Does 2CO Accept International Suppliers or Customers?
December 30th, 2006, by: knowledgebaseYou need to login before leaving a comment If you do not have an account, you can register one here.
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6 Comments »
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Do i have to provide a US-based bank account or can you transfer the money to international accounts?
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Suppliers with bank accounts in Australia, Canada, Great Britain, or The United States can have payments electronically deposited directly into their bank account at no cost via our direct deposit payment methods. Suppliers without a bank account in any of the countries above can have their payments electronically deposited into their bank account via our wire transfer payment method.
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Hi,
I’m working for a Vietnamese company with customers in the US, UK and other foreign countries.
Now I wanted to ask what the costs would add up to, if you would transfer my weekly money to a Vietnamese bank account, such as ABC-Bank or Vietcombank.
Have you ever offered your service to Vietnamese businesses?
Greetings,
Patrick
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There are multiple payment options available to you. Please review this article for more information on the payment methods available to you and the costs associated with them.
Yes, we do have suppliers from Viet Nam currently using 2Checkout.
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Thanks for your quick answer!
One thing in the article made me wonder though:
It says
“Suppliers selling tangible goods should not expect payment until 2CheckOut can confirm receipt of goods shipped”.
How do you confirm the shipping? If we send via UPS, we could send you a copy of the receipt, but if we use the local post office, the receipt will be in Vietnamese. What’s your policy on that issue?
In the articel it says that a transfer to Vietnam costs $10. But on the webpage it says:
“2CO applies a 5.5% commission on each transaction, plus a $0.45 charge per transaction.”
Does that add up to the 10$ or is it only valid for US-Customers?
Also, I would like to know with which Vietnamese Banks you cooperate.
Regards,
Binh
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Hello Binh - We will contact some of your first customers to ensure that you are delivering goods to them before we release the first payment. This is what we call our verifications process. We also require suppliers to mark a sale as shipped if it is a tangible sale. Once the sale is marked shipped it will deposit and be all set to release to you in your payment. This line just lets suppliers know they should not hold shipments until we release a payment to them.
The 5.5% and 45 cents applies to each sale that a customer places. The $10 applies to the payment that we send you once a week.
We will work with any bank in your country.