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Old Feb 19, 2001 | 7:48 pm
  #21  
ozstamps
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Exactly Austman. My bankers here now want a FLAT $30 fee for a "SWIFT" foreign currency transfer or T/T whether $100 or $100,000 AND they screw you badly on then "real" exchange rate too. So on $200 example above, there is 15% loss PLUS the rate screw. If I bank a personal check of $US30 from a US resident it takes THREE MONTHS to actually clear and the associated fees literally leave me out of pocket - I was LOSING money on the deal, so now charge all that back to client.

So I need to spell this out in detail for foreign buyers for my business and point out their orders will not be dispatched for several months. Americans in particular I have found do not understand this problem.

www.GlenStephens.com/payment.html

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~ Glen ~
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