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The banks *are* able to apply lower charges if they want. When you are in a
strong position against them you can get very good conditions. For my own
int'l transaction I use the same bank the company that employes me as a
manager uses. And they charge to me just 3$ both to clear int'l checks or
money orders and to transfer money via SWIFT.
But I agree they usually take much more money, and this is the reason why
Larry runs his great factoring service that allows everybody to save a lot
of time and money on int'l (Lego) transactions.
Mario
N. Hoogerbrug <ringebu@knoware.nl> wrote:
> Hi Alan,
>
> Your right, except that the banks charges you for handling the checks any • way.
> I didnt know, but they do. At least they do it in Holland so Germany wont • be much
> different.
> Cashing and using checks is an very expensive way of transferring money • from one
> account to another. Were in Europe able to transfer money with an • accountbook to
> another account in Europe. Just by writing the right currency and the • account number
> and its done, sitting in an lazy chair at home.
> But the banks charge you for every handling they do, using SWIFT codes • seems fi
> seems to be very expensive for an money transfer from the US to Europe • because the
> banks charge 30 - 40 $ for it, if they even ever heard of the method.
> So sending money overseas is expensive anyway, but shipping money straight • in an
> envelop is the last cheap possibylitty. Only 2 % charge for transferring $ • to
> another currency.
> Greetings and keep building
>
> Nico
>
>
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Message has 1 Reply:
Message is in Reply To:
 | | Re: Shipping from Germany
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| Hi Alan, Your right, except that the banks charges you for handling the checks any way. I didnt know, but they do. At least they do it in Holland so Germany wont be much different. Cashing and using checks is an very expensive way of transferring (...) (25 years ago, 5-Jan-00, to lugnet.trains, lugnet.market.shipping)
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