Subject:
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Re: Notice of Price Changes in Factoring Service
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Newsgroups:
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lugnet.market.services
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Date:
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Tue, 21 Mar 2000 14:35:21 GMT
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Viewed:
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4323 times
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In lugnet.market.services, Frank Filz writes:
> Has the currency exchange fluctuation been a problem with when
> factoree's get sent money? I.e., you collect payments over a period of
> several months at varying exchange rates, but by the time you send
> actual cash, the rate has changed, or is the problem that buyer and
> seller agree on an exchange rate, which is less favorable to the
> factoree than the exchange rate you (or the factoree) use?
Both, mostly the former.
> I hope x.com internationalizes soon, that will solve most of the
> problems (with x.com, I suspect most of the regular international
> sellers on eBay to get x.com accounts).
Me too. It would put me right out of business and I'd be SO THRILLED.
++Lar
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Message has 1 Reply:
 | | Re: Notice of Price Changes in Factoring Service
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| (...) I agree. From what I see from my Italian side of the factoring service, the exchange rate risk is *possibly* a BIG problem when the amounts involved are not so small. Imagine you have to send a 300$ check to an Italian seller, exchanged at an (...) (27 years ago, 21-Mar-00, to lugnet.market.services)
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Message is in Reply To:
| | Re: Notice of Price Changes in Factoring Service
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| (...) Who? Me? (...) Has the currency exchange fluctuation been a problem with when factoree's get sent money? I.e., you collect payments over a period of several months at varying exchange rates, but by the time you send actual cash, the rate has (...) (27 years ago, 21-Mar-00, to lugnet.market.services)
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