starcarver Posted February 3, 2020 Report Share Posted February 3, 2020 I’m trying to Sell a board to someone in Canada. What method should I tell him to use to send me Payment? Every method he’s tried so far does not work for US banks. Shipping is not an issue because I’m sending it to an address in Sault Ste Marie, Michigan USA Quote Link to comment Share on other sites More sharing options...
garybergmann Posted February 3, 2020 Report Share Posted February 3, 2020 PayPal is my tool of choice for anything outside of Canada. Quote Link to comment Share on other sites More sharing options...
rjnakata Posted February 3, 2020 Report Share Posted February 3, 2020 PayPal. TransferWise is too much trouble for a smaller Canadian transaction Quote Link to comment Share on other sites More sharing options...
AgassizSkidder Posted February 3, 2020 Report Share Posted February 3, 2020 I’ve used PayPal with no issues Quote Link to comment Share on other sites More sharing options...
lonbordin Posted February 3, 2020 Report Share Posted February 3, 2020 48 minutes ago, AgassizSkidder said: I’ve used PayPal with no issues Same, many times. Quote Link to comment Share on other sites More sharing options...
JetSpeed Posted February 3, 2020 Report Share Posted February 3, 2020 Paypal. Are you an NBS member ??? Quote Link to comment Share on other sites More sharing options...
starcarver Posted February 3, 2020 Author Report Share Posted February 3, 2020 Thank you everybody. PayPal worked Quote Link to comment Share on other sites More sharing options...
yamifumi Posted February 3, 2020 Report Share Posted February 3, 2020 I am glad it worked. My preferred payment method is paypal (friends and family) for sure as there is no fee. i know some people are not comfortable with that then I use transferwise and it has minimal transfer fee. Quote Link to comment Share on other sites More sharing options...
Corey Posted February 3, 2020 Report Share Posted February 3, 2020 3 hours ago, yamifumi said: My preferred payment method is paypal (friends and family) for sure as there is no fee. Another option is to have them add 3%* and have it be a 'normal' transaction. I'll give 3% (as the buyer) to PayPal to have the protection they offer against scams, which is non-existent with 'F&F' transactions. If someone balks, then I'd be worried about their intentions. * I think it's 3%. Anyone know for sure? Quote Link to comment Share on other sites More sharing options...
Wolf Posted February 3, 2020 Report Share Posted February 3, 2020 1 hour ago, Corey said: * I think it's 3%. Anyone know for sure? In the US, it's $0.30 + 2.9%, so roughly 3% across the board. And sending money outside the US incurs another fee (max $4.99) as well, even on friends and family transfers. I found this page listing all the fees: https://www.paypal.com/en/webapps/mpp/paypal-fees Quote Link to comment Share on other sites More sharing options...
yamifumi Posted February 3, 2020 Report Share Posted February 3, 2020 5 hours ago, Corey said: Another option is to have them add 3%* and have it be a 'normal' transaction. I'll give 3% (as the buyer) to PayPal to have the protection they offer against scams, which is non-existent with 'F&F' transactions. If someone balks, then I'd be worried about their intentions. * I think it's 3%. Anyone know for sure? For sure, I want that guarantee, it depends on the “vibe” I get from people. I never had any issue on this forum (“Knock on the wood”) so I am fairly comfortable here but everywhere else, I usually do “normal transaction”. Definitely worth the assurance. Quote Link to comment Share on other sites More sharing options...
rjnakata Posted February 3, 2020 Report Share Posted February 3, 2020 I used Transferwise for an overseas transaction. The rates were much better than paypal, but it took what seemed like 1-2 weeks for everything to clear. They have a pretty rigorous authentication process also. For a large purchase (Kessler?) the rate may warrant its use. Paypal is SO much easier, but they take 2x: exchange rate and fees. Quote Link to comment Share on other sites More sharing options...
