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Old 10-09-2010, 08:12 PM   #1
CunningStunt
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4,587.00 USD = 4,659.69 AUD = Another kick in the affiliate bollox

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Old 10-09-2010, 08:21 PM   #2
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yea, the $ is loosing ground fast last 2 months
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Old 10-09-2010, 08:22 PM   #3
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Awesome aye! Fucking labor party and their stimulus and spending did that. It's gonna get worse too. This time it will pass parity when interest rates inevitably go up.
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Old 10-09-2010, 08:25 PM   #4
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It is the US$ going down .... Near par in Canada
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Old 10-09-2010, 09:20 PM   #5
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Fuck, fuck, fuck! Times are tought enough without the Aussie dollar scewing us as well.
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Old 10-09-2010, 11:28 PM   #6
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With fees its already pretty much at parity. Though they expect real partity soon, and with Labor a party of reckless spending which puts upwards pressure on interest rates thats only gonna force it up even more against a falling greenback.
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Old 10-09-2010, 11:54 PM   #7
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If the idiots in office in the US would stop printing money hand over fist, devaluing the dollar, that would be good for starters.

I wish it were back at US$0.60 = A$1 like the good old days, my income has effectively fallen by 30-40% through no fault of my own.
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Old 10-10-2010, 04:51 AM   #8
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Ahh the good old days, when 1k USD was 2k AUD.

The upside is its a good time to import an American car I guess.

Last edited by Maxi; 10-10-2010 at 04:53 AM..
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Old 10-10-2010, 05:23 AM   #9
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$1 - Php43.50 here too low.
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Old 10-10-2010, 08:04 AM   #10
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If the idiots in office in the US would stop printing money hand over fist, devaluing the dollar, that would be good for starters.

I wish it were back at US$0.60 = A$1 like the good old days, my income has effectively fallen by 30-40% through no fault of my own.
agree with you man

same situation with me
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Old 10-10-2010, 09:57 AM   #11
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I'm sorry. I did not vote for him. Just a hint, it is going to get worse before it gets better.
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Old 10-10-2010, 10:06 AM   #12
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i miss the 1.60 CAN for ever 1 US (clinton days). Now we get less than a buck for a US dollars.
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Old 10-10-2010, 06:33 PM   #13
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http://au.news.yahoo.com/latest/a/-/...ack-a-penalty/

The Australian dollar's trajectory toward parity with the US dollar a reflection of bad economic management by the government, the coalition says.

The Australian dollar is hovering above 98c and is tipped to gain parity with the US dollar.

The situation is good for those travelling to the US but a big concern, opposition finance spokesman Andrew Robb says.

Interest rates were higher than they should be because our major competitors were artificially holding their currencies down, Mr Robb said on Monday.

"We've got nothing to celebrate if we're causing the exchange rate to be higher because of poor government performance on the productivity and spending front," he told ABC Radio.

The government should act to keep the Australian dollar lower, Mr Robb said.

"All we're doing is penalising our manufacturers who export, our farmers who export, our tourist operators."

Queensland independent Bob Katter said parity risked destroying the metals and sugar industry.

The cattle industry was already in desperate straits, Mr Katter said.

"Everyone knows what's causing it, our interest rates are 450 per cent higher than our nearest rivals, Europe," he told ABC Radio.

"Our country is going broke at a hundred miles an hour."

Mr Katter echoed Mr Robb's call to bring interest rates down.

He said the dollar should "come down to where it was in (former Treasurer and Prime Minister Paul) Keating's day" - about 60 US cents.
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Old 10-10-2010, 07:01 PM   #14
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I'm sorry. I did not vote for him. Just a hint, it is going to get worse before it gets better.
What? I was getting 10 cents below par before you guys (not you... sorry) voted Bush out. At least I'm breaking even now. The last year of Bush's reign, your American dollar was worth about 90 cents Canadian. Thanks for costing me sixty cents on the dollar.

Clinton was pulling me in a good $1.40 - $1.54 exchange.
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Old 10-10-2010, 10:17 PM   #15
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[url]

Mr Katter echoed Mr Robb's call to bring interest rates down.

He said the dollar should "come down to where it was in (former Treasurer and Prime Minister Paul) Keating's day" - about 60 US cents.
that muppet should stick to shooting pigs instead of commenting on the aussie dollar. If the US economy wasnt in the shitter the Aussie dollar wouldnt be where it is now. Why are papers reporting what the dumb fuck independants like him say now as tho his opinion matters. Election has been decided now Katter, so you can fuck off.
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Old 10-10-2010, 10:42 PM   #16
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LOL spot the Aussies on GFY!
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Old 10-11-2010, 12:21 AM   #17
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Mr Katter echoed Mr Robb's call to bring interest rates down.

He said the dollar should "come down to where it was in (former Treasurer and Prime Minister Paul) Keating's day" - about 60 US cents.
that muppet should stick to shooting pigs instead of commenting on the aussie dollar. If the US economy wasnt in the shitter the Aussie dollar wouldnt be where it is now. Why are papers reporting what the dumb fuck independants like him say now as tho his opinion matters. Election has been decided now Katter, so you can fuck off.
Katter's alright, am in his electorate of Kennedy, he is one of the few politicians that dont bullshit, you know where you stand with him. He will not puck about and says it like it is, not much spin come out of him, like most of, the rest of the federal pollies.

I agree with them, The government should act to keep the Australian dollar lower, parity risked destroying the metals and sugar industry, The cattle industry was already in desperate straits, bring back the days of, 60 US cents.

The Aussie dollar, as it is today close to parity with the US dollar, is not doing many Australians exporters much good good at all.
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Old 10-11-2010, 12:25 AM   #18
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Back in the day i was getting 5K USD a week, when the AUD was 0.50 ! Mmmm
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Old 10-11-2010, 12:34 AM   #19
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Back in the day i was getting 5K USD a week, when the AUD was 0.50 ! Mmmm
I started in this game when it was around 0.55, I thought money couldn't come much easier.

I wish I'd prioritised back then, instead of programming all day 9-5 for some faceless fucking corp, and working the evenings online - should have worked 7am - 7pm online instead.

Hindsight, you bitch.
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Old 10-11-2010, 02:40 AM   #20
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I'm sorry. I did not vote for him. Just a hint, it is going to get worse before it gets better.
you didnt have alot of choices. It was this guy or that old fart. Either way you were fucked because mr Bush's admin started this huge ass recession. I guess this guy is the better choice though, if that senile dude was president the dollar would be twice as low and the wars twice as much.
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Old 10-11-2010, 03:14 AM   #21
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I started in this game when it was around 0.55, I thought money couldn't come much easier.

I wish I'd prioritised back then, instead of programming all day 9-5 for some faceless fucking corp, and working the evenings online - should have worked 7am - 7pm online instead.

Hindsight, you bitch.
You're not the only one hindsight has kicked in the gonads. It was easy money back then. it was nothing to rock up to the bank with a handfull of cheques and walk away thousands better off. They were indeed the good old days!
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Old 10-11-2010, 03:37 AM   #22
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The AUD was briefly down at 0.48 when I first got into things... very nice.

Back then clickcash was easy money, but even then (around mid 2001 I think) I was late to get started. Some of the established guys told me they'd been making 3-4X as much only a few months prior. Funny how CC's average earning levels seemed to dip suddenly at a few well defined points over the years.
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Old 10-11-2010, 03:30 PM   #23
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Ah hindsight has kicked me in the Gonads a few times. Since starting in 97! She is a sneaky bitch because she seems to be able to creep up on me once every 4 or so years!
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Old 10-11-2010, 03:37 PM   #24
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The US dollar is fucking depressing me... I was just looking at it an hour or so ago :crysob
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Old 10-12-2010, 10:59 PM   #25
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Just took 4 checks to the bank.

Foriegn Amount: $1005.84
Rate: 1.0118
Fees: 60.00

$AU 934.11

Plus added bonus of watching the teller refer to a manual about how to handle foreign checks. Took 25 minutes!
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Old 10-13-2010, 02:28 AM   #26
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Just took 4 checks to the bank.

Foriegn Amount: $1005.84
Rate: 1.0118
Fees: 60.00

$AU 934.11

Plus added bonus of watching the teller refer to a manual about how to handle foreign checks. Took 25 minutes!
exactly, checks really fucking suck.
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Old 10-13-2010, 02:39 AM   #27
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Just took 4 checks to the bank.

Foriegn Amount: $1005.84
Rate: 1.0118
Fees: 60.00

$AU 934.11

Plus added bonus of watching the teller refer to a manual about how to handle foreign checks. Took 25 minutes!
Are you out in the bush? Even around Bronte, Sydney, E Suburbs, I used to just drive to the city to stick cheques in, the branches typically have no fucking idea. They sometimes try to charge you $20 per cheque if you get a really dippy tart.

I have only one sponsor now who still refuses to pay via wire, so my bank trips are few and far between thank fuck.
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Old 10-13-2010, 03:03 AM   #28
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Are you out in the bush? Even around Bronte, Sydney, E Suburbs, I used to just drive to the city to stick cheques in, the branches typically have no fucking idea. They sometimes try to charge you $20 per cheque if you get a really dippy tart.

I have only one sponsor now who still refuses to pay via wire, so my bank trips are few and far between thank fuck.
Kinda. Just moved to the central coast recently. With ANZ it used to be $8 a check, then it was $10 and it's been $15 for a long time. Think I'll switch more sponsors to wire even it costs more just to save the fucking hassle.
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Old 10-13-2010, 03:05 AM   #29
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Haha Cheques in Aus are a freaking joke.

$15 per check (cheque) is a bargain here it seems
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Old 10-13-2010, 03:26 AM   #30
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Kinda. Just moved to the central coast recently. With ANZ it used to be $8 a check, then it was $10 and it's been $15 for a long time. Think I'll switch more sponsors to wire even it costs more just to save the fucking hassle.
My programmer lives near Terrigal, you guys should go out for beers

I think like this about it. One hour including driving, having to look at some poorly educated muppet with an invariably large head for 20 minutes = at least $100 worth of my time.

Wire fees = at most $40 from various sponsors = No brainer
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Old 10-13-2010, 03:31 AM   #31
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At one stage I was paying $15 for unlimited cheques with immediate clearance, then $20, then $20 per 4, then they decided that they would no longer offer immediate clearance... that will be $35 per cheque PLUS a 6 week wait PLUS unknown fees charged by the remote bank, thank you very much.

I've stopped depositing cheques at Westpac now but it was always entertaining - usually I would be the one telling them what to do and what fees apply. Even when I deposit occasionally at HSBC they usually get it wrong, so I pull out the PDS and show them.
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Old 10-13-2010, 03:34 AM   #32
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I ditched my HSBC account, they were charging me US$60 per month just to have it.

Westpac is who I use, make sure the bimbos realise up to 4 cheques of the same currency go under ONE fee. Bankers are worse than affiliate managers, they are perhaps even more clueless come to think of it.
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Old 10-13-2010, 03:41 AM   #33
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I think like this about it. One hour including driving, having to look at some poorly educated muppet with an invariably large head for 20 minutes = at least $100 worth of my time.

Wire fees = at most $40 from various sponsors = No brainer
The problem for me is I promote so many sponsors... over 80 not including CCBill. Sure I have my main big sponsors where wires are worthwhile, but there are also a lot of those little ones where I might only make a few sales a month.
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Old 10-13-2010, 03:45 AM   #34
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I have an account at Westpac and they told me it was $20 per cheque. Commonwealth is $10. Ive gotten real friendly with the girl at the comm bank (shes really cute) and she deposits the cheques in my account straight away with no waiting period

but your saying I can take 4 cheques into Westpac for just the $20 fee?
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Old 10-13-2010, 06:21 AM   #35
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but your saying I can take 4 cheques into Westpac for just the $20 fee?
Yes. Last time I was in there they showed me the relevant clause in the PDS. Ask them (nicely) to confirm the fee. Then if it does actually show $20 per 4 (been a while since I deposited there) you might want to ask them to refund some of those fees charged previously...
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Old 10-13-2010, 06:24 AM   #36
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I made a little script a few years ago which scrapes Westpac's forex rates once per day and puts them in a nice graph with some short and long term averaging, plus a table showing rates for the last 30 days.

I set it as my browser's home page.

About 2 years ago they changed their template and it's been broken since, stuck on 24th November 2008. So every time I load a new window I get teased with the rate on that date, which was:

0.6218 !!!!

