Archived posting to the Leica Users Group, 2007/02/07

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Subject: [Leica] Paypal Saga
From: douglas.sharp at gmx.de (Douglas Sharp)
Date: Wed Feb 7 07:53:43 2007
References: <20070207040754.18377.qmail@web25503.mail.ukl.yahoo.com> <CAE74508-04F6-4F7C-9D5A-3FF838F53395@mac.com>

Even something as simple as mailing a cheque in Euros to someone with a 
bank account in the UK is horrendously expensive. After exchange rates, 
foreign currency charge processing and so on and so forth the recipient 
gets to see about 40% of what you send (The European Commission is 
trying to crack down on this but is still meeting with strong resistance 
from banks) .
Paypal does the whole lot loads cheaper than my bank does - and a damn 
sight faster too.
Douglas

Lottermoser George wrote:
> Even here in the US PayPal makes sense. The cost of printing my checks 
> = .18 + .39 postage + .05 envelope + drive to post office. On Doug's 
> end he has the cost and inconvenience of driving the check to the 
> bank. Direct deposit of funds is, in my opinion, a service worth 
> paying a small fee for. Every time we use our credit card the person 
> receiving that form of payment loses a small fee.
>
> Regards,
> George Lottermoser
> george@imagist.com
>
>
>
> On Feb 6, 2007, at 10:07 PM, Nick Roberts wrote:
>
>> For me, it's quite simple - with PayPal, Doug has already got it. I 
>> have no idea how long a cheque from a UK bank would take to get 
>> there, or what he could do with it anyway once it had. Worth their 
>> share, I think, at least for those of us elsewhere.
>
>
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> Leica Users Group.
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>

Replies: Reply from Frank.Dernie at btinternet.com (Frank Dernie) ([Leica] Paypal Saga)
Reply from nathan at nathanfoto.com (Nathan Wajsman) ([Leica] Paypal Saga)
In reply to: Message from nickbroberts at yahoo.co.uk (Nick Roberts) ([Leica] EMERGENCY FS: Reflex stuff)
Message from imagist3 at mac.com (Lottermoser George) ([Leica] EMERGENCY FS: Reflex stuff)