yamifumi Posted February 4, 2020 Report Share Posted February 4, 2020 10 hours ago, rjnakata said: I used Transferwise for an overseas transaction. The rates were much better than paypal, but it took what seemed like 1-2 weeks for everything to clear. They have a pretty rigorous authentication process also. For a large purchase (Kessler?) the rate may warrant its use. Paypal is SO much easier, but they take 2x: exchange rate and fees. Interesting, I have been using transferwise for while now and it has always cleared within couple days for transaction (sent it to France, Germany, Switzerland, Austria, Canada with varying amount from couple hundreds to thousands). Do you mind asking which country it was to? I wanted to know for my future reference. Quote Link to comment Share on other sites More sharing options...
starcarver Posted February 4, 2020 Author Report Share Posted February 4, 2020 6 minutes ago, yamifumi said: Interesting, I have been using transferwise for while now and it has always cleared within couple days for transaction (sent it to France, Germany, Switzerland, Austria, Canada with varying amount from couple hundreds to thousands). Do you mind asking which country it was to? I wanted to know for my future reference. He was sending it to the USA, Santa Monica California. According to their website transfers to US bank account is not currently available. But his PayPal deposit worked fine Quote Link to comment Share on other sites More sharing options...
LiquidEarth808 Posted February 4, 2020 Report Share Posted February 4, 2020 To beat a dead horse? No experience receiving payment, however... I just completed a Transferwise with i-carve and it was the simplest overseas transaction I have done Ivan offered me an "invitation" link I was able to use a credit card Transfer completed by end of day/overnight for the exchange rate I suppose Fees were much lower than PayPal Board arrived in 3 days from Slovenia miraculously Not much experience with Canadian transactions I just sent a PayPal to UPZ and that was easy Quote Link to comment Share on other sites More sharing options...
rjnakata Posted February 4, 2020 Report Share Posted February 4, 2020 11 hours ago, yamifumi said: Interesting, I have been using transferwise for while now and it has always cleared within couple days for transaction (sent it to France, Germany, Switzerland, Austria, Canada with varying amount from couple hundreds to thousands). Do you mind asking which country it was to? I wanted to know for my future reference. I was paying i-carve in Slovenia. The transfer took 9 days to complete. I got a note saying "Your money is taking a little longer to get to us" during that time. This was a bank funds transfer. Maybe it was because it was my first time using Transferwise, or maybe it was my bank. Based on other's experiences I don't think it was the destination country. BTW: Props for Ivan at I-carve Quote Link to comment Share on other sites More sharing options...
yamifumi Posted February 4, 2020 Report Share Posted February 4, 2020 7 hours ago, LiquidEarth808 said: I just completed a Transferwise with i-carve and it was the simplest overseas transaction I have done I was able to use a credit card Transfer completed by end of day/overnight for the exchange rate I suppose Fees were much lower than PayPal Not much experience with Canadian transactions I had same experience. Possibly that @rjnakata was first transaction or holiday season. But glad to have options! Quote Link to comment Share on other sites More sharing options...
Allee Posted February 4, 2020 Report Share Posted February 4, 2020 8 hours ago, rjnakata said: I was paying i-carve in Slovenia. The transfer took 9 days to complete. I got a note saying "Your money is taking a little longer to get to us" during that time. This was a bank funds transfer. Maybe it was because it was my first time using Transferwise, or maybe it was my bank. If you're with a second tier bank in the US, things can take days. We've had issues with paying US vendors from Canada. If they're with a major like Chase or JPM, they get the $ overnight or 1 day. If they're not and it has to go through routing, it can take up to 4 days to clear. Quote Link to comment Share on other sites More sharing options...
rjnakata Posted February 4, 2020 Report Share Posted February 4, 2020 7 minutes ago, Allee said: If you're with a second tier bank in the US, things can take days. We've had issues with paying US vendors from Canada. If they're with a major like Chase or JPM, they get the $ overnight or 1 day. If they're not and it has to go through routing, it can take up to 4 days to clear. This must be it. I used my "second tier" bank... Quote Link to comment Share on other sites More sharing options...
yamifumi Posted February 5, 2020 Report Share Posted February 5, 2020 I didn’t even know there was “tiers” in banking ..... Quote Link to comment Share on other sites More sharing options...
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