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seeking advice on paying for coins won in European online auctions
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<p>[QUOTE="Silphium Addict, post: 8008572, member: 116882"][USER=120820]@Heliodromus[/USER] Whenever the firm allows, I usually use PayPal like you do. I have a credit card with no foreign transaction fee, close to market rate exchange rates and 1.5% cash back. Using the option to pay in local currency is about 2% less than the PayPal conversion rate. If paying with credit card isn’t offered by the auction house, they often agree if I check with them. My card also allows generating a unique account number to use for a one-time foreign transaction to reduce fraud and avoid rejecting the charge.</p><p>I agree about conventional bank wire transfers - added fees and unfavorable rates. Thanks to other replies, I will check out Wise if it is only ~1% over market exchange rates as that would be less than my current method.[/QUOTE]</p><p><br /></p>
[QUOTE="Silphium Addict, post: 8008572, member: 116882"][USER=120820]@Heliodromus[/USER] Whenever the firm allows, I usually use PayPal like you do. I have a credit card with no foreign transaction fee, close to market rate exchange rates and 1.5% cash back. Using the option to pay in local currency is about 2% less than the PayPal conversion rate. If paying with credit card isn’t offered by the auction house, they often agree if I check with them. My card also allows generating a unique account number to use for a one-time foreign transaction to reduce fraud and avoid rejecting the charge. I agree about conventional bank wire transfers - added fees and unfavorable rates. Thanks to other replies, I will check out Wise if it is only ~1% over market exchange rates as that would be less than my current method.[/QUOTE]
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seeking advice on paying for coins won in European online auctions
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