US vs. German cash remittance process

ccohen5 ccohen5 at compuserve.com
Wed May 1 16:59:47 EDT 2002


...and the system is set up that way just because they know you absolutely
have to do it.  Western Union could do it for pennies, but do they?  Hell
no, they know they are the only game in town for you and everyone who has
family South of the border.

When I buy stuff from Audi Sport, like Phil says, I transfer directly to
their account per their invoice.  Costs $25 from Citibank, or $15 from C2it.
They use the same Swift socket and I have been banking at Citibank for 30
years.  Iniquitous, but it will change soon.  Especially since the Euro.

Colin

----- Original Message -----
From: "TM" <t44tq at mindspring.com>
To: "'ccohen5'" <ccohen5 at compuserve.com>; <thomas at geekazoids.net>; "'qlist'"
<quattro at audifans.com>; <s-car-list at audifans.com>
Sent: Wednesday, May 01, 2002 3:39 PM
Subject: RE: US vs. German cash remittance process


|
| Colin-
| I agree w/ you there. I was shocked that an International Economy FedEx
| cost
| me $35 to Germany. With the cost of obtaining foreign currency included,
| it
| actually cost me more to get cash and send it to Germany than to do a
| wire
| transfer. Live and learn, I guess.
|
| $40 for a foreign wire transfer is extortion, IMHO, but when
| alternatives are
| as costly, I guess it's a lose/lose situation.
|
| That was the only way for me to get a reasonably-priced copy of the
| Lewandowski
| Sport Quattro book, though.
|
| Taka
|




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