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From: "J.E. Shields" <jshields at INDY.NET>
Subject: Re: SeedEx payments
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Hi all,

We do international business all the time, and payments can be a
pain.  This past week, we tried paying a bill to a friend in Peoples
Republic of China by Western Union.  I don't know what the relative
exchange rate was, but the process of simplicity itself.  The fee was abo=ut
2.5%.  He had the money, in Yuan, in no more than a few hours.

Paypal costs at least 5% and has limits on amounts you can transfer unles=s
you get a commercial account.  I avoid Paypal.

We pay bills overseas often using our normal personal bank account checks
in dollars.  We add $10-$15 for fees at the other end.  The person you ar=e
paying probably needs to have a relationship with a bank to cash them, I
suppose.

People can buy US dollar bank checks at American Express offices to pay
us.  I do not know what the fees are.  The checks are issued in US dollar=s
payable on a New York bank, which means we can cash them anywhere in the =USA.

All these are for transactions that amount to more than $100, so for smal=l
payments like send $15 to AEG for seeds, cash is likely to be the best
way.  If you are worried about theft in the mails, put the notes in a
birthday card!

Regards,
Jim Shields
in central Indiana


At 11:25 PM 6/16/2005 -0700, you wrote:
>>  sending Currency notes or Bank Draft- It costs an arm and a leg to
>> purchase either from the banks here in Australia
>
>
>It is relatively simple for us to get foreign money here in Canada. Ther=e
>are currency exchange businesses downtown, including Custom House which
>also operates in Australia, banks, credit unions which have lower fees
>than banks, friends who've returned from overseas with odd bits of cash =...
>
>Can't you find somewhere cheaper than a bank?  I kept my money in a post
>office account when I worked in New Zealand.
>
>Why don't you find some U.S. tourists and trade some money with them? Th=e
>Americans still have small paper bills, unlike Canada and the U.K. One
>dollar bills are great - one or two can be sent to repay postage for a
>requested catalogue or packet of seeds.
>
>--
>Diane Whitehead  Victoria, British Columbia, Canada
>maritime zone 8
>cool mediterranean climate (dry summer, rainy winter - 68 cm annually)
>sandy soil

*************************************************
Jim Shields             USDA Zone 5             Shields Gardens, Ltd.
P.O. Box 92              WWW:    http://www.shieldsgardens.com/
Westfield, Indiana 46074, USA
Tel. ++1-317-867-3344     or      toll-free 1-866-449-3344 in USA