A while back I sold some Canadian coins on ebay, the buyer from Canada sent a check, I took it to the bank, they would not cash it, took it to another bank and they wanted $10.00 to cash it. Well that service charge amounted to more than the price of the item so the buyer sent me Canadian money, which I will not use unless I go to Canada which I may do this summer. The whole thing turned out to be a hassle for me and the buyer, altho the buyer was very nice about it I am reluctant to list my remaining Canadian coins. Anyone here have sales to Canada? I suppose the best way is Paypal only.
I've never sold anything to Canada, but I've purchased many items. All through PayPal though, and never had a problem. The sellers aways took US dollars. I just bought a coin using Paypal from Germany and sent Euros. PayPal will charge you a little to change US to Euros, but it's worth it for the right coin. Just state in your auctions that you will sell to Canada, but will only take PayPal. The buyer could have easily changed the Canadian to US and it would have been easier on both of you.
For small transactions Paypal is really the only way to go, unless the buyer is willing to pay the outrageous exchange charges of a bank or airport exchange facility to obtain the seller's currency, and send it by registered mail. For larger transactions, there is a simpler answer. Set up an account with >>xe.trade<<. When I recently made a purchase from a seller in London, they deducted dollars from my bank account and sent him a bank draft for £2,000+, at a better exchange rate than my credit card company would have used.
Use paypal it is easier one poor guy who thought it would be ok if I sent him a cheque was told it would cost him $50 to cash it, this was after his bank had given him the green light Thankfully I then sold something to a American so it ended up like a three way trade LOL De Orc
I just had a problem with PayPal. I won the bid, paid, using PayPal, then got a notice that my payment was refused. It seems if you are transferring funds from a credit card (through PayPal), some seller accounts can't accept that as payment.
there is a fee for using paypal through a credit card. I sold an item once or twice..once I took a paypal payment with c/c..there wzs a charge
Many banks will charge $10 for foreign checks. The thing to do is to either only take paypal from foreign buyers or to charge a $10 surcharge for foreign checks AND money orders.
I simply state in my auctions that I will not take personal checks in any case, and that I would not take money orders from outside the US. I have had a lot of buyers from outside the US that didn't have a problem just paying me by PayPal.
What kind of an extra charge does Paypal have for overseas money transfer payments?? I have a bunch of world coins I am going thru and am going to put up on Ebay. Thanks.
IIRC, Paypal charges a fee for currency conversion, but as long as the buyer sends you US$ then they are paying for the conversion, not you.
For very low value items nothing beats paypal, but there is another way, Canadian Postal Money Orders. They can be made out in US currency and are cashable at most post offices in the United States. But it does cost the buyer a few dollars to make the money order, so it can be expensive for low value items and sometimes not worth the trouble.
