View Single Post
Old 02-03-2004, 07:52 AM  
rigrunner
Confirmed User
 
Industry Role:
Join Date: Jan 2004
Location: UK
Posts: 877
Quote:
Originally posted by DBX
Actually, I've had reports from wm's in the UK who are charged 5-10 % for cashing a US issued check in US dollars. We began wiring the funds in whatever currency a wm prefers to save the wm the costs their banks were charging them for converting the currency.
I can't write a check in Euros or UK Pounds, but I can transfer the funds in whatever currency a wm likes ($5000.00 minimum for wire transfer).
yup always charged for USD cheques when i first started out i was letting places send me $20 cheques but it totally wasnt worth it because of the amount banks take off, now i wait for bigger cheques and it's not so bad
rigrunner is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote