Wiring or Checks are usa companies old fashioned ?
 

Hi

I am using exoclick and they wire me my money without problems. But I want to use traffichaus also but they tell me to use PayPal because wiring will cost 50 dollar.
Cashing checks is impossible in the Netherlands now. Checks ? some banks even think I am joking when asking to cash them. Back in the eighties we used our last checks.

So why do USA companies have such problems to wire us the money ?
And is it really that expensive to send a wire ?
Is it really true that you still get checks if you have a daytime job ?

Sending checks is like using a fax machine instead of email.
Please let me know.
Regards
Freek

Obviously you've never run a business that deals with international payments. Most banks will charge $20 minimum to send a wire. If your payout is $500 or lower they'd be spending more than they made on your tiny amount of traffic.

Cheques are basically dead everywhere, except in the US. For whatever reason, they are really still popular there. I haven't written a personal or business cheque in over a year - everything is now electronic.

Just a guess, but banks probably aren't hip enough to offer an API for customers to send funds automagically, so each wire would have to be sent manually by someone in accounting. The whole wire process is very manual and antiquated - bunch of guys typing to each other on terminals... last time I had to trace a lost wire, it went through FOUR banks!

That's not a valid reason. Then charge a $20 payout fee, problem solved.

@ spads
I have done hundreds of wires and no I have NEVER paid 20 bucks.
Only in the USA it costs money.

@bigfurry
Exactly problem solved.

If it costs 20 bucks and traffichaus asks 50 bucks then they try to stop me to use it.
They tell me use PayPal. which means they send it to PayPal then I have to ask PayPal to wire it to my bank. It's stupid.

I get charged $USD33 by a program in EU to send me my payment. I pay $1000+ a year (including receive fees) just to get my money.

Are you perhaps thinking of more local/regional transfers, which are likely to be low cost or completely free, rather than international wires?

paxum and payoneer ftw :thumbsup

America uses ACH -- that is like SEPA but less expensive.

International transfers are the issue.

IDK what a bank pays (if anything) for a wire.

Why?

.....

I still receive checks from programs...

The last check I deposited cost me about $7 in deposit fees (local bank fee), with an additional $50 processing fee charged by the issuing bank in the USA.

$50 just to rubber stamp a check as valid.

Would have been cheaper to have the funds wired.