As the topic says - what do you think about an affiliate program paying out in euros (?) via wire transfer?
Affiliate payout in Euros (?) via Wire Transfer - what do you think?
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Affiliate payout in Euros (?) via Wire Transfer - what do you think?
25YES, Please! Euros are nice, and so are wire transfers!0%23No way! Its got to be in USD and paper checks!0%0I´m working for the FBI as an undercover GFY surfer.0%2Tags: None -
For people in EU it could be very handy
For people whose local currency is neither USD or EUR then it could still be handy as the conversion may be better for EUR
Question is... how are you going to absorb the conversion losses? If you bill in USD and pay out in EUR then the conversion risk moves from the affiliate to the program.Comment
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Euros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50..
IMO-- wires blow unless you're a fucking whale..Comment
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4. Dollar and epassporte
checks it's something we here in Sweden stop to use in the 80:s
it cost me $30 in bank fee just to cashe itComment
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Solution: European banking - no or only little wire feesOriginally posted by spacedogEuros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50..
IMO-- wires blow unless you're a fucking whale..
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No extra cost? I guess you think the USD-EUR conversion rate is constant?Originally posted by spacedogEuros are fine as my bank automatically converts at no extra cost to me..
That's one disadvantage of wires - you can't choose when to do the conversion. I have a little script that shows the past 28 days of AUD rates, plus 7, 14 and 28 day averages, to help me decide the best day to deposit a batch of cheques.Comment
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We have this capability and it works out great. In fact you can choose your payout currency.Comment
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we do it..... This is no problem.RevshareCash.com
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Your bank sucks man. Go to a few banks in your town, and ask for these things. You'll see fees vary ALOT from bank to bank. My bank charges no acceptance wire fees, no fees for checks if you let them stay in bank for 2 weeks, and for a wire of around $100 fees are around $9 (or 3% from the actuall amount you're sending up to $45 (which would be the max fee if you send more then $1500.Originally posted by spacedogEuros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50..
IMO-- wires blow unless you're a fucking whale..agentGFY *at* gmail.comComment
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If the product is billed in ?, then its payout will be in ?Originally posted by rowanQuestion is... how are you going to absorb the conversion losses? If you bill in USD and pay out in EUR then the conversion risk moves from the affiliate to the program.
If the product is billed in $, then its payout will also be in ?, which can/will be adjusted if the ?/$ conversion value moves higher/lower. Like the good old dialer days
Of course once the ? are sent, then the "risk" or "benefit" (conversion rates can also be positive
) is transfered to the affiliate. But that is not new to any affiliate who have received payouts in a different currency than his local currency.
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Euros rock
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Originally posted by BossmanIf the product is billed in ?, then its payout will be in ?
If the product is billed in $, then its payout will also be in ?, which can/will be adjusted if the ?/$ conversion value moves higher/lower. Like the good old dialer days
Of course once the ? are sent, then the "risk" or "benefit" (conversion rates can also be positive
) is transfered to the affiliate. But that is not new to any affiliate who have received payouts in a different currency than his local currency.
Odd to think there are quibbles over bank costs when talking about two currencies where there is almost a 40% difference over the last few years
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sounds like a winner if you ask me!Comment




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