Bitch and moan.

[gemfyre]

I think banks and similar services are just here to make it impossible for small timers to sell overseas. I'm in Australia.

I'd love to sell my jewellery to people everywhere. But there seems to be no method of payment that will charge me less fees than the money I make.

Cash in foreign currency - $7.50 exchange fee (this was free until a few years back).
Money Order - I believe these are something like $20 to exchange - ridiculous.
Paypal - more fees than the money I'd be making.
Don't have and don't want a credit card - although I'm not sure if it would help me anyway.

Is there ANY way to do this and not get charged up the wazoo so much that I'm actually losing money to fees rather than making a profit?

Comments

[lotus79.livejournal.com]

I generally say paypal, and buyer pays the fees.

It's a pain in the ass to figure out ($1AU + $0.30US + 3.75% or something tupidly complicated like that) but i find people don't mind too much.

Still, it's probably depend on the stuff you sell.

You can minimise on paypal charges though if you're willing to wait a while for the money... then you can withdraw it all at once instead of bit by bit losing all your profit.

Also, call around some credit unions: there may be some who won't charge fees for foreign currency cheques. But they take a month to clear.

It sucks, doesn't it?