Incidentally, when there there's a mistake, I have to pay again to resend it. I once spent $46 in fees to buy a $12 camera from Germany.
Well, unless they're changed their policy in the last year, I wouldn't bother. Around a year ago I wanted to make an IBAN transfer to Germany through Lloyds and was told it would cost £30.Sparky wrote:Reckon I'll look into a Lloyds account!
Mark
I've paid for several items on ebay.de by sending Euros by registered post and never had a problem.
Rob
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yes. not me, but another member sent me €10 a while ago and i never got it. i took the hit that time since it was so little, but that's the problem. how does the sender prove that he sent it and the receiver that he didn't get it? registered mail costs as much as a bank transfer.namke wrote:Anyone here ever had their 'carefully concealed cash' go missing??!
/matt