[Elecraft] OT: following Amazon's lead regarding FOREX fees on international orders by cc

2010-08-30 Thread Chris Wagner
Hello Guys a fair share of K3s and other kits are sold overseas. The buyers' credit cards are denominated in some other currency like GBP, AUD or EUR. Henceforth, their bank often charges up to 2% for the currency conversion. On a $ 2,500 order that's $ 50! If Elecraft could get their cc

Re: [Elecraft] OT: following Amazon's lead regarding FOREX fees on international orders by cc

2010-08-30 Thread Gary Gregory
Yes Please. Gary On Tue, Aug 31, 2010 at 9:06 AM, Chris Wagner kf6...@gmail.com wrote: Hello Guys a fair share of K3s and other kits are sold overseas. The buyers' credit cards are denominated in some other currency like GBP, AUD or EUR. Henceforth, their bank often charges up to 2% for

Re: [Elecraft] OT: following Amazon's lead regarding FOREX fees on international orders by cc

2010-08-30 Thread Joe Subich, W4TV
If Elecraft could get their cc processing company or bank to quote sale prices in the leading currencies by customers' transaction volume, folks would save thousands. In general all that does is move the forex exchange fee from the customer to the vendor or the credit card processing

Re: [Elecraft] OT: following Amazon's lead regarding FOREX fees on international orders by cc

2010-08-30 Thread Bob Nielsen
I wonder about that. My wife bought something in a shop in Oxford a few years back. They rang up the credit card sale in US dollars, but the exchange rate used was a bit low PLUS the card company still added a fee for it being a foreign transaction. I compared it to some purchase in GBP and

Re: [Elecraft] OT: following Amazon's lead regarding FOREX fees on international orders by cc [END of Thread]

2010-08-30 Thread Eric Swartz - WA6HHQ, Elecraft
Lets end this thread for now. We're a lot smaller than Amazon, but we'll take a look at this. Joe is probably correct though, in general all that changes is that the vendor (us) is charged for the transfer fee and we end up increasing the product price to cover it. 73, Eric WA6HHQ Elecraft