Deposits

Discussion in 'Before & After the Hunt' started by postoak, Jan 24, 2013.

  1. BRICKBURN

    BRICKBURN SUPER MODERATOR CONTRIBUTOR GOLD BENEFACTOR AH Ambassador

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    This line of questioning just got me going on an investigative roll.

    Here is what I found, thus far.
    I am looking at sending a small amount R1000.
    For large amounts I may just keep using that bank for certainty sake.

    Todays posted exchange 8.8869 online.
    (I know the rate is semi false but its a baseline because no one will give you that exchange rate really.)

    Costs are with exchange included where possible.

    Moneygram
    exchange 8.536936
    Fee: $15.00
    COST: 19.61

    World Remit
    Exchange 8.72295883
    Fee: $3.99
    COST: $6.10

    Paypal
    Can not send RAND
    Can send CAD at zero fee
    Who knows what the receiver gets dinged
    Hidden costs CC rates of at least 2.5% plus their exchange
    COST: Who knows.

    Bank
    Outgoing .2% of the amount just because they are a bank
    Min Fee: $15.00
    Communication Charge: $10.00
    They could not even tell me an exchange rate, its the weekend.
    You can guess at least 2.5% min though.
    COST: $30.85
     
  2. Bearhunter

    Bearhunter AH Member

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    I have a paypal account tied to a visa card. When I sent money I transferred it . This ment I was charged for the transfer not the person receiving it.
     
  3. BRICKBURN

    BRICKBURN SUPER MODERATOR CONTRIBUTOR GOLD BENEFACTOR AH Ambassador

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    As long as the currency you want to send is on their list.
     
  4. Bearhunter

    Bearhunter AH Member

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    Most outfitters like to be paid in USD.
     
  5. rphguy

    rphguy AH Enthusiast

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    I had a "package deal" but was told to pay half of the daily rate up front. My thinking was that was that was kinda small, would have thought more would have been asked, but that was asked and I gladly did it. Paid the rest by cash and the unplanned waterbuck by credit card on the last day.
     
  6. Rob44

    Rob44 BRONZE SUPPORTER AH Fanatic

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    anybody try to use Pay-Pal Gift,,,My understanding is there is no fee charged on either end
     

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