Re: [Slovak-World] Re: One more time, please
I have used the International Currency Express, Inc.
to get drafts in Euros. They take credit cards and
the draft is sent to you via regular mail. It takes
about 3 days to get the draft. The last one I had to
get for a Belgium invoice came in 2 days. Their fee
is what ever their exchange rate is (1.38 the last
time, plus $10 dollars. There is usually not a bank
charge for the person who receives it to cash or
deposit the draft.
I have not asked them about Sk's.
--- Vladimir Bohinc <konekta@...> wrote:
> I receive most of payments with checks. Personal or__________________________________________________
> cashiers. The fee is always about $8. Clearance
> takes about 10 days.
> Western Union fee is about $30 and bank transfer
> about $35.
> All payments made in US dollars, not koruny.
> ----- Original Message -----
> From: Martin Votruba
> To: Slovak-World@yahoogroups.com
> Sent: Tuesday, August 29, 2006 5:31 PM
> Subject: [Slovak-World] Re: One more time, please
> > What about personal checks?
> Ask your bank what would happen if you wanted to
> deposit a Slovak
> check in koruny to your account. That's how it
> works for the
> Slovaks, too. The Slovaks have to take the check
> to their bank (i.e.,
> must have an account), pay fees as high as for
> wire transfers or
> Western Union's, and wait for a long time for the
> checks to clear.
> Unless the amount is large, the fee can wipe out
> most of it. No
> wonder that checks from Americans go sometimes
> uncashed in Slovakia.
> To get an idea of the fees, ask your bank how much
> it would cost you
> if your bank issued you with a check drawn on a
> Slovak bank -- that
> might, just might, save the Slovak recipient some
> fees (only some), if
> your bank can do it and if the recipient has an
> account with that bank.
> People sometimes recall that their Slovak
> relatives could cash US
> checks without fees. But that was 16+ years ago
> when the communist
> autorities were desparate for any Western
> votruba "at" pitt "dot" edu
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