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Poll: Which payment method has been the most convenient to you?
Thread poster: ProZ.com Staff
inkweaver
inkweaver  Identity Verified
Germany
Local time: 04:18
French to German
+ ...
Bank transfer Jan 19, 2011

Since most of the payments I receive come from clients within Europe, bank transfers are the most convenient method for me since I don't have to expect hefty charges.

I used to like Moneybookers but since when they froze my account in order to force me into a time-consuming account verification process, I closed my account.

I do accept Paypal in exceptional cases, but prefer not to due to the fees they charge.


 
Steven Capsuto
Steven Capsuto  Identity Verified
United States
Local time: 22:18
Member (2004)
Spanish to English
+ ...
Depends on a lot of factors Jan 19, 2011

It depends on the nature of the job, where the other party is located, and whether I'm sending or receiving funds.

If it's a corporate client with a U.S. bank account, I much prefer a check. If it's a local individual client, I prefer cash. If it's an individual client who doesn't live locally, I prefer Paypal.

For overseas clients, I prefer bank transfers (if the clients are willing to pay all fees assessed by their bank), followed by Moneybookers and, as a last resort
... See more
It depends on the nature of the job, where the other party is located, and whether I'm sending or receiving funds.

If it's a corporate client with a U.S. bank account, I much prefer a check. If it's a local individual client, I prefer cash. If it's an individual client who doesn't live locally, I prefer Paypal.

For overseas clients, I prefer bank transfers (if the clients are willing to pay all fees assessed by their bank), followed by Moneybookers and, as a last resort, Paypal.

When sending money overseas, I generally use Paypal since sending a bank transfer is expensive, and since Moneybookers allows you to receive money in the U.S. but not send from the U.S. (at least that was their policy the last time I looked into it).

[Edited at 2011-01-19 14:44 GMT]
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Neal Allen
Neal Allen
United States
Local time: 19:18
Member
Spanish to English
+ ...
PayPal Limitations Jan 19, 2011

I have used PayPal, but I am really getting tired of their ongoing imposition of limitations on my account. How many times must I prove that I am me and live at my address? The call it ongoing maintenance, but it is more like ongoing harassment to a customer.

 
Gaurav Sharma
Gaurav Sharma  Identity Verified
India
French to English
+ ...
I prefer wire transfer or cheque Jan 19, 2011

I personnaly feel wire transfer is the best way to receive funds. Hardly any cost for most of the countries. Secondly I prefer cheques. That also with very low cost if within same country. last and least, I have to receive funds mostly by Paypal.

thanks all for your valuable commnets.

Gaurav Sharma
India


 
Diana Arbiser
Diana Arbiser  Identity Verified
United States
Local time: 20:18
English to Spanish
+ ...
a variety Jan 19, 2011

Most of the payments I receive are either direct deposits into my checking account or checks. I don't really have a preference. My bank has a drive-through ATM to make envelope-free deposits, and even some banks (not mine) have this cool system where you can deposit your check through an image app from your smartphone at home. Simple and hassle free!

 
Crystal Samples
Crystal Samples  Identity Verified
United States
Local time: 21:18
French to English
+ ...
Check & PayPal Jan 19, 2011

I prefer checks from companies within the U.S. because there are no fees. For companies abroad, I prefer PayPal.

 
Chun Un
Chun Un  Identity Verified
Macau
Member (2007)
English to Chinese
+ ...
Bank transfer Jan 20, 2011

For clients with large jobs:

Bank transfer

For clients with small jobs:

Moneybookers is the first choice and PayPal only if the client doesn't use Moneybookers.

(I accepted cash once from an interpreting client but this doesn't happen often enough.)


 
Henry Hinds
Henry Hinds  Identity Verified
United States
Local time: 20:18
English to Spanish
+ ...
In memoriam
Check Jan 20, 2011

In the USA we deal with checks, and for in-person contact with the client, sometimes cash. Occasionally I have received wire transfers, that is also OK.

 
Valeria Lagos Gordon Downie
Valeria Lagos Gordon Downie
Spain
Local time: 04:18
Spanish to English
+ ...
It obviously depends on where you live... Jan 20, 2011

We used to work a lot with an American company who paid by cheque, and while my bank did not charge ridiculous amounts to cash it (only €5 per cheque), it did take 30 days to clear it- plus the euro-dollar exchange rate does not seem to be improving, so we stopped working with them. A $2500 cheque became, after about two months after our having finished the job, less than €1900 for a month's worth of work, It really was not worth our while. Currently we only work with European clients who wi... See more
We used to work a lot with an American company who paid by cheque, and while my bank did not charge ridiculous amounts to cash it (only €5 per cheque), it did take 30 days to clear it- plus the euro-dollar exchange rate does not seem to be improving, so we stopped working with them. A $2500 cheque became, after about two months after our having finished the job, less than €1900 for a month's worth of work, It really was not worth our while. Currently we only work with European clients who wire us the money at the agreed time and we have had to pay no charges so far for that (we always receive what we invoiced them for). Paypal is practical and quick, but their rates are too high, so we don't take jobs that only offer Paypal as method of payment.Collapse


 
Valeria Lagos Gordon Downie
Valeria Lagos Gordon Downie
Spain
Local time: 04:18
Spanish to English
+ ...
cheque? Jan 20, 2011

It seems to me that in Europe, cheques are an endangered species, if not extinct - nobody seems to work with them at all... I may be wrong, but I've never been offered a cheque by European clients. And I have never, ever, written a cheque myself!

 
Mikael Adolfsson
Mikael Adolfsson  Identity Verified
Sweden
Local time: 04:18
English to Swedish
+ ...
Paypal not safe? Jan 20, 2011

Neal Allen wrote:

I have used PayPal, but I am really getting tired of their ongoing imposition of limitations on my account. How many times must I prove that I am me and live at my address? The call it ongoing maintenance, but it is more like ongoing harassment to a customer.


And not just that, I have heard of colleagues that have got their accounts "frozen" - with the result that hundreds (in some cases thousands) of euros not accesible ...
I wouldn´t use Paypal for more than a few euro ...
So, even if the fee is high, I definitely use wire transfer. In some cases I have used Moneybookers for small amounts.


 
keelin feeney
keelin feeney  Identity Verified
Ireland
Local time: 03:18
Member (2007)
Spanish to English
+ ...
Bank Transfer Jan 20, 2011

I always use bank transfer and in some exceptional cases, PayPal. Bank transfer is better as there are little or no fees involved in the majority of my cases so far. I have never been offered a cheque here in Europe either.

 
Theodore Bagwel
Theodore Bagwel
French to English
+ ...
cash Jan 20, 2011

notes in small denominations (non-continuous serial numbers)

 
Zaida Machuca Inostroza
Zaida Machuca Inostroza  Identity Verified
Chile
Local time: 00:18
French to Spanish
+ ...
I use meanly Paypal Jan 20, 2011

But I use Wire/bank transfer, Moneybookers.

 
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Poll: Which payment method has been the most convenient to you?






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