[consulting] being a listed consultant

[Khalid Baheyeldin]

On 4/9/07, Karoly Negyesi <karoly at negyesi.net> wrote:
>
> > That may be correct....for the United States. Cheques are *very*
> > uncommon in Europe, and electronic transfers / wire transfers are
> > commonplace.
>
> My Hungarian bank once explained that if I get a cheque drawn on a US
> bank, then they will send it by post to said bank which will do a wire
> transfer! Really. No kidding. Of course this costs me lots o' money AND
> time. Really. I pay a ton of money to be served slowly.


In Canada, US clients can send you US cheques, and they are deposited
in your account easily (at the ATM), and adjusted for currency exchange.

No hassle, no fuss, and 10% - 12% exchange rate benefit.

Of course, you have to be careful with first time clients, ...etc.

Seriously, I have thought more than once that I will simply ask gold
> bullion coins to be shipped via UPS or similar as payment. However, there
> is some loss between the buy and the sell price -- it's about 2%, and of
> course the shipping costs can be pretty high if shipping to big distances
> despite the weight is next to nothing (1 ounce of gold is 28 grams and it
> worths 672USD). But, unlike the banks, couriers will strive hard to get
> the thing to you, a simple typo will not stop the process for six weeks
> and introduce a 100 EUR loss and it's *trackable*.


Virtually all couriers forbid shipping of cash explicitly. I am pretty sure
gold falls
under the regulated stuff, since government does not want to make life
easier for
money laundering, organized crime, ..etc.

So, don't try that.
-- 
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