Foreign Currency Exchange

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Foreign Currency Exchange

Edward R Cole
Please excuse this comment as I receive the reflector as a digest.

My wife works as an agent for Dubus Magazine published in
Germany.  The cost of paying exchange fees for every subscription
would be prohibitive for both the subscriber and publisher on an
individual case.  Dubus solution is having national representatives
who process subscriptions in their native currencies.  The rep then
periodically sends a bulk payment that lowers the per-unit exchange
cost immensely.

You probably have seen the tag on my signature line for Dubus.  We
are listed as the US rep but accept both Canadian and Mexican
subscriptions paid in US funds (there are not too many of
these).   This is how some businesses handle this.

Sorry for the extended OT.

73, Ed - KL7UW

------------------------------

Message: 27
Date: Mon, 30 Aug 2010 18:54:18 -0700
From: "Eric Swartz - WA6HHQ, Elecraft" <[hidden email]>
Subject: Re: [Elecraft] OT: following Amazon's lead regarding FOREX
         fees on international orders by cc [END of Thread]
To: Bob Nielsen <[hidden email]>
Cc: [hidden email]
Message-ID: <[hidden email]>
Content-Type: text/plain; charset=ISO-8859-1; format=flowed

   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 list Modulator



73, Ed - KL7UW, WD2XSH/45
======================================
BP40IQ   500 KHz - 10-GHz   www.kl7uw.com
EME: 144-QRT*, 432-100w, 1296-QRT*, 3400-fall 2010
DUBUS Magazine USA Rep [hidden email]
======================================
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