[LRUG] Receiving a one-off payment from the U.S.

Ash Berlin ash_lrug at firemirror.com
Fri Dec 9 03:30:51 PST 2011


Make him send you the money via a PayPal Masspay  - the fees are cheaper and the sender pays them. (He will still need to cover the currency conversion).

-ash

On 9 Dec 2011, at 11:25, Spencer Turner wrote:

> Hi All,
> 
> Just to reiterate one of Graeme's points.
>  
> * For bank transfers, the bulk of the fees are paid by the sender, but with PayPal, all the fees are paid by the recipient.
> 
> This seems to be the reason US client(s) want to pay by paypal...You, pay the fee. (and you'll probably loose out on Paypal's conversion rates) so you need to include fees and currency conversion rates in your charges if at all possible. 
> 
> Spencer
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