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  1. #1
    SitePoint Wizard masm50's Avatar
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    International publishers and US$ accounts

    Hi all,

    Although I understand the situation in the UK reasonaly well with cashing US$ cheques either with conversion fees into a normal account, or setting up a US$ account, I'm curious as how US$ payment is handled in other countries both inside the EU and the rest of the world (including Africa and Asia).

    So how do you guys take payment from the ad networks that don't offer payment in your local currency? Do you have US$ accounts with your banks, or do you pay fees and get the cheques cashed into your normal account. What are the fees like?

    How much do you think you need to be earning before shelling out the cash for a US$ account?

    Thanks for your help,

    Tim

  2. #2
    fad (n): a craze; interest... Fahd's Avatar
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    Banks in India charge a fee. I'm not sure exactly how much it is. Ranges from about $5 to some small percentage. I don't know if this has changed.

    I tried to open a business checking with Wells Fargo as an international resident but they wanted a minimum deposit AND minimum monthly average of $50,000 USD to be maintained; all in a checking account that gave no returns!

  3. #3
    SitePoint Guru
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    We can't have US$ account here in Brazil. The fee to cash foreign check varies from bank to bank. My bank charges a fee of US$ 35.

  4. #4
    Jeremy Maddock WealthStream's Avatar
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    It's very simple here in Canada. My bank (CIBC) automatically converts it to Canadian Dollars at the current exchange rate.
    -- Jeremy Maddock
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  5. #5
    Massimiliano Bruno Giordano sid egg's Avatar
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    Quote Originally Posted by WealthStream
    It's very simple here in Canada. My bank (CIBC) automatically converts it to Canadian Dollars at the current exchange rate.
    Ugh, I wish mine (RBC) did that, as far as I know they just steal my extra money. I cash a USD check and I get face value in CDN dollars... I should complain.
    GamesLib.com - the slickest, most complete and
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  6. #6
    SitePoint Wizard OnlineGuide's Avatar
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    Why not just be paid via wire or PayPal?
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