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Payment from US bank sort code

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Comments

  • catokelly
    catokelly Posts: 355 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    If it's over $1000 you should definately shop around to get the best value from your US Dollars... dont automatically go for paypal. However if it's a smallish amount, it wouldnt make a dramatic difference.
  • hubb
    hubb Posts: 2,501 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Ok, for instance my last Paypal payment was $231. Paypal deducted $9.31

    Of course I can claim back the deduction on my tax return as it's business income.
  • hubb wrote: »
    Ok, for instance my last Paypal payment was $231. Paypal deducted $9.31

    Of course I can claim back the deduction on my tax return as it's business income.

    What buy and sell rates do they do on the currency exchange? Other services charge no explicit fees, but simply make their money on the spread - these tend to work out better for you.
  • dalesrider
    dalesrider Posts: 3,447 Forumite
    Other option is does this company have a UK section that could pay you.
    Never ASSUME anything its makes a
    >>> A55 of U & ME <<<
  • hubb
    hubb Posts: 2,501 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Not sure. Nearly all the media companies that pay me via Paypal do not get a fee charged for the transaction. The odd one does for some unknown reason.
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