This site uses cookies.
Some of these cookies are essential to the operation of the site,
while others help to improve your experience by providing insights into how the site is being used.
For more information, please see the ProZ.com privacy policy.
Williamson United Kingdom Local time: 04:41 Flemish to English + ...
Dec 16, 2003
The 3,9% which Paypal charges upon every payment received is sometimes far more than what a bank charges to cash a check. IBAN would be a solution to this problem.But does IBAN only works in Europe or does it work worldwide?
Subject:
Comment:
The contents of this post will automatically be included in the ticket generated. Please add any additional comments or explanation (optional)
Ralf Lemster Germany Local time: 05:41 English to German + ...
Currently for Europe only
Dec 16, 2003
Hi Williamson, Given that the IBAN concept is essentially a European development, it's not surprising that at present, it's only used within Europe (and even then, you will still find banks within the EU where the response to an IBAN-related question is "I-what?"...).
With the increasing standardisation of cross-border payments worldwide, of course, there's a chance that this concept will be extended - for instance, the IBAN is already mandatory for SWIFT MT103+ payment messag... See more
Hi Williamson, Given that the IBAN concept is essentially a European development, it's not surprising that at present, it's only used within Europe (and even then, you will still find banks within the EU where the response to an IBAN-related question is "I-what?"...).
With the increasing standardisation of cross-border payments worldwide, of course, there's a chance that this concept will be extended - for instance, the IBAN is already mandatory for SWIFT MT103+ payment messages provided that "Sender and Receiver (and Account with Institution, if present) have a BIC code whose country code falls within the European validation list of countries" (quote from the SWIFT website - see URL below). But at present that doesn't help you if you need to move cash between the US, for example, and the EU.
The contents of this post will automatically be included in the ticket generated. Please add any additional comments or explanation (optional)
Flavio Ferri-Benedetti Switzerland Local time: 05:41 Member (2003) Spanish to Italian + ...
IBAN
Dec 30, 2003
Europe (and even then, you will still find banks within the EU where the response to an IBAN-related question is "I-what?"...).
Definitely. That was my experience at my Spanish bank. "IB... what?". When I explained, though, they knew what I was talking about. Thank goodness!
I have received an IBAN payment from Holland to Spain and it did not cost anything. Compared to PayPal...
Best wishes, Flavio
Subject:
Comment:
The contents of this post will automatically be included in the ticket generated. Please add any additional comments or explanation (optional)
Heinrich Pesch Finland Local time: 06:41 Member (2003) Finnish to German + ...
What about Visa?
Dec 31, 2003
Why does nobody seem to use Visa? The fee for recieving money is less than 0,2 % and the initial fee some 100 Euro, which one gets back on resigning. But clients don't want to use it, though it costs them nothing. Why?
Subject:
Comment:
The contents of this post will automatically be included in the ticket generated. Please add any additional comments or explanation (optional)
Translate faster & easier, using a sophisticated CAT tool built by a translator / developer.
Accept jobs from clients who use Trados, MemoQ, Wordfast & major CAT tools.
Download and start using CafeTran Espresso -- for free
Exclusive discount for ProZ.com users!
Save over 13% when purchasing Wordfast Pro through ProZ.com. Wordfast is the world's #1 provider of platform-independent Translation Memory software. Consistently ranked the most user-friendly and highest value