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Article #145Receiving foreign payment ...
From: Scott Hess
Date: Fri, 28 Aug 1992 22:17
Date: Fri, 28 Aug 1992 22:17
32 lines
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1842 bytes
I'm a software developer with a reasonably popular shareware terminal emulator on the NeXT computer. In the past 6 months or so, my program's been becoming more popular overseas. Things have worked out fine, since I've been receiving payment in funds drawn on US banks. This week, I received a check drawn on a German bank. So, I take it down to Norwest (where I've an account) and try to deposit it. They want a $35 collection fee. The check's only $40! So, I'm left with a $5 piece of wallpaper. Anything I can do with it? Any good general solutions for this problem? I plan to receive more checks from Europe in the future, so this sort of puts me in a bad way ... I've checked into a couple things. Wire transfers might be alright. But, I note that Norwest would want $25 from me to make a wire transfer to a foreign land. This just puts the problem on somebody else's shoulders! I'd rather have a solution which would bring the costs down to the $10 area, which I'd be happy to split with the customer. I suppose I could always find a German distributor. That might work best. But, could the German distributor accept checks from somewhere else - like Sweden? Sigh ... Thanks, -- scott hess <shess@ssesco.com> <Who achieved programmer nirvana on Aug 11th> 12901 Upton Avenue South, #326 Burnsville, MN 55337 (612) 895-1208 Anytime! <Text: One Class to bring them all and in the darkness bind them ...>
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arc1-ca.pugleaf.net!sparky!uunet!timbuk.cray.com!shamash!uc.msc.edu!noc.msc.net!gacvx2.gac.edu!gacvax2!scottShow Full Headers
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Path: arc1-ca.pugleaf.net!sparky!uunet!timbuk.cray.com!shamash!uc.msc.edu!noc.msc.net!gacvx2.gac.edu!gacvax2!scott From: scott@nic.gac.edu (Scott Hess) Newsgroups: mn.general Subject: Receiving foreign payment ... Message-ID: <SCOTT.92Aug28171724@nic.gac.edu> Date: 28 Aug 92 22:17:24 GMT Distribution: mn Organization: Gustavus Adolphus College Lines: 32 Nntp-Posting-Host: nic.gac.edu