Affiliate payout in Euros (?) via Wire Transfer - what do you think? - GoFuckYourself.com

Bossman · 08-25-2006, 06:49 AM

As the topic says - what do you think about an affiliate program paying out in euros (?) via wire transfer?

Jakke PNG · 08-25-2006, 06:52 AM

Doesn't really matter what the currency is, my bank converts our USD wires automatically to Euros.
what does matter is the revenue.

rowan · 08-25-2006, 07:46 AM

For people in EU it could be very handy
For people whose local currency is neither USD or EUR then it could still be handy as the conversion may be better for EUR

Question is... how are you going to absorb the conversion losses? If you bill in USD and pay out in EUR then the conversion risk moves from the affiliate to the program.

JOKER · 08-25-2006, 07:51 AM

Euros all day long for me.

Also bill the user in Euros!

Manman · 08-25-2006, 07:58 AM

i ampro but high fees apply

spacedog · 08-25-2006, 08:02 AM

Euros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50..

IMO-- wires blow unless you're a fucking whale..

TheSwed · 08-25-2006, 08:17 AM

4. Dollar and epassporte

checks it's something we here in Sweden stop to use in the 80:s
it cost me $30 in bank fee just to cashe it

JOKER · 08-25-2006, 08:19 AM

Quote:

Originally Posted by spacedog

Euros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50..

IMO-- wires blow unless you're a fucking whale..

Solution: European banking - no or only little wire fees

Jarmusch · 08-25-2006, 08:39 AM

Sure, as long as the commissions are also in euros, like 30€ per signup, it would be very nice.

rowan · 08-25-2006, 09:00 AM

Quote:

Originally Posted by spacedog

Euros are fine as my bank automatically converts at no extra cost to me..

No extra cost? I guess you think the USD-EUR conversion rate is constant?

That's one disadvantage of wires - you can't choose when to do the conversion. I have a little script that shows the past 28 days of AUD rates, plus 7, 14 and 28 day averages, to help me decide the best day to deposit a batch of cheques.

rowan · 08-25-2006, 09:03 AM

BTW is the typical $20 "inside USA" wire fee for a transfer between bank accounts? In Australia a bank-to-different-bank transfer costs about 25c.

Shoplifter · 08-25-2006, 09:05 AM

We have this capability and it works out great. In fact you can choose your payout currency.

serguei · 08-25-2006, 09:11 AM

we do it..... This is no problem.

Mobyz · 08-25-2006, 09:15 AM

I have some affiliates with euro wire and i am paying for each international transaction 10 Euro

ladida · 08-25-2006, 09:57 AM

Quote:

Originally Posted by spacedog

Euros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50..

IMO-- wires blow unless you're a fucking whale..

Your bank sucks man. Go to a few banks in your town, and ask for these things. You'll see fees vary ALOT from bank to bank. My bank charges no acceptance wire fees, no fees for checks if you let them stay in bank for 2 weeks, and for a wire of around $100 fees are around $9 (or 3% from the actuall amount you're sending up to $45 (which would be the max fee if you send more then $1500.

Penthouse Tony · 08-25-2006, 12:38 PM

interesting thread.

Bossman · 08-25-2006, 03:00 PM

Quote:

Originally Posted by rowan

Question is... how are you going to absorb the conversion losses? If you bill in USD and pay out in EUR then the conversion risk moves from the affiliate to the program.

If the product is billed in ?, then its payout will be in ?
If the product is billed in $, then its payout will also be in ?, which can/will be adjusted if the ?/$ conversion value moves higher/lower. Like the good old dialer days

Of course once the ? are sent, then the "risk" or "benefit" (conversion rates can also be positive

) is transfered to the affiliate. But that is not new to any affiliate who have received payouts in a different currency than his local currency.

Mr. Romance · 08-25-2006, 03:13 PM

Euros rock

Mr. Romance

Webby · 08-25-2006, 03:18 PM

Quote:

Originally Posted by Bossman

If the product is billed in ?, then its payout will be in ?
If the product is billed in $, then its payout will also be in ?, which can/will be adjusted if the ?/$ conversion value moves higher/lower. Like the good old dialer days

Of course once the ? are sent, then the "risk" or "benefit" (conversion rates can also be positive

) is transfered to the affiliate. But that is not new to any affiliate who have received payouts in a different currency than his local currency.

Odd to think there are quibbles over bank costs when talking about two currencies where there is almost a 40% difference over the last few years

BlueDesignStudios · 08-25-2006, 04:28 PM

sounds like a winner if you ask me!

RayBonga · 08-25-2006, 04:39 PM

Only two fbi agents so far?

