Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Dusty on 22 May 2011, 16:29:47

Title: Where is the best place to pay in US dollars?
Post by: Dusty on 22 May 2011, 16:29:47

I've  not posted  on the forum lately. Sadly my mother died on Christmas day 2010, aged 79. I've had other, more pressing matters to deal with of late.  :'( :'( :'(

Anyway, I thought I would pick your brains with a question. You've come up trumps many times before, and even helped with a central heating problem.  :)

My question: Does anyone know the best place to pay in  U.S dollars?. At the moment I receive a royalty cheque paid in  U.S dollars every three months. This is paid directly into my Paypal account. They take the considerable amount of 5% for  themselves..... :-/

Would it be better to pay a U.S dollar cheque directly into a British  bank account? I know they take  their cut too, but hopefully I can get a better deal than 5%, which seem excessive to me. This is a sizeable chunk of money.

 I thank you in advance for your help.

Dusty
 :-* :-* :-* :-*

Title: Re: Where is the best place to pay in US dollars?
Post by: Dishevelled Den on 22 May 2011, 16:59:20

Lovely to see you on again Dusty 8-) - Plomien may be of assistance to you as I believe he works for/in a bank. :y

http://www.omegaowners.com/forum/YaBB.pl?action=viewprofile;username=063A393B3F3338560

Title: Re: Where is the best place to pay in US dollars?
Post by: Plomien on 22 May 2011, 18:04:53

getting it paid into your bank is the best way. You could open a USD account but there is normally charges for it.
If you give them your Swift/BIC code and IBAN number then it will pay straight to your existing bank account. its normally on your bank statement :y

Title: Re: Where is the best place to pay in US dollars?
Post by: Gaffers on 23 May 2011, 07:13:13

You can pay it into my wife's US account. We'll only charge you 3%  ;D ;D

Title: Re: Where is the best place to pay in US dollars?
Post by: Dusty on 23 May 2011, 09:27:48

Thanks, for your replies  :)

I've only the choice of cheque or Paypal so I guess cheque is my best option.  :y

Title: Re: Where is the best place to pay in US dollars?
Post by: hotel21 on 23 May 2011, 13:00:45

Not sure if you can cash a cheque in dollars into a uk sterling account though. Take care and check before requesting.  :y

Title: Re: Where is the best place to pay in US dollars?
Post by: Plomien on 23 May 2011, 17:34:56

Quote

Not sure if you can cash a cheque in dollars into a uk sterling account though. Take care and check before requesting.  :y

You can but it can take a couple of weeks to process but open a USD account and problem sorted :y