$USD1k back then was worth $AUD1608... now it's worth about $1010.
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Old 10-13-2010, 12:25 PM   #37
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but your saying I can take 4 cheques into Westpac for just the $20 fee?
Yes. They have to all be the same currency though.
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Old 10-13-2010, 01:37 PM   #38
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I feel the pain of the aussies. when I first started out in 1999 it was around $1.50 to the £ then after Bush came in it was a long painful 8 year slide to $2.10 until the credit crunch came around where perversely I benefitted as the £ plummetted in strength back to the levels I started at. X rates suck. It really does hurt to see $ income rise 20 or 30% and simultaneously lose 40% + from an unfavourable xrate.
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Old 10-13-2010, 09:18 PM   #39
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Expected to hit parity 1:1 tomorrow: http://au.finance.yahoo.com/news/Dol...21467.html?x=0

FFS
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Old 10-14-2010, 12:00 AM   #40
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Expected to hit parity 1:1 tomorrow: http://au.finance.yahoo.com/news/Dol...21467.html?x=0

FFS
Great, just fucking great!
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Old 10-14-2010, 03:34 AM   #41
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Well its worse than parity for us now in a realistic sense. With the cut the banks take coupled with the fees we are getting less than the $us value
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Old 10-14-2010, 03:45 AM   #42
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Save the dollar!
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Old 10-14-2010, 03:55 AM   #43
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Fuck it got close. Hit 0.99903 and then dropped off a little.
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Old 10-14-2010, 05:35 AM   #44
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10 years ago I used to double my money $USD - $AUD now it just sucks.
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Old 10-14-2010, 02:50 PM   #45
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Parity today Parity today hi ho a dario parity today.

On Another note How fucken shit is the US dollar. You yanks must love having your dollar reduced to being worth pennies. Not exactly sure how you are going to pay back your debts. When your dollar keeps dropping. China just going to come in to the USA 10 years from now and go yep thats all mine!
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Old 10-14-2010, 03:28 PM   #46
TeenSluts
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cdn exchange rate fuckin blows. cmon usd , get back to the top
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Old 10-17-2010, 01:19 AM   #47
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The Aussie could reach $US1.10 within a month, AMP Capital Investors chief economist Shane Oliver said.

http://au.news.yahoo.com/latest/a/-/...ar-alone-swan/

No help from the govt from the looks of things.
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Old 10-17-2010, 01:22 AM   #48
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Originally Posted by CunningStunt View Post
The Aussie could reach $US1.10 within a month, AMP Capital Investors chief economist Shane Oliver said.

http://au.news.yahoo.com/latest/a/-/...ar-alone-swan/

No help from the govt from the looks of things.
Any future interest rate rise will further exacerbate the situation for sure, however if we see some instability in the fragile Gillard government then this could be good to bring the dollar down somewhat.

I don't like a high dollar, not only do I end up with less $AUD each month, it also encourages more imports which this country needs like a hole in the head.
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Old 10-17-2010, 02:00 AM   #49
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I'm sorry. I did not vote for him. Just a hint, it is going to get worse before it gets better.
Under Clinton (Democrat) we were getting 35 CZK to the $
Under Bush it dropped to 15 CZK
Under Obama it climbed to 20 and now falling again to 17

Economics and exchange rate depend largely on what a country produces and exports against imports. For decades the US has been sucking in billions more than it exported. Largely supported by banking and finances. Now the banks fucked up.

It's going to get worse and worse, not better.

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Haha Cheques in Aus are a freaking joke.

$15 per check (cheque) is a bargain here it seems
When we first came here all our payments were in cheques. In fact I never got paid any other way in B2B. Never gave it a second thought that the bank charged 1% on a $5,000 cheque. Now we get a few small ones. Last month a $300 cost $15 to clear (5%)

There was always money in the bank, so 6 weeks to clear was no problem.

When I was in the UK running a porn mail order business, cheques could be as small as $30. Normally there was a minimum on clearing a cheque. I negotiated an over all rate. People moaning about the cost of clearing cheques reveal the size and number of cheques they receive.
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Old 11-02-2010, 07:06 PM   #50
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I converted a couple $k USD just now and the bank rate is ABOVE PARITY.
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