Comments on: Episode 5: Leverage Payment Methods to Keep the Most Money in Your Own Pocket

By: ebodeux

ebodeux — Tue, 20 Apr 2010 16:44:01 +0000

I wanted to add that American Express also has a foreign exchange service similar to Travelex and related. I am trying out their service as well. Though they only allow for foreign exchange translations (USD > EUR > USD, for example), and not domestic transfers via ACH.

By: Joan Wallace

Joan Wallace — Fri, 12 Mar 2010 22:02:21 +0000

I am definitely looking forward to a future podcast on foreign bank accounts.

Joan

By: patenttranslator

patenttranslator — Sat, 06 Mar 2010 18:10:58 +0000

I enjoyed your podcast about different methods for sending and receiving payments. Very informative. Just one small detail: your link to Travelex actually only works if you are already a client (you must have a client’s certificate to enter the site). So the link is useless for people who just want information about services that Travelex may be providing.

I just recently started a new blog and I linked to your blog.

Best regards,

Steve Vitek, technical translation since 1987
http://www.patenttranslators.com

By: ebodeux

ebodeux — Tue, 29 Dec 2009 06:38:24 +0000

Thanks for your feedback. Very interesting about the sign up methods. I signed up with Travelex the old-fashioned way (on the phone with a rep) since I had a personal referral through my husband (!). But, glad to know about that and let’s hope Travelex gets with the times!

By: Thatcher

Thatcher — Thu, 24 Dec 2009 18:15:26 +0000

Thanks so much for a fantastic podcast!
After listening I decided to check out both XE and Travelex. It looks like their rates are fairly similar, but I have to say that XE’s sign-up process is light-years ahead of Travelex.
It would be great to hear from anyone who can compare different aspects of the two services.

By: Tom Ellett

Tom Ellett — Wed, 02 Dec 2009 00:36:06 +0000

The Canadian equivalent of ACH is called EFT (electronic funds transfer). It’s the system companies use to pay their employees by direct deposit. Preauthorized debits and bill payments made through online banking also go through the same system.

By: ebodeux

ebodeux — Tue, 01 Dec 2009 04:16:51 +0000

Hello, it’s me yet again. Sarah Dillon on her blog “There’s Something About Translation…” has just posted some great information about payment methods. Click here: http://www.dillonslattery.com/2009/11/getting-paid-across-borders.html to read what she has to say on the topic.

By: ebodeux

ebodeux — Fri, 06 Nov 2009 21:51:26 +0000

Another comment from me! I saw this link on Twitter and it has great info on HOW to invoice your clients. (Thanks, http://twitter.com/moovgetranslate). Here is the link to the invoicing article: http://www.smashingmagazine.com/2009/11/05/invoice-like-a-pro/

By: ebodeux

ebodeux — Wed, 04 Nov 2009 21:06:49 +0000

Wow – you can just tell I love this subject. Here is another addition! I was at the ATA Conference in NY City last week and in the Exhibit Hall was a company called Payoneer. They were there to sell their services to translation agencies, I think, but it is still interesting to mention. Their site is: http://www.payoneer.com. They facilitate international payments by delivering prepaid Mastercards for their clients (for example, their client is a translation agency that arranges for payment via a pre-paid MasterCard to one of their freelance translators). Seemed like a good idea and they apparently work with people all over the word (clients and payees). I thought it sounded like the fees were kind of steep, but you could negotiate this with whoever owes you money. In any case, adds another possible option to the landscape.

By: Patricia Aiken

Patricia Aiken — Fri, 23 Oct 2009 17:02:58 +0000

Thanks, Eve and Corinne! This was a really interesting podcast, especially the information about ACH. I look forward to more on international banking.