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Bank charges - Money transfer! Another way without charges??
Thread poster: Maya Jurt

Maya Jurt  Identity Verified
Switzerland
Local time: 11:35
Member (2002)
French to German
+ ...
May 22, 2002

Here is a question that has bothered me for some time, but I have not many answers to it.



I have sent some money orders through the Swiss Postal Services and paid very little for their service. Now I transfer the money electronically and I am told that for each payment, I will only be charged two Swiss francs per payment.



Do any of you receive postal orders, either cash or giro, and how much does the receiver have to pay? I know that the service is free in France and Canada. But it seems that some countries, the postal services deduct something. How much?



Could you enquire and tell me? The more exotic the country is, the better. I\'d like to establish a list, for it seems to me that postal services are cheaper than bank transfer.



Thanks for your help



Maya

(I have visited some sites of postal services and it seems that India does not charge the receiver. There is no site for Russia)



[ This Message was edited by: on 2002-05-22 15:33 ]

[ This Message was edited by: on 2002-05-23 17:29 ]

[ This Message was edited by: on 2002-05-26 21:25 ]


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Parrot  Identity Verified
Spain
Local time: 11:35
Member (2002)
Spanish to English
+ ...
Great idea, Maya, I'll get down to it. May 25, 2002

It\'s also my problem (setting a minimum charge to cover bank fees and discovering the client has another mode of payment, or similarly, finding out that a small job I sent out has had to be deducted 50%). As far as I know, the cheapest way in Spain for both sides is electronic (e-banking transfer for invoicing in euros). But that also depends on the bank. I\'ll get back when I have the data.



I saw your posting in trixie\'s and I think (from what I\'m told by a friend) that Argentina is possibly a problem. There are many people interested, since the plight of our Argentine colleagues is extraordinary and quite a lot of people would like to help them. But there are two agents, the bank and the fisc, who both tend to be leonine, it seems (the fisc wants to collect before the bank, which has a big take, and the bank wants to collect before the fisc.) I\'m also interested in finding out HOW MUCH really filters down, \"corralito\" and all. (Imagine if, in the end, we would have to set up an NGO for translator payments???)


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Rossana Triaca  Identity Verified
Uruguay
Local time: 07:35
English to Spanish
Money order fees around here... May 25, 2002

(here being Uruguay) are about 2-3% of the amount, in USD. I find it very accesible compared to bank account fees. Of course, the money order in itself is worth a lot more to buy (depends on the price range), but I still find it cheaper than wire transfers.



Even more; a good thing about money orders is that customers can buy them online and you get an inmediate email notification of the purchase... they are good for about 3 years, so I just collect a whole bunch and cash them all together.



Regards,

Rossana





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Maya Jurt  Identity Verified
Switzerland
Local time: 11:35
Member (2002)
French to German
+ ...
TOPIC STARTER
Who and where to inquire! May 26, 2002

Rossanna, I do not know if we talk about the some thing. My question is: if I send you some Dollars with PostCash International, how do you get that money? At the postal counter? Do the postal Services deliver it at your address. Can you open a postal account? Could you inquire?

Below is a list of the members of the EuroGiro Organisation. Unfortunately, all Latin American Countries are missing.



Just to give you an exemple, one correspondent wrote:

__________________________________________

I was always miffed about the horrendous bank transfer fees from my own bank accounts in Japan to my own or other bank account in Europe or America and vice versa. I always had to cough up about €60 to cover the

fees on both sides.



Then I became aware of the postal giro services. I opened accounts in Japan (http://www.yu-cho.yusei.go.jp/e_index.htm) and in Germany /www.postbank.de) and \"my life was never the same thereafter\"



Seriously, It costs me now €3 for a snail-mailed transfer from Japan to Germany, where the Postbank does not charge anything. It takes about a week to hit my account, but I don\'t really care. If I need a faster

service, I chose telegrafic transfer at €10, which is still substantially less than the banks charge.



From Germany to Japan it is even cheaper. The Postbank charges me just €0.50 (!!!) and there are NO charges on the Japanese end - how much better could it become?

____________________________________________

Here is the list of coutries with a link:



Austria http://www.psk.co.at/



Belgium http://pv.fr.bpg.post.be/FR/private/default.asp



Canada http://www.nbc.ca/index_e.html

Here I know for sure that money sent by Post CashInternational is delivered to the receivers home without cost.



