Perfect bank for international sellers trying to sell on ebay USA

[prodigyace]

Hey guys,

I found this while browsing the web, might want to keep your eye on them when it releases

https://www.earncheese.com/

[SaiJin]

Found what?

[prodigyace]

Oof, forgot to post the link

[amazing4]

I recommend Transfer wise
This is the best service out there!
No better rates, super fast, extremely cheap. Works for ebay, paypal, amazon, etc.
Here is a link for registration: https://transferwise.com/invite/u/nikit3
There is an affiliate. If you like it, I will appreciate if you join through the link.

[phaz0rz]

Interesting. Free International wire transfers sounds really nice since I'm currently paying $45 every time. Might have to check these guys out. Hopefully they aren't like most e-banks that tend to have knee-jerk reactions to largeish transactions.

EDIT: This company has a lot of work to do. The main page says "free international wires" - the FAQ says "we charge nothing for incoming international wires". Beneficial to the international students they're advertising to, but not to me.

I wonder how they're getting around the patriot act SSN requirement. Their FAQ says funds are held by a partner bank so they're working similarly to Paypal.. except Paypal requires a tax ID before they'll give you a debit card.

[yankee]

Thanks for the info.

[agent006140]

from its website,this is not a bank,it just matches buyer and seller,so if you need 1000 yens and I have 1000 yens to sell,there is a match.
I am surprised Paypal does business with Transferwise,given the risk involved.

[agent006140]

for small amount,you can use Western Union,it costs less than $45.

[phaz0rz]

Originally Posted by agent006140

for small amount,you can use Western Union,it costs less than $45.

They banned me and my wife years ago, but we were paying about $80 per order in fees with WU because we had to keep each transfer under $3k in order to avoid giving an SSN. WU isn't meant for commercial transactions and they ban you once they catch on.

I don't really understand your other post but I don't think that's what they intend to do.

[agent006140]

why dont you want to give WU your SSN?
I have been using them for small amount(under $100) a few times,once I have to cancel one transaction,then they called me and want to know why,since it is a Philipine call center,it is hard to understand what she is saying.
then they followed up with a letter,??

[agent006140]

as for the other post,I picked up the information on Tranferwise website.
it said it matches buyer and seller and collect a fee,thats the reason they are cheaper

[hyperdunker]

It would be interesting when they come live seems like its on the waitlist still