Subject:
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Re: Sending Cash Abroad
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 30 May 2000 22:55:23 GMT
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Viewed:
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499 times
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richard marchetti wrote:
> Hey:
>
> I live in the United States and have a semi-large deal pending with someone in
> Italy and I have been trying to select the best method of payment. I was
> going to send cash via a registered letter with UPS except that they informed
> me that it was illegal to send cash outside the United States. That this
> should be a illegal comes as a surprise to me as this method of payment
> appears regularly as the recommended method of paying international sellers on
> eBay.
>
> Where can I obtain the best rate on an international check or money order (SF,
> California)? My bank wanted to charge me $75 for such a draft!!! With
> shipping and so on, this deal I have been looking forward to is becoming less
> of a deal all the time...it's turning out that I will be paying an enormous
> premium on these items just to deal with someone internationally.
I'm surprised. I had to pay nothing more than the quoted exchange rate at my bank
to get Sterling bank notes. If I wanted a money order, yes, it would be expensive
to get it in lira (not quite that expensive) but getting foreign bank notes is
relatively cheap here. However, bear in mind that for me "here" is Manhattan, so
it's probably a whole different ballgame.
> I was willing to send cash except that I seem to recall people questioning the
> ethics of the Italian Postal Service and I did not before realize that it was
> considered illegal. And it is a largish sum of money being sent in cash too --
> hence my desire to send it via registered UPS.
UPS will be very expensive by itself! Internationally they're almost usurious--I
once wanted to send something to Canada and found this out very quickly. However,
have you asked if you can get a postal money order in lira from the US Postal
Service? It might take three or four weeks, but you should be able to do it (or in
Euros if not in lira). The problem is that getting such drafts requires action on
part of the St. Louis office of the USPS, so that's where the delay comes from.
In short, check with the US Postal Service. Barring that, maybe a bank in Los
Angeles might be able to help you...? Or perhaps www.bidpay.com or any of those
payment conversion services online?
best
Lindsay
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Message is in Reply To:
 | | Sending Cash Abroad
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| Hey: I live in the United States and have a semi-large deal pending with someone in Italy and I have been trying to select the best method of payment. I was going to send cash via a registered letter with UPS except that they informed me that it was (...) (24 years ago, 30-May-00, to lugnet.market.theory)
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