What is a T/T payment?

Originally posted by Daisuke Jigen:
<strong>It usually has a fee of a few follars to 10.00 or so, but in the end, it is worth it.</strong><hr></blockquote>

T/T transfers are annoying as hell, no offense Jigen, but I don't know what bank you get those rates at. I had to pay for something with a T/T transfer once (wiring money, western union etc.), it was for a hard to find part for my arcade monitor, the part costed 25 bucks, it costed me 35 fucking dollars just to wire the money from my bank.

And believe me, I checked every bank in my area, they ranged in price from 35-65 dollars just to do one wire transfer overseas (It was to Taiwan). Because people really only use it when their dealing with large ammounts of money. Like a lot of those HK Game sites only take T/T, because they get most of their bussiness from dealers who buy a couple thousand dollars worth of stuff at a time, then 35 wouldn't seem like so much.

I don't even bother anymore if they can't take Paypal or CC.

So my 25 dollar part, ended up costing me 25 + 35 for the bank transfer + 45 dollars EMS shipping from Taiwan (It was a monitor chassis), that's right 105 dollars in the end, but it was the ONLY place to find the part.

[ February 19, 2002: Message edited by: Drift King EX ]</p>

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Originally posted by Drift King EX:
<strong>

T/T transfers are annoying as hell, no offense Jigen, but I don't know what bank you get those rates at. I had to pay for something with a T/T transfer once (wiring money, western union etc.), it was for a hard to find part for my arcade monitor, the part costed 25 bucks, it costed me 35 fucking dollars just to wire the money from my bank.

And believe me, I checked every bank in my area, they ranged in price from 35-65 dollars just to do one wire transfer overseas (It was to Taiwan). Because people really only use it when their dealing with large ammounts of money. Like a lot of those HK Game sites only take T/T, because they get most of their bussiness from dealers who buy a couple thousand dollars worth of stuff at a time, then 35 wouldn't seem like so much.

I don't even bother anymore if they can't take Paypal or CC.

So my 25 dollar part, ended up costing me 25 + 35 for the bank transfer + 45 dollars EMS shipping from Taiwan (It was a monitor chassis), that's right 105 dollars in the end, but it was the ONLY place to find the part.

[ February 19, 2002: Message edited by: Drift King EX ]</strong><hr></blockquote>

I have a nice, small midwestern town bank. The wire transfers I have done have been direct from my checking account, and have cost me under 10.00 every time. Even sending money to Honk Kong. Alot of things in the midwest are cheaper than on either coast. I've also been a member of my bank since it opened 4 years ago, and have only bounced 3 checks. Maybe it's possible I got some sort of preferred customer service?


EDIT-I was also able to do them from my home, over the phone.

EDIT AGAIN- Might my status of federal disability have something to do with it?

[ February 19, 2002: Message edited by: Daisuke Jigen ]</p>

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Originally posted by playboycougar:
<strong>Jigen mentioned Escrow, i've heard of that. what is it?</strong><hr></blockquote>

Middle Aged Man knows!

(he was a Mike Meyers character from SNL).

Anyway, from my understanding: Escrow is a mediator used for high end items. A buyer and seller agree to use a 3rd party for a transaction (an escrow service) and the item and money arrive at the escrow service who then independently checks that the item is as described and the money is all there; then sending each to its respective recipient. Payment for the service is either a flat fee or a percentage.

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Originally posted by Daisuke Jigen:
<strong>

I have a nice, small midwestern town bank. The wire transfers I have done have been direct from my checking account, and have cost me under 10.00 every time. Even sending money to Honk Kong. Alot of things in the midwest are cheaper than on either coast. I've also been a member of my bank since it opened 4 years ago, and have only bounced 3 checks. Maybe it's possible I got some sort of preferred customer service?


EDIT-I was also able to do them from my home, over the phone.

EDIT AGAIN- Might my status of federal disability have something to do with it?

[ February 19, 2002: Message edited by: Daisuke Jigen ]</strong><hr></blockquote>

DJ,you could provide a service to others just by being the middle man.
-BB

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Originally posted by BIG BEAR:
<strong>

DJ,you could provide a service to others just by being the middle man.
-BB</strong><hr></blockquote>

I haven't even physically even been to my bank in almost 6 months. It's been at least 3 months since I've called them. My check is direct-deposit, and I have my dad get cash for me. Everything else is PayPal, or checks written to my dad. I fully ecpect them to send an officer out to check soon.

EDIT- About Western Union. They are not that great. They are global as far as I know, but do very little to protect you in the case of fraud. It is a SECURE way to send money, but don't expect a hand if something goes wrong.

[ February 20, 2002: Message edited by: Daisuke Jigen ]</p>

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Originally posted by Daisuke Jigen:
<strong>

I haven't even physically even been to my bank in almost 6 months. It's been at least 3 months since I've called them. My check is direct-deposit, and I have my dad get cash for me. Everything else is PayPal, or checks written to my dad. I fully ecpect them to send an officer out to check soon.


[ February 20, 2002: Message edited by: Daisuke Jigen ]</strong><hr></blockquote>

A person wishes to do a transaction over seas but can't find a good rate for wire transfers. He or She can paypal you the money to do the transaction along with a small service fee.
The goods get shipped from overseas to the person who solicited your services.
Just a thought...
-BB

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Originally posted by ZeroMJ:
<strong>Meh, fuck all of this. Money Orders is the way to go! </strong><hr></blockquote>

Yeah, until you want to make an overseas order. Most HK or asian stores do not even bother with Money orders. Too many get lost, or stolen. Wire transfer is their method of choice. This ain't eBay kid.

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Originally posted by BIG BEAR:
<strong>"Snail Mail" payments are starting to 'BLOW HARD' in my area.Mail is still backed up..certain mails that is...USPS,knock yourselves out...
-BB</strong><hr></blockquote>

No shit. Not one single Priority mail package I have sent in the last 3 monthshas come close to arriving in the alloted time.

Not to be harsh, but if I pay for priority mail, I want it there in priority time. Not a week later. Not 9 days later. 2-3 days. If I wanted it to take forever, I'd send it airmail.

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