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Cashing CCBILL checks in Spain...
Only in Banks? Rates?
Expensive? Conversion to euros? Any info appreciatted. I get my ccbill checks to a USA address, is a courier that re-ships them to me. I will be moving to Spain. Actually im in Uruguay, and here is very easy to cash those in any exchange money business, and the cost is near 2% of the check only. Thanks to any fellow adult webmaster from Spain who wish to give me some info and details about this subject. |
i would use wire transfer and set up your minimum payment to at least one thousand if i were you
i think there is a 35 dollars fee PER check + whatever conversion rate your bank is applying |
So... 35 dollars fee PER check (no matter the value?)
+ bank conversion rate.... thats expensive And a ccbill wire is cheaper then? |
I'm in Australia.
One bank cashed four cheques for a fee of $20aud. Another bank charged $20aud per cheque. You need to have a good read of your bank account's fees and fine print, then compare it to the wire method. When the US exchange rate moved out of my favour, i came to hate CCbill cheques. |
So it depends on the bank too...
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my experience in Europe (Spain, Franc, etc.) is that it's very expensive (+30€) and takes a lot of time (up to 1.5 months).
It's a shame that ccbill wire transfers are also expensive, $30. I guess they make some nice margin there. If you receive 12 wires per year you end up with a ccbill yearly bill of $360... (better than dealing with the checks but still far from ideal). |
You would need to shop around the different banks and compare.
I'm in the UK at present and my bank charges probably around $12/13 for a batch of checks which is very good. Time to clear is generally no more than a week. I only use it for small value checks though. I use wire transfers for high value payouts. The only charge then is the CCBill fee. |
la caixa used to let me save up checks and cash them all for 1 fee with no hold.
but not anymore, 6 weeks hold and atleast 15euro fee.. Just set up a wire, takes 1 day and costs 15 euros. And I've still got adult bouncer checks for the odd $100 cause they were canadian bank with usd, the cashing fee was more than the check. |
What is it with americans and these God-awful checks anyway?
Its 2009 you know. |
You should look at this thread http://www.gofuckyourself.com/showthread.php?t=790233
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OK, thanks to all for the replies, so its seems a wire is the best option.
I hope some more webmasters from Spain read this and LMK anyway. Starzone: wrong thread? says CCBILL SPONSORS with RRS FEEDS. |
bump just in case...
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