American Buyer

[retired_member6]

A quick question please

What's the best way to accept payment from an american business? Is cheque acceptable?

 

[Pred]

payment

Hi Lee,
dont they have 'checks'? :-D
not sure if our banks would charge for one of theirs. I'd say best way is bankwire, online transfer if same bank (istant) or paypal. You can't beat paypal, i know there's charges, but payment instant, invoices instant & they don't even have to have a paypal account.Just a card. I swear by it.
Nice little sale to a septic tank then? :mrgreen:
Cheers, Pred

 

[retired_member6]

Hi Lee,
dont they have 'checks':-D ?
not sure if our banks would charge for one of theirs. I'd say best way is bankwire, online transfer if same bank (istant) or paypal. You can't beat paypal, i know there's charges, but it's instant, invoices instant & they don't even have to have a paypal account. I swear by it.
Nice little sale then to a septic tank then? :mrgreen:
Cheers, Pred

Little yes, but I figured ten quick sales for £100 is better than trying to flog all my domains on here for £10. I took a risk and one paid off, well... got lucky. I could've asked for more but I need money. Just a shame cornerflag didn't pay off as well. Can't win them all though.

What's the charges on paypal? requesting and pushing out to card again?

 

[retired_member6]

Found it, nothing to move and 3.4% incoming. I may do that. I should have asked for more, nevermind, I'll get there.

 

[Jeewhizz]

Don't get a cheque. A UK Bank will need about 6 weeks to clear it. In that 6 weeks, they will put the money in your account, but it can still bounce. There is also a processing charge, and then obviously the exchange rate.

 

[togoodhlth]

Wire transfer. I do it all the time from US to China and US to Mexico.

I would have the money before transferring the domain.

If you go via Paypal and transfer after then you are taking a HUGE risk. The person could dafulat and PP will take it from your account.
Way too many horror stories!

There are a lot of escrow services as well.

GL

 

[retired_member6]

They sent an american echeque through paypal, it still hasn't cleared. So they aint getting the form yet.

 

[Pred]

Wire transfer. I do it all the time from US to China and US to Mexico.

I would have the money before transferring the domain.

If you go via Paypal and transfer after then you are taking a HUGE risk. The person could dafulat and PP will take it from your account.
Way too many horror stories!

There are a lot of escrow services as well.

GL

Hi,
If someone sends you money via paypal & it goes in. If you then transfer to your bank account & say it takes 4 days & then transfer across. Can pp still take it out of your pp account/card, or is it too late if you have transferred out? Never had it happen but has woken me to the thought that it could, like you say.
Cheers, Predator