On Sat  4 Dec 1999 (11:31:46 +0000), [EMAIL PROTECTED] wrote:

> My preferred  solution is for a bank draft in 'Pounds Sterling' and I 
> remember being told that there are agencies who can handle this by post
>  at reasonable rates.  If anyone can recommend a US agency to handle
> such  things, or a better method, I'd be pleased to pass on the good
> news.

Yes, Tony, I know what you mean - I used to have the same problem with USA
payments (perhaps more so than yorself!), as my amount 'per sale' is less.

For USA customers without a Bank Account, the best method is probably by a
"MoneyGram" - which can be used to send a payment from most USA to UK Post
Offices, and has a relatively small fee to your customers of about $12 US.

A much better method is to have your customer 'wire' the money straight in
to any UK Bank Account, using the International Electronic Banking System.
If the amount is in UK Sterling, then you will receive the full value (ie,
without any loss in Dollar-to-Pound conversion) - and even if this payment
is received in US Dollars (or whatever currency), the Bank will not deduct
any 'commission', as it would for handling a cheque in a foreign currency.
At least, this is the situation with my own "Royal Bank of Scotland" - but
there are 'variations' between UK Banks (just as for any commission fees).

Because these transactions are treated as 'automated credits', and reduces
the Bank's workload on 'manual' processing, any bank charges (per payment)
will probably be less than paying-in a normal UK cheque - and for the same
reason, the customer's Bank would normally charge them less than getting a
'Bank Draft', or (in some cases) may not charge customers anything at all,
although this seems to vary from Bank to Bank particularly within the USA.

As an incentive we offer our customers a 5% discount for 'wired' payments,
as well as a further 10% discount for giving their Latitude and Longitude.

Incidentally, I wonder how many "American-made" dials are sold in the UK ?

Regards,

Douglas Hunt.

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