Subject:
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Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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Newsgroups:
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lugnet.market.services
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Date:
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Wed, 22 Mar 2000 15:28:50 GMT
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Viewed:
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4394 times
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<topped>
> Yes, Scott and possibly others have gained,
> and I will probably have lost some money but
> as far as I'm concerned, in the UK is buying.
<tailed>
I feel I have not "gained". The buyers who use the service, at their choice,
to pay me may well have gained through lower transferral charges (although I
know this may not be the case). When I sell an item, I set a price. The
buyer must get that money to me using a method which is acceptable to me. I
do not see how I am gaining in any way. I'd appreciate some clarification on
this.
<and>
> One last point - I'm a bit puzzled by Scott's comment
> that
> > I'm sure matters have been made worse by the recent exchange rate
> > fluctuations. As a seller it is good news for me,
> given that the usual complaint in the UK the last couple
> of years is that the UK pound has been so strong that
> it's really cheap for us to buy things abroad and
> very hard for businesses to export anything. Scott?
It is because I deal in US$. Say I sell the 8880 at $160. A few months ago
this translated to UKP97, now it gives UKP103 (these are v. rough figures).
Scott A
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