DPChallenge: A Digital Photography Contest You are not logged in. (log in or register) 
 

DPChallenge Forums >> Rant >> Expense of selling overseas
Pages:  
Showing posts 1 - 1 of 1, (reverse)
AuthorThread
 06/08/2009 03:44:10 PM · #1
I sold a photo to an Italian magazine for $250. There is a treaty between Italy and US which requires them to withhold 22.5%, unless I send documents which would cost me significant money, time, and aggravation to obtain. So I opted for the withholding. I received the check for $193.75 on Friday, and it turned out to be a "bank draft". Now my bank says it will have to charge $75 to collect the funds. That will leave me $118.75 from a $250 sale. Doesn't that stink!!!?

I am slowly learning. I made one sale overseas, and was paid by check in British pounds. That cost a significant fee to have it converted, so this time I asked for US dollars. Still everyone else is getting the lions share of the money. The best method I have found so far is PayPal. One company paid me in Euros through PayPal, and I was charged a nominal fee by PayPal for conversion, and the money was deposited directly to my bank within hours of the sale going through. Hurray for PayPal, and I think that is the only way I will do business overseas from now on.
Pages:  
Current Server Time: 08/26/2025 04:45:34 PM

Please log in or register to post to the forums.


Home - Challenges - Community - League - Photos - Cameras - Lenses - Learn - Help - Terms of Use - Privacy - Top ^
DPChallenge, and website content and design, Copyright © 2001-2025 Challenging Technologies, LLC.
All digital photo copyrights belong to the photographers and may not be used without permission.
Current Server Time: 08/26/2025 04:45:34 PM EDT.