What's an ideal banking cost in %

[notsosureaboutit]

Being oversees with no bank account in US or Europe, and no on stealth made banking a but more complicated.

I was wondering what is your banking cost in % and what would be an ideal cost in %.

From paying the supplier until you withdraw your money back to your account after a sale what is your cost?

Mine is around 5-10% (excluding cost of the product, shipping, ebay fees etc). Lets say I sell a product for USD100, I loose around USD5-10 to the banks.

[rsot]

Seems about right - I hate losing %...even to PP.

[notsosureaboutit]

Originally Posted by rsot

Seems about right - I hate losing %...even to PP.

Thanks.

I understand that I should not move money between my own paypal accounts however in your opinion is it risky to pay my supplier (the same one or two), with the same paypal account that generates the eBay revenue?

[rsot]

Originally Posted by notsosureaboutit

Thanks.

I understand that I should not move money between my own paypal accounts however in your opinion is it risky to pay my supplier (the same one or two), with the same paypal account that generates the eBay revenue?

Honestly speaking, I am a big fan of keeping buying and selling SEPARATE when possible. When I do payments....I do not use a pp in which I receive money because I don't want PP to potential think that I am dropshipping or some nonsense.

[notsosureaboutit]

True also, thanks

[jeffweico]

I agree with rsot. Unless your supplier is a known company, I think it is best avoided. Paying a supplier is some places, especially CHINA, could kill your account. Just create an extra PayPal for buying.