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Paypal or other online system for receiving funds?

Posted by szozu - Created: 14 years ago
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Posted by ilight - 14 years ago

If you are French resident, then you can have paypal directly send your money into your French bank account. Its easy and pretty convenient and done online, though expensive as mentioned (5%) You could have your renters send you a moneygram money order (thomas cook), its about the same %, except that the sender pays it, wheras in paypal, the receiver pays the commision.

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Posted by MikeP-180526 - 14 years ago

I've used PayPal and it works like a dream.  The problem is that for larger amounts, such as you would be transferring, it works out expensive as their fees are percentage based and I believe they are not capped, but have a look on ther website.

To anyone who is considering using PayPal,  or who does use it,  be aware that there are a lot of spoof ('phishing') emails going around pretending to be from PayPal and asking you to go to their (fake) website and enter your details.  However the gramer and speling is usaully rather bad and they look amateurish!