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-   -   Inside US, inside EU wires, inside other zones... (https://gfy.com/showthread.php?t=985974)

McSpike 09-08-2010 12:50 AM

Inside US, inside EU wires, inside other zones...
 
The fact that wires cost $50 bucks to get one from US to EU is outrageous and that is why many were relying on epassporte - so they could accumulate the small payments and get out one big fat wire, say once per month. But come to think of it lose epass and you lose quite an option there.

So... why tha fuck on Earth aren't sponsors setting up bank accounts in separate economic zones, in US, in EU, in Asia, in South America, etc...

Inside US the wires are either cheap or very cheap. Same inside EU, cheap. And fast.

So when the payday comes you wire a big chunk to all accounts and then wire further from those accounts to affiliates. You promote wires since became more affordable for smaller payments and worry less about all the webmasterchecks and epassportes going to shit.

Here if you lose a bank in an economic zone you at least are not left with the funds tied. You can always transfer the money back - banks do not freeze it. They let you move it freely and then close the account.

I also did "international" wires and they ddin't cost $50. Much less. It's just the shitty bank with a shitty network that costs that much. Period.

So, why not spread the network, move the money to separate networks and wire from there? It's all electronic today with a few clicks of a mouse.

erooup 09-08-2010 12:59 AM

International wires dont cost anything(exept the man-hours if its not automated) unless you have a REAL bad bank. I send wires to the US and rest of the world every week, and it dont cost me a dime.

jonnax 09-08-2010 12:59 AM

Good idea..
"Domestic payments" within Eu are called Sepa-payments
http://en.wikipedia.org/wiki/Single_Euro_Payments_Area

McSpike 09-08-2010 01:32 AM

Quote:

Originally Posted by jonnax (Post 17478646)
Good idea..
"Domestic payments" within Eu are called Sepa-payments
http://en.wikipedia.org/wiki/Single_Euro_Payments_Area

SEPA, there you go. Introduced this year. Faster and cheaper.

McSpike 09-08-2010 01:34 AM

Quote:

Originally Posted by erooup (Post 17478644)
International wires dont cost anything(exept the man-hours if its not automated) unless you have a REAL bad bank. I send wires to the US and rest of the world every week, and it dont cost me a dime.

The fact that in this day and age sponsors don't give a fuck about wire payment costs is just ignorant and arrogant.


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