Cape Verde Correios De Cabo Verde S.A.R.L Rue Cesario Lacerda Praia POB

92

Praia - Cabo Verde Tel: +238 61 10 49



China http://www.chinapost.gov.cn/index.htm



Croatia http://www.posta.hr/



Czech Republic http://www.csob.cz/



Denmark http://www.danskebank.com/



Estonia http://www.sampo.ee/



Finland http://www.sampo.fi/



France http://www.laposte.fr/



Germany http://www.postbank.de/



Greece http://www.postbank.de/



Hungary http://www.posta.hu/



Iceland http://www.postur.is/haht/islandspostur-vefur/vefur/



Ireland http://www.anpost.ie/



Israel http://www.postil.com/postunit.nsf/def2/index/



Italy http://www.poste.it/



Japan http://www.yu-cho.yusei.go.jp/



Latvia http://www.pasts.lv/



Luxembourg

http://www.ccp.lu/CCP/getDocsDoss?lng=1&id=3&bRubr=1&boul=1&idchemin=3



Morocco http://www.bam.net.ma/



The Netherlands http://www.ing.nl/ing/contentm.nsf/home_nl!readform



Norway http://www.postbanken.no/startside.asp?sc=800&vd=



Portugal http://www.ctt.pt/



Romania, Banc Post S.A. http://www.bancpost.ro/



Slovak rep. http://www.pabk.sk/spolocnost/default.asp



Slovenia http://www.pbs.si/



Spain, Correos y Telégrafos http://www.correos.es/20/40/2040.asp



Sweden http://www.postgirotbank.com/



Switzerland

https://www.postfinance.ch/FinancePortal/handle/evtLanguage.do?pNls=en



Tunisia http://www.poste.tn/



Turkey Directorate of Post International Relations Department 06101 Ankara Turkey

Tel: +90 312 309 5400 Fax: +90 312 309 5408



United Kingdom http://www.girobank.co.uk/



U.S.A. http://www.gis.deutsche-bank.com/GIS/NewClientCenter/ Funnily enough, it is Deutsche Bank who is a member of EuroGiro. Could someone inquire if money sent by postCashInternational is delivered by the postal services or Western Union and I what costs????



Yugoslavia http://www.posted.co.yu/



[ This Message was edited by: on 2002-05-26 11:58 ]

[ This Message was edited by: on 2002-05-26 11:59 ]


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Rossana Triaca  Identity Verified
Uruguay
Local time: 07:35
English to Spanish
I´ll try to find out... May 26, 2002

whether those postal orders (PostCash) you mention are the same as the good old money orders I get, and if it is possible to open up a postal account in here (whathever that means .



I suspect though that they are the same; money orders are sent by certified postal mail and carry the recipient´s name (similar to a personal check), and you exchange it in most banks with any ID.



Western Union is a common place to buy them; but I prefer Energyflow, just in case you wanted to check their system and prices.



Regards,

Rossana


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Lesley Clayton
France
Local time: 11:35
French to English
+ ...
Cheque vs. money order Jun 9, 2002

I\'m interested in this discussion because I have just accepted a very small job from a new client in the U.S. (I live in France) in the hope that there will be more to come. The job is worth about €20 and the client has asked if it\'s alright for him to send me a business cheque. Obviously, if he sends the cheque in dollars I might just as well do the job for free, but what if he sends the cheque in Euros? Do I pay the charges or does he?

If I ask him to send me a money order written in Euros (from Western Union?), does this mean I will be able to pay it into a Post Office (La Poste) account with no charge to me? If not, then can he send the money in Euros direct to my bank account if I provide him with my international bank code or Swift number (again at no charge to me)?

I ask all this because I can\'t get in touch with my bank until Tuesday and I\'d like to reply to my client tomorrow if at all possible.



Many thanks.


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Maya Jurt  Identity Verified
Switzerland
Local time: 11:35
Member (2002)
French to German
+ ...
TOPIC STARTER
Western Union? Oh no! Jun 9, 2002

Hi Lesley,

I do not think a transfer through Western Union would work. They charge you more than you get.



Go to

http://www.usps.com/paymentservices/welcome.htm

to find out how it works with the U.S. Postal services.

I just sent some money from Switzerland to the USA, and there seems to be no charge. (For me, the charges were app. € 1.50). I will have the confirmation when the money arrives.

For other countries, the Eurogiro site

www.eurogiro.com/partners/

gives a lot of information.



I will know more in a few weeks, but it seems that proZ members rather have the answer to reasonable money transfer rates served on a silver platter. Or they do not care. Either way, I really would like some input for different countries. Anybody out there to help?



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Lesley Clayton
France
Local time: 11:35
French to English
+ ...
Thank you, Maya Jun 9, 2002

Your information is very helpful and I\'m going to see what they say at La Poste tomorrow and then I\'ll see what my client thinks.



I cannot speak for anyone else, but for me it\'s not a question of wanting it on a silver platter or of not caring, it\'s just that up to now I\'ve only dealt with clients that have French bank accounts. I\'m also a bit of a numbskull when it comes to transfers quite simply because I\'ve never had to do it before. I think there are probably a quite a few of us who simply don\'t know how these things work.



Thank you for helping me meet the 21st century


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