vintageads4u
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posted on May 3, 2005 12:22:41 PM new
So a buyer from France, with practically no English finally sends payment: $10 EUROs. Well, our little bank in Crawford TX doesn't take Euros at a rate that makes the deal plausible.
Any suggestions as to what to do with Euros? Guess I could try and exchange them at a bank in Dallas next time we go there. Or hold on to them and give them as change the next time one of Bush's foreign dignitaries comes through town.
Or send them back. Or frame them as a conversation piece.
Other suggestions?
Beth
www.vintageads4u.com
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eauctionmgnt
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posted on May 3, 2005 12:51:44 PM new
This happens every so often to me as well. The best way to handle it is to contact the bidder, tell them you don't accept payment in foreign currency and ask for payment to be resent in US funds. Let them know that you will return their original EUROs payment with their item purchase. You might want to suggest they use www.bidpay.com to send a money order in US funds. If they don't send the payment in US funds, file an Unpaid Item dispute and recoup your fees. Good luck!
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stopwhining
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posted on May 3, 2005 01:21:14 PM new
if there is a Thomas Cook near you,you may exchange it to us dollars.
or if you are ever in a big airport.
or AMEX office,call and see what they suggest .
-sig file -------
Eat grass,kick ass,never go belly up!
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reallywonderfulstuff
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posted on May 3, 2005 02:09:45 PM new
Give it to the French President (or Prime Minister) (or any EU leader) the next time they visit the President's ranch there in Crawford.
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agitprop
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posted on May 3, 2005 03:19:35 PM new
Or ask any of the Secret Service protective detail if they want to exchange it for their next European trip with Mr. Prez.
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agitprop
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posted on May 3, 2005 03:32:43 PM new
Seriously, we used to get Euros in the mail all the time until we started accepting MoneyBookers (especially from French buyers who really prefer to pay by check for historical reasons). We now ask European buyer in the Euro zone to do a free IBAN transfer to our Euro bank account or online payment by MoneyBookers (which unlike PayPal is non-reversible). We can then download the money to one of our Visa cards (also available to US account holders) - charge is €2 so it pays to download say €500-1000 at a time so charges don't kill you.
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tOMWiii
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posted on May 3, 2005 03:38:49 PM new
Yo! Git!
I joined MB'ers a year ago, but decided it was a plain PITA & never offered it!
Where do ye get yer info from? Tea leaves? Fan mail from a flounder?
As far as Ralphie (my astute financial advisor) can tell, MB'ers charges USA folks a whopping E3.50/$4.50 to withdraw moola & only offers it via a paper check (NO VISA download available to US):
http://www.moneybookers.com/app/help.pl?s=fees
"I'm going to spend a lot of time on Social Security. I enjoy it. I enjoy taking on the issue. I guess, it's the Mother in me."—Guess Who? Washington D.C., April 14, 2005
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sthoemke
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posted on May 3, 2005 06:09:10 PM new
Euro are (almost) as good as cash.
You can exchange at almost any airport, including small airports. Or any decent coin shop should give 90% of value.
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Sparkz
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posted on May 3, 2005 07:03:36 PM new
The problem is not what to do with the euros. The problem is what to do with the bidder. I'm sure the OP stated in his TOS and EOA that payment was to be in U.S. dollars. He has a buyer that either does not read the terms or does not care and proceeds to conclude the transaction on his terms. Eauctionmgnt gave the best advice. Pack thos 10 euros in with his item and email him and tell him he'll get the euros and item when he sends you something you can spend in Crawford, Tx., and not something you have to make a round trip to Dallas to redeem at 90% face value. If he doesn't respond, file for your FVF and donate the 10 euro to UNICEF in his name.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
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sthoemke
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posted on May 3, 2005 07:19:11 PM new
Use the Euros to buy something in Europe. Thats what I usually do.
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agitprop
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posted on May 4, 2005 03:12:12 AM new
tOMWiii wrote,
As far as Ralphie (my astute financial advisor) can tell, MB'ers charges USA folks a whopping E3.50/$4.50 to withdraw moola & only offers it via a paper check (NO VISA download available to US)
I thought the same, but asked their helpful Customer Service who replied:
Please be informed that credit card withdrawals are available for all OECD countries. The fee is 2 EUR flat rate. You will be able to withdraw to your VISA no matter where it is issued, after it is verified by a 5 EUR deposit which can be immediately withdrawn.
I have US, UK and several other country-issued VISA cards and tested them all successfully. However they really don't publicize this new feature yet. So the tea leaves look good (for me) Mind you I love Euros since they go so much further than American pesos
[ edited by agitprop on May 4, 2005 04:00 PM ]
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parklane64
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posted on May 4, 2005 09:50:35 AM new
Save 'em, as the dollar continues it downward spiral they will become more valuable.
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toybuyer
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posted on May 4, 2005 11:19:57 AM new
After being on eBay since 1997/1998 and studying the real value of a US dollar and other fiat money and the relationship between US debt versus European debt, I agree with ParkLane64. If its not a high buck item, I would gamble and keep the Euros.
just my .02
not "toybuyer" on eBay
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dejapooh
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posted on May 4, 2005 09:51:22 PM new
I'll give you Dollar up by paypal (I;ll pay the fees). I am going to ITaly for the Olympics and could use some landing Euro's.
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vintageads4u
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posted on May 5, 2005 04:02:39 AM new
Well Pooh...You got a deal. I'll split the fees with ya.
Beth
www.vintageads4u.com
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ArtNouveau
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posted on May 5, 2005 09:33:01 AM new
I don’t know where you’re at, but if you ever get to any of the bigger antique shows, there are usually European dealers who want to get rid of dollars. If you split the amount either of you would receive at a change bureau, you’ll both come out ahead. This is worth it for larger amounts. You don’t want to make a special trip for 10 euros though.
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kozersky
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posted on May 5, 2005 11:39:48 AM new
I'm not sure what the problem is. A check at XE.com indicates that 10 Euros are worth 12.9434 USD. This would indicate that you received more than enough to cover the cost of the transaction and the conversion costs.
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vintageads4u
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posted on May 5, 2005 12:05:40 PM new
Yes, kozer...but here in Crawford, pop. 705 (except for certain weekends) the exchange rate is not as kind. Thanks for your input tho.
Beth
www.vintageads4u.com
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pelorus
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posted on May 6, 2005 03:30:10 PM new
vintageads4u --
So you have a Vendio Store? Do you find that it gets much traffic and sales? How much do you pay for it? Does Vendio require you to also buy their web hosting service or is that part of the store cost.
I would appreciate hearing about your experience.
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Vintageads4u
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posted on May 6, 2005 03:45:50 PM new
I am very happy with the store. I have the bronze plan ($4.95) but since I use the Variable Plan, the store is free.
About 50% of my sales come through the store. Mostly through ebay, yahoo, google and I have a lot of collectors who are repeat customers. This is a cheap place to put a lot of stuff and then the clients can browse at their convenience.
I also have a store at Ioffer which gets about 5-6 sales a week. Mostly I put lesser quality stuff there and ads that are 1940s through 1950s.
HOpe that answers your questions.
Beth
www.vintageads4u.com
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