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Reefkeep

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Euro 240,00

 

 

 

Please pay to our Account-Nr.: Volksbank Schupbach

BLZ: 51191800, Kto:1132016

IBAN: DE17511918000001132016

BIC: GENODE51SBH

Best regards

 

UK - GERMANY

UNDERWATERPHOTOTECHNIC

 

 

 

That does that mean? Wire transfer?

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I believe it’s a direct deposit in this persons bank account.

 

Your bank transfers the money directly into his account.

 

Marc

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Wiring money saves an enormous amount of time: Out of yours into theirs and visa versa. You just direct your bank to transfer the said funds into the account at the address disclosed

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Its wire transfer, as it said before is comfortable and quick.

The problem with that is that banks usually take high commission on it.

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Which is probably what his bank will charge him to deposit the cheque, so he may send it back!

 

This is why the UK needs to join the Euro.

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I get the impression that it was a GBP cheque, in which case the German bank will charge a fat fee to clear it.

 

You can't win:

* The home bank charges a hefty fee for bank drafts

* The foreign bank charges a hefty fee to clear foreign (GBP) cheques

* Telegraphic transfer fees are high.

* The foreign bank will charge the vendor 5% for credit card use, and the purchaser will take a hit on the exchange rate used by the local bank.

 

But I think that credit cards really work best nowadays! Just make sure that the security is OK.

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Eric lives in California!

 

I regularly transfer £K's from my UK accounts to accounts abroad - I get charged about £20 per transaction.

 

eg. I sent £34,000 to an account in Dubai (In Dirums) to pay for a new car - Cost for transaction £20.00. Everything done on the internet whilst I was in transit between Seychelles & Kenya.

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Yes, but the GBP20 is normally a flat rate, and for a large transaction this is fine. But to buy widgets from some online store it is just too expensive.

 

But I agree that it works well.

 

And postal costs are often a more irritating factor than bank costs. For me to order stuff from the USA the postal costs are prohibitive - I live in South Africa!

 

I do have the problem that hi-tech items are not always available here, or are prohibitively expensive. And to get them from overseas you have bank costs, transport costs and import duties :) .

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