basnl
December 13th, 2007, 07:07 PM
Anyone else received the email about the new International Direct Deposit (XACH) payment option?
I was already very pleased with the international Wire Transfers, which only took +- 5 business days at $35 each (opposed to the checks who took a couple of weeks before they were finally cleared), but it looks likes it's getting even better :)
XACH offers a fast and reliable method for direct deposit of your account payments in your local currency. Best of all, XACH is offered at no extra charge, including conversion to your home currency which is done at published market rates. This saves you money as it eliminates the current $35 banking charge per wire.
This actually saves us $35 x 2(twice a month) x 12(12 months) = $840 a year :)!
It also looks like the transfers will be even faster than the regular wire transfers:
For periods ending on the 15th of the month (for example, the 12-16 period), XACH payments are sent on the last day of the same month (the same day a paper check would have been mailed). If the last day of the month falls on a weekend or holiday, then the XACH payment will be sent on the first business day following the weekend/holiday.
Once sent, XACH payments take only a few days to reach your account, depending on what country your account is in. Specifically, payments take 1-2 days for Canada, 2-3 days for Australia, Belgium, France, Germany, Ireland, Mexico, The Netherlands, and New Zealand, 3-4 days for Austria, Switzerland, and the United Kingdom, and 4-5 days for Spain
Thank you ClickBank :balloon: !
I was already very pleased with the international Wire Transfers, which only took +- 5 business days at $35 each (opposed to the checks who took a couple of weeks before they were finally cleared), but it looks likes it's getting even better :)
XACH offers a fast and reliable method for direct deposit of your account payments in your local currency. Best of all, XACH is offered at no extra charge, including conversion to your home currency which is done at published market rates. This saves you money as it eliminates the current $35 banking charge per wire.
This actually saves us $35 x 2(twice a month) x 12(12 months) = $840 a year :)!
It also looks like the transfers will be even faster than the regular wire transfers:
For periods ending on the 15th of the month (for example, the 12-16 period), XACH payments are sent on the last day of the same month (the same day a paper check would have been mailed). If the last day of the month falls on a weekend or holiday, then the XACH payment will be sent on the first business day following the weekend/holiday.
Once sent, XACH payments take only a few days to reach your account, depending on what country your account is in. Specifically, payments take 1-2 days for Canada, 2-3 days for Australia, Belgium, France, Germany, Ireland, Mexico, The Netherlands, and New Zealand, 3-4 days for Austria, Switzerland, and the United Kingdom, and 4-5 days for Spain
Thank you ClickBank :balloon: !