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Zero Fee For Sending Money?

Discussion in 'Logistics - Payment & Shipping' started by Man_, Apr 17, 2008.

  1. Man_

    Man_

    Joined:
    Jun 30, 2007
    Messages:
    114
    Hi Everyone

    Is there any method of sending money from overseas to me without having to pay a fee?

    T/T will charge a fair big on a order of 1600GBP to come into my bank account.
    And I think bank transfer may be cheaper although it depends on the branch over there.

    Does anyone know of any methods which are free?

    Thanks a lot :)
  2. YNWA

    YNWA

    Joined:
    Feb 10, 2006
    Messages:
    4,082
    No, to send internationally will cost you.

    You will pay £18 to send any amount from Halifax outside of Europe.

    You could always send cash in a big brown bag.

    I was always under the impression T/T was bank transfer?
  3. Pete

    Pete

    Joined:
    May 30, 2005
    Messages:
    14,067
    You are in business, correct?

    Businesses have expenses.

    Bank fees and processing fees are a standard part of being in business.

    If you price your goods to low and don't account for these costs then you lose profits.

    You can always have them mail you a check and wait for it to clear. There will still be a small fee for that if it is an international check, and there will also be the postage.

    Even with cash in a bag, there will be postage...........
    .
  4. YNWA

    YNWA

    Joined:
    Feb 10, 2006
    Messages:
    4,082
    Cash in a bag, then tie it to a pigeon :niceone:
  5. sabrads

    sabrads

    Joined:
    May 18, 2008
    Messages:
    114
    I have a homing pigeon I can lend you. Or maybe two of them and some string so they can both carry the coconut - wait I mean brown envelope of cash.
  6. sabrads

    sabrads

    Joined:
    May 18, 2008
    Messages:
    114
    Seriously you are making a payment of 1600GBP and worry about an £18 charge on it for the transfer - as Pete has pointed out businesses cost money to run and this is one of those costs - in the end you will have to absorb this or factor it in to the cost of purchase. If your profit margins are so small you cant factor in a 1.125% charge for payments then should the deal be going ahead ?
  7. Man_

    Man_

    Joined:
    Jun 30, 2007
    Messages:
    114
    I'm getting a refund on the purchase.

    A 25GBP charge to get there and another 25GBP charge to come back.....The deal was canceled because of a stupid mistakes and now i end up loosing 50 quid for no reason at all.

    That pisses me off!

    I understand business and how it works mind you....but when i have to throw away money thats when i get pissed off so to speak - and thats why i want the fund back with minumim charge.

    Not forgetting money i will loose on exchange rate as well! (unless todays is better than mondays).
  8. santaevil

    santaevil

    Joined:
    Apr 16, 2008
    Messages:
    8
    Sigh.............lots of you make mistakes when do bank transfer, short of a letter, word or even wrong company name! Please be careful, the process fee will take by bank.
  9. Man_

    Man_

    Joined:
    Jun 30, 2007
    Messages:
    114
    Not that type of mistake....It was a order mistake so supplier did not get stock on time.

    I dont see why you go and assume stuff like that but oh well!
  10. sabrads

    sabrads

    Joined:
    May 18, 2008
    Messages:
    114
    I can see how that would p*ss you off - is there anyway you can get the supplier to pay for the transfer back - werent they in error ?
  11. D M

    D M

    Joined:
    Jun 7, 2007
    Messages:
    1,289
    If it's their error they should pay.
  12. Jimmy Huber

    Jimmy Huber

    Joined:
    Apr 25, 2008
    Messages:
    25
    There is no free method of sending money in that increment. Your safest bet is a bank to bank transfer. It will cost less then western union. And is generally safer then WUT
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