View Poll Results: Payouts in Euros (€) via Wire Transfer?
YES, Please! Euros are nice, and so are wire transfers!	23	92.00%
No way! Its got to be in USD and paper checks!	0	0%
I´m working for the FBI as an undercover GFY surfer.	2	8.00%
Voters: 25. You may not vote on this poll

08-25-2006, 06:49 AM	#1
Bossman Confirmed User Join Date: Jun 2006 Location: EU Posts: 1,263	Affiliate payout in Euros (?) via Wire Transfer - what do you think? As the topic says - what do you think about an affiliate program paying out in euros (?) via wire transfer?

08-25-2006, 06:52 AM	#2
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	Doesn't really matter what the currency is, my bank converts our USD wires automatically to Euros. what does matter is the revenue. __________________ ..and I'm off.

08-25-2006, 07:51 AM	#4
JOKER Facit Omnia Voluntas Industry Role: Join Date: Apr 2003 Location: Offshore Posts: 2,105	Euros all day long for me. Also bill the user in Euros! __________________ Facilitation - BizDev - Traffic - Consulting - Marketing Skype: jokerempire \| Silent Circle: joker

08-25-2006, 07:58 AM	#5
Manman Registered User Join Date: Aug 2006 Location: Heaven Posts: 36	i ampro but high fees apply __________________ NOT 4 sale

08-25-2006, 07:46 AM	#3
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	For people in EU it could be very handy For people whose local currency is neither USD or EUR then it could still be handy as the conversion may be better for EUR Question is... how are you going to absorb the conversion losses? If you bill in USD and pay out in EUR then the conversion risk moves from the affiliate to the program.

08-25-2006, 08:02 AM	#6
spacedog Yes that IS me. Bitch. Industry Role: Join Date: Nov 2001 Posts: 14,149	Euros are fine as my bank automatically converts at no extra cost to me.. however, the wire if mandatory is disturbing.. I promote a mainstream company whose only payout is via wire.. which fucking sucks.. they charge $25 for the wire to send me $100, which leaves me $75 then the goddamned bank charges another $12.50 to recieve the wire which leaves me $62.50.. IMO-- wires blow unless you're a fucking whale..

08-25-2006, 08:17 AM	#7
TheSwed Confirmed User Join Date: Feb 2004 Location: Sweden. Posts: 3,483	4. Dollar and epassporte checks it's something we here in Sweden stop to use in the 80:s it cost me $30 in bank fee just to cashe it __________________ Cheap Viagra and Cialis Erectionpills

08-25-2006, 08:39 AM	#9
Jarmusch Industry Role: Join Date: May 2003 Posts: 12,464	Sure, as long as the commissions are also in euros, like 30€ per signup, it would be very nice.

08-25-2006, 09:03 AM	#11
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	BTW is the typical $20 "inside USA" wire fee for a transfer between bank accounts? In Australia a bank-to-different-bank transfer costs about 25c.

08-25-2006, 09:05 AM	#12
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,723	We have this capability and it works out great. In fact you can choose your payout currency.

08-25-2006, 09:11 AM	#13
serguei Confirmed User Join Date: Mar 2004 Location: Hungary Posts: 802	we do it..... This is no problem. __________________ RevshareCash.com FREE HOSTED GALLERIES! 55% Payout! Unique content - Defloration, underwater nudity & naked gymnasts!

08-25-2006, 09:15 AM	#14
Mobyz Registered User Join Date: May 2005 Posts: 35	I have some affiliates with euro wire and i am paying for each international transaction 10 Euro

08-25-2006, 12:38 PM	#16
Penthouse Tony Confirmed User Industry Role: Join Date: Apr 2004 Location: Mountain View, CA Posts: 5,835	interesting thread. __________________ aamos AT FFN dot com Penthouse.com Business Development ICQ: 49090846 \| Yahoo IM: ff_aamos

08-25-2006, 03:13 PM	#18
Mr. Romance The Face of Romance and the Symbol of Freedom Join Date: Mar 2005 Location: The America's Posts: 7,821	Euros rock Mr. Romance __________________ Free Leads Program now paying up to $6 Gerard-Director of Global Sales Sign up Here: CamStarCash Check out: FreeCamStars ICQ: 330 662 299 gerard at freecamstars . com

08-25-2006, 04:28 PM	#20
BlueDesignStudios Confirmed User Industry Role: Join Date: Feb 2003 Location: Australia Posts: 9,492	sounds like a winner if you ask me! __________________ Blue Design Studios - Adult Design Specialists! Email me for a free quote: [email protected]

08-25-2006, 04:39 PM	#21
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	Only two fbi agents so far?