Subject:
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autoFAQpost /market/auction/payment/04_howto_handle_international_currency.en.faq
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Newsgroups:
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lugnet.faq
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Date:
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Mon, 12 Jul 1999 23:20:31 GMT
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Viewed:
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1312 times
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Subject: How is international currency handled?
Topic-Level: 1
Content-Language: en
Topic-Level: 0
Revision: Todd Lehman, 1996-01-08
Location: /market/auction/payment/
<P>It depends. Some countries apply a surcharge on an international money
order (for example Norway and the Netherlands). Other countries like
Canada have a very relaxed arrangement with the U.S. and you shouldn't have
any trouble.</P>
<P>A bidder in Germany once paid for items in a U.S. auction with a check drawn
on a New York bank. It worked very well but his bank in Germany took two
weeks to prepare the check.</P>
<P>You can usually wire money -- a bank-to-bank electronic funds transfer --
for a reasonable fee.</P>
<P>[This section could grow as more data is collected. Send horror stories to
the FAQ maintainer.]</P>
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