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January 29th, 2007, 09:47 AM | #1 |
Inner Circle
Join Date: Jun 2004
Location: Richmond, VA
Posts: 3,065
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Overseas Payment
Anyone have an opinion on the most conducive way to handle an overseas payment? I.e. A customer who wants to pay a deposit, then payment in full, but from lets say a European country.
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January 29th, 2007, 10:07 AM | #2 |
Inner Circle
Join Date: Mar 2005
Location: Hamilton, Ontario, Canada
Posts: 5,742
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Paypal? Wire Transfer? Credit Card?
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October 27th, 2015, 05:28 PM | #3 |
Inner Circle
Join Date: Jun 2004
Location: Richmond, VA
Posts: 3,065
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Re: Overseas Payment
Looking back at all my posts, I saw this one and wanted to update it. The 'over seas payment' actually ended up being fraud. I was targeted more than once with fake payments. Be careful out there.
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October 28th, 2015, 02:26 PM | #4 |
Regular Crew
Join Date: Jul 2005
Location: Northern California
Posts: 49
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Re: Overseas Payment
Yeah I get a lot of scam requests. They usually start with do you take a credit card.
Anyhow I have done some work for companies overseas in Europe. I am in California. In those situations Paypal worked great. Fees ended up being not that much different than a wire transfer. Paypal was easier and more secure. Sent them an invoice from Paypal for the deposit. Shot the project and sent the files via google drive and another invoice through Paypal. It all worked out every time I have done it. I do carefully screen to make sure they are a legit production company, and the assignment is for a legit client.
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October 28th, 2015, 08:08 PM | #5 |
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Join Date: Jun 2010
Location: Seattle WA
Posts: 1,254
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Re: Overseas Payment
Once you’ve cleared the client and feel that aren’t fraudsters (and vice versa), the PayPal route is a good way to go. We’ve used PayPal for numberous European € and $ transactions over the past dozen years and it’s worked out very well.
If one does many transactions it would be worth considering having two PayPal accounts, one for Euros and the other for Dollars. Another aspect of using PayPal is the ability to refund a deposit within a time limit at no cost. I am not personally doing the accounting part, but I think one is allowed a month to do a refund at no-cost. |
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