Subject:
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Re: Why do so many people say "I will only ship to the us"?
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Newsgroups:
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lugnet.market.auction
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Date:
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Mon, 8 May 2000 20:34:55 GMT
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Viewed:
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954 times
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Thanks, Tom, for reminding me why this was such a problem.
What you didn't add was that you can't lock in the exchange
rate when you pay the local Post Office. Instead, they cut
the money order in St Louis at the exchange rate prevailing
whenever your order finally arrives there. Now, if the currency
that you're converting TO falls in relation to the dollar in the
meantime, no problem -- the recipient just gets more money, and
you were, after all, prepared to pay that much in U.S. dollars.
BUT, if the other currency rises against the dollar during those
weeks, then your recipient gets LESS than you promised to pay,
and (surprise!) might not be inclined to ship your goods.
In lugnet.market.auction, Tom Stangl writes:
> Intl MOs are available in the US from the USPS. NOTE, however, that for many • countries,
> the entire process to get your IPMO can take WEEKS. First you pay the local • PO - they send
> it off to St Louis or someplace, which creates the IPMO, and mails it back to • you. Rather
> insane.
>
> Luckily, that's not the case for Canada, you can get IPMOs at the USPS for • Canada and a few
> other countries. And you can cash Canadian PMOs (and Japan, and a few other • countries) for
> free there too.
>
>
> Jonathan Wilson wrote:
>
> > Christopher Lindsey wrote:
> >
> > > > That, my friend is why they invented the money order: reasonably cheap • for the
> > > > buyer, costs nothing the for the casher (I think, dont quote me on this) • and is
> > > > accepted worldwide (you just get it in the correct currency). The buyers • end
> > > > handles the currency conversion so the seller gets it ready to go in us$ • or euros
> > > > or whatever.
> > >
> > > Remember that international money orders aren't available everywhere,
> > > though.
> > > New Zealand is one such country...
> > >
> > > Chris
> > >
> > > Followup-To: set to lugnet.market.auction
> > > --
> > > Remove the nospam machine name in my email address to send a personal
> > > reply.
> >
> > For those countries where they can be obtained then it is the easiest way to • send money
> > internationally.
>
> --
> | Tom Stangl, Technical Support Netscape Communications Corp
> | Please do not associate my personal views with my employer
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