Reply To: Setting up an Amazon Seller account – required info.

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Regan Blee
Keymaster

Honor,
I would keep checking the Money Transfer companies if I were you.  A 1% fee is too high in my experience.  Transferwise charges me $4.60 when I send USD to China (from my USD account), i.e a flat fee – not a percentage.  If I convert USD to AUD, Transferwise charge me 0.46%, i.e. half of what you are quoting (e.g Ping Pong.)

I used to use Worldfirst who charged me 0.7%.  After moving from a %-based fee at Worldfirst to flat $ fees at transferwise, I am saving hundreds of dollars every time that I pay China.

I recommend that you recheck your calculations.

Also I would avoid any service that is just a front for a major bank as fees are likely to be higher.

  • This reply was modified 1 year, 3 months ago by Regan Blee.
  • This reply was modified 1 year, 3 months ago by Regan Blee.
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