2002-04-22 Technically, you can exchange money electronically between any two banks. All that is needed is the bank routing number and the customer account number.
A credit union, may or may not have a bank routing number. And even if they do, they might not want to do such transactions as their personnel might not be versed in how it is done, especially if foreign currency is involved. There might be a way for you to pay by credit card, and you avoid all those charges. You pay in dollars and Louis is credited in Euros. What about sending Louis Euro denominated travellers cheques? That might work too. If you are a member of the AAA, you can get them for free. There is no extra charge on them. You have to look into how to buy them and fill them out correctly so that Louis can cash them. Or, you may be able to obtain a Euro denominated money order. This is the 21-st century, it needed be so difficult! John ----- Original Message ----- From: "Gene Mechtly" <[EMAIL PROTECTED]> To: "U.S. Metric Association" <[EMAIL PROTECTED]> Cc: "U.S. Metric Association" <[EMAIL PROTECTED]> Sent: Monday, 2002-04-22 20:50 Subject: [USMA:19585] Book by Louis > Louis, > > With the benefit of the information you provided, I now propose to ask > my bank to transfer directly to your account 23.00 euro. I will pay any > currency conversion and transfer costs at my bank, and there should then > be no check cashing or currency conversion charges at your bank. > > I'll let you know when and where I am ready to do this, at my bank > (which is actually the University of Illinois Credit Union); or if I must > go to a local commercial bank to execute the transfer. > > Meanwhile, please send me the appropriate identification (name? and > number?) of your bank, and an account number for the deposit of my > payment. > > If this works without problems, others might want to try the same. > > Or perhaps your publisher could receive the payments and ship copies > of your book for you? > > Gene. > ......................................... > On Mon, 22 Apr 2002, Louis JOURDAN wrote: > > > At 10:35 -0500 02/04/20, Gene Mechtly wrote: > > >I intend to buy your book *in French* when is is available in Illinois, > > >or when I discover another convenient source (absent posting of credit > > >card information on the Internet). > > > > > >Would you accept my personal check (in $US) for the cost of your book and > > >shipping charges to my home address? If so please quote my total cost. > > > > Gene, > > > > I appreciate your interest in my book. > > > > A cheque in US dollars would be convenient, but, as you know it, > > cheques entail bank commission and exchange fees. I have just checked > > with my bank and total cost would amount to: > > book 15 euros > > shipping costs 7,10 euros > > bank fees 6,20 euros > > total 28,30 euros > > or at 0.89 exchange rate USD 25,20 > > > > Do you accept ? > > > > My bank tells me that a way to spare some bank fees would be for you > > to ask your bank an account to account transfer labeled in euros. You > > may check with your bank and I am prepared to send you my account > > number if necessary. > > > > I am waiting for your instructions. > > > > Louis. > > >
