Re: changing money
- From: " Jill." <news@xxxxxxxxxxxxxxxxxxxxxxxxx>
- Date: Tue, 27 Sep 2005 10:05:21 +0100
Derry Argue wrote:
> Oz <Oz@xxxxxxxxxxxxxxxxxxxx> wrote in
> news:Z89J3gAGTPODFwXF@xxxxxxxxxxxxxxxxxxxx:
>
>> Charles Francis <charles@xxxxxxxxxxxxxxxx> writes
>>> I have two children in Indiana, and would like to be able to send
>>> them pocket money in small regular amounts. Clearly I don't want to
>>> get crippled by charges. Does anyone have any clues about what the
>>> most cost effective way to do this is?
> I run a small mail order business and trade internationally using
> PayPal and credit cards.
>
> There is a charge but I think it is about 3%. Sorry not to be more
> business-like but so long as a transaction brings in a greater profit
> than selling trade I reckon it is probably worth it!
>
> Go to http://www.paypal.com to learn more. I think anyone who has a
> credit card can open an account -- but that might be the snag.
> Sending currency is fine, but isn't it illegal, or did they change
> that? (Presumably for fear it will upset Brown's balance of payments
> calculations).
>
That was one I thought of
-- www.nochex.com is another and takes debit card accounts
Can they have an account over here still that they can access over there? -
you can then deposit money into here regularly as a standing order?
Or could you open an online US account so you can make transfers out over
there?
Online accounts may be limiting - rather dependant on computer access at
home
The Post office seems to be the one who is still geared up for international
money -- they may well be worth an ask. They still do the international
money orders I think -- their money gram is expensive but instant, they may
have a slower one?
If you google with "sending money abroad" it comes up with most banks and
some independant traveller ideas
Banks seem a bit expensive -- about £7.50 plus a shot
Not easy
--
regards
Jill Bowis [25mm of rain in the last 24 hours]
Pure bred utility chickens and ducks
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.
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