Paying in foreign currencies

Paying in foreign currencies

Author
Discussion

PetrolTed

Original Poster:

34,443 posts

310 months

Wednesday 10th December 2003
quotequote all
What's the easiest way of doing this? I have a number of people who I need to pay for articles at the moment in a variety of currencies. Doing it via my bank involves tedious forms and is a long winded PITA.

Aside from Paypal is there any other multi currency means of transferring money around easily?

dontlift

9,396 posts

265 months

Wednesday 10th December 2003
quotequote all
Nope, paypal it

zorro

4,474 posts

289 months

Thursday 11th December 2003
quotequote all
Western Union or Moneygram , I've sent USD using these, simple form...WU rape you on their charges tho.

simpo two

87,068 posts

272 months

Thursday 11th December 2003
quotequote all
I accept credit cards. I agree a price with the client in GBP and that amount appears in my account. On their bill it appears in their native currency including any commission.

Alternatively you could use a bank which enables you to have separate dollar and euro accounts. That means you can even deal in currency when the exchange rates are good! Mail me if you need more info.

ErnestM

11,621 posts

274 months

Thursday 11th December 2003
quotequote all
zorro said:
Western Union or Moneygram , I've sent USD using these, simple form...WU rape you on their charges tho.


MoneyGram is the easiest to use and least expensive. You can even set up a MoneyGram "receiver code" easily and usually for free so people can send you money. Western Union is now owned by First Data Corporation. Good company but extremely fee driven.

ErnestM

GregE240

10,857 posts

274 months

Thursday 11th December 2003
quotequote all
Multi currency account maybe?

I've got an offshore account which allows me a Sterling cheque account and a $US check book and card too.

That any good to you?

Only downside is my bank now think I'm some small time bejewelled crack dealer

JamieBeeston

9,294 posts

272 months

Thursday 11th December 2003
quotequote all
www.moneybookers.com/

MoneyBookers said:

Which currencies do you accept?
A full list of possible account currencies is shown on the 'registration' page. Currently, these are: Euro, British Pound, Bulgarian Lev, U.S. Dollar, Australian Dollar, Canadian Dollar, Czech Koruna, Danish Krone, Estonian Koruna, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Latvia Lat, Malaysian Ringgit, New Taiwan Dollar, New Zealand Dollar, Norwegian Krone, Polish Zloty, Singapore Dollar, Slovakian Koruna, Slovenian Tollar, South-African rand, South-Korean won, Swedish Krona, Swiss Franc and Thailand Baht.


Used by a m8 of mine to pay his German Supplier,

paypal was far too $$$, and bacs was PITA needing silly codes.

Viper

10,005 posts

280 months

Thursday 11th December 2003
quotequote all
GregE240 said:
Multi currency account maybe?

I've got an offshore account which allows me a Sterling cheque account and a $US check book and card too.

That any good to you?

Only downside is my bank now think I'm some small time bejewelled crack dealer



whats the name of that company, I'm after such a service

simpo two

87,068 posts

272 months

Thursday 11th December 2003
quotequote all
Try www.investecprivatebank.co.uk

Based in London but entirely manned by South Africans!