Non USA Affiliates - how do you get paid (+ minimize bank transfer fees?)??

G

Graints

New member
Sep 20, 2014
11
0
0
Non USA Affiliates - how do you get paid?
I make a huge % of my affiliate income from a few companies, and they send checks/do wire transfers that are big enough that the money conversion fees/bank negotiation fees are a small enough percent to not care about.

but with a lot of other affiliate programs i get checks for like $100. i cash it in and its only worth like $60... kinda pointless.

how do you minimize international bank transfer fees?
 


Ask for Direct Deposit (XACH) and setup a payment threshold of at least $1,000.00.
I usually receive at least 1,000 with an average fee of $20 plus currency fees. It's pretty acceptable to pay a 3/4% fee for an affiliate payment.
 
Flash4Ever said:
Ask for Direct Deposit (XACH) and setup a payment threshold of at least $1,000.00.
I usually receive at least 1,000 with an average fee of $20 plus currency fees. It's pretty acceptable to pay a 3/4% fee for an affiliate payment.
Click to expand...

Are you crazy ? ACH for non-USA ? or XACH anyway. What if he don't wants to wait for $1k as well ?

To the OP - seems it's unavoidable for you, since you state that your country banks charges like $40 to cash check ? In mine it's like 2-3% with maybe min 3-5 USD

Solution maybe payoneer if program allows it or similar, that way you will pay less and get money faster but in local currency
 
Setup a foreign bank account, or use a forex exchange company to middle man your transfers for you.
 
seolinker said:
Are you crazy ? ACH for non-USA ? or XACH anyway. What if he don't wants to wait for $1k as well ?

To the OP - seems it's unavoidable for you, since you state that your country banks charges like $40 to cash check ? In mine it's like 2-3% with maybe min 3-5 USD

Solution maybe payoneer if program allows it or similar, that way you will pay less and get money faster but in local currency
Click to expand...

My bank doesn't charge anything for XACH in Euro, so a lot of networks can transfer my money in Euro. Of course I have to pay them the currency fee.
I have money directly to my bank account without the hassle to move to paypal then transfer to my bank.
These are unavoidable costs.
If you can't wait for $1K threshold you should change job.

Good luck with payoneer when you want your money moved to your local account.
 
Fair enough, but there maybe couple of programs, several of them where each gives like $300-$400 let's say in average.

With payoneer I never tried local money transfer, only ATM withdraw, probably cause of same reason it's not always possible to credit accounts in international banks with XACH payments. It's not that easy if even possible. Wire - no problems.

Paypal maybe not avaliable internationally as well as withdraw it.

Flash4Ever said:
My bank doesn't charge anything for XACH in Euro, so a lot of networks can transfer my money in Euro. Of course I have to pay them the currency fee.
I have money directly to my bank account without the hassle to move to paypal then transfer to my bank.
These are unavoidable costs.
If you can't wait for $1K threshold you should change job.

Good luck with payoneer when you want your money moved to your local account.
Click to expand...
 
Maybe get Payoner card and setup some PP services in the name of some relative (with business account). Then pay for those services using Payoner card (they will transfer money to their bank account for you. Or open Elance or oDesk account in the name of relative and pay for services that way (more expensive, especially Elance).
 
seolinker said:
Which will just add tons to the existent costs. What's up with wickedfire this days ?

OP - earn more
Click to expand...

Wrong, thanks for being clueless.

The forex company I work with has the following rates as of today:

$1 USD to AUD
Google - 1.15
Forex - 1.1459

The forex company only charges a fee of $15AUD for transfers under $10k, which is still cheaper than wire fees. Transfers on both sides are domestic and therefore fee free.

If you setup a foreign (ie, US) account, you can store your cash until you hit the minimums for low/zero fee transfers.

So seolinker, shut the fuck up when you don't know what the fuck you are talking about.
 
Transfers for both sides are domestic and fee free what does this mean in terms of AUD/USD if transfer to it $15 and from it as well or not ?
 
Get a wire to an EPESE bank acct with ur purse id as memo?

Or get a bank with branches in your country and the US. A lot of big intl banks will have at least 1 US branch somewhere. Or find a big US bank with 1 office in your country.

B of A for instance has UK, Ukraine, MX, AUS, South Africa, France, Italy, etc.....
 
Problem is that those banks considered non-US in that countries and work by domestic laws which leads to all problems I described above.

In my country B of A works only with some list of big Ukraine companies and that's it.
 
have pay payoneer card for other transactions as well as paypal. though on some occasions paypana services isneeded. you get charge of 0.085 per usd but you get the money from western union. check that out if payoneer and paypal cant give a solutuion for you
 
All these terms and options confuse me a little bit. Could some one (experienced) be so kind and explain to me what options to choose (starting from what sum): XACH, ACH, OP, Payoneer, PayPal (why one need to open a freelance account on Odesk), Adsmills, EPESE bank? What does B of A mean?
 
ilushka said:
All these terms and options confuse me a little bit. Could some one (experienced) be so kind and explain to me what options to choose (starting from what sum): XACH, ACH, OP, Payoneer, PayPal (why one need to open a freelance account on Odesk), Adsmills, EPESE bank? What does B of A mean?
Click to expand...

stop posting CRAP!
 
no dont go for check
tell them to send u wire transfers

wire transfers are much cheaper and faster than checks
the most you will end up paying something abt $70 per transfer, base on where u r located or what bank u r using
 
You must log in or register to reply here.
Top Bottom
Back