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Top Document: Misc.FS+Biz.Mktplc TRANSACTIONS FAQ--INFO FOR NEW USERS Previous Document: 10. Payment and shipping recommendations Next Document: 12. Glossary of terms. See reader questions & answers on this topic! - Help others by sharing your knowledge
Despite the large number of advertisements from the U.S., the
Usenet Marketplace is a global institution. All advertisers,
even individuals, need to be aware of the international
culture and reflect it in their ads. Also, they need to
be prepared to deal with international issues if a potential
buyer sends an offer from a foreign nation. Many successful
transactions occur across country boundaries, but a few more
topics need to be covered before shipping to other countries.
***Use the Escrow method***
Unless a transaction involves items of very low value, use the
escrow method for completing the sale. The advantages, in
this case, are manyfold.
For one, paying an escrow service by credit card solves the
problem of trying to deposit a check drawn on a foreign bank.
The major credit card companies usually give better exchange
rates than most banks because they can trade currency amongst
their international operations. Meanwhile, most banks will
charge a hefty fee, often US$20 to process a check drawn on a
foreign bank. Meanwhile it can cost just as much for the
buyer to acquire a cashier's check drawn on a bank in the
seller's country. These charges, and the impossibility of
recovering your money or items in case of fraud, makes the
effective cost of escrow minimal to negative. Some people
successfully send cash through the mail for small items, but
as this is not recommended in the U.S., it is even less
recommended internationally. Finally, COD is not available
across international boundaries.
***Choose a courier carefully***
Before shipping a package internationally, ask the shipping
company how it handles international packages. Sending
packages through many major couriers may result in additional
fees on the receiving end for delivery to certain countries.
These charges may cover expenses in clearing customs, or they
may represent a brokering fee to transfer the package to a
courier that delivers in the buyer's country. France and
Canada are two prime examples with certain couriers. Some
major couriers operate in different countries, so packages
sent by one courier may not incur a fee for a package shipped
from the U.S. to Japan, while another will. You must ask,
and it may take a few tries because many representatives may
not be fully aware of the international situation.
***Taxes and legal restrictions***
Most international sales are subject to import duties, if
properly declared. Gifts and small transactions often pass
by unnoticed by customs in many countries, but the buyer can
expect to pay sales, value-added, or import taxes in large
international transactions. Make sure you know what those
fees will be in your country before you finalize an offer to
buy, because these taxes sometimes exceed 100%. Duties can
often negate the benefits of buying from a foreign country.
Contact your nearest customs agent or international shipping
company for more information.
While the buyer worries about duties, the seller needs to know
of any restrictions on business to the buyer's country. For
example, it is illegal to send many kinds of advanced
technology from the United States to certain countries, and
likewise across other international borders. Advanced
technology is more encompassing than just weaponry and
militaria. Many common software packages and computers may
face export restrictions punishable by jail time in the U.S.
***Make it easy, let someone else do the work***
Because of the complexity, and sometimes absurdity, of
international laws, and because of the documentation required
on all international packages, all readers who wish to deal
internationally should speak with a company experienced in
such matters. Any local packaging and mailing service should
be able to refer you to an appropriate company, or you can
contact one of the following international freight
specialists:
Mailboxes Etc.
Chain of local mailing services which caters to
individuals
On the Internet, but address is unknown.
Overseas Alliance Group, USA
International equipment freight forwarding
(914) 472-3204 USA
jc88@delphi.com
Questions you need to ask an international shipper:
Is it legal to ship this item to country X?
What import/export/value-added taxes must be paid?
What is the best way to ship, and how much will it cost?
What documentation is required?
How can international shipments be insured?
User Contributions:Top Document: Misc.FS+Biz.Mktplc TRANSACTIONS FAQ--INFO FOR NEW USERS Previous Document: 10. Payment and shipping recommendations Next Document: 12. Glossary of terms. Single Page [ Usenet FAQs | Web FAQs | Documents | RFC Index ] Send corrections/additions to the FAQ Maintainer: dank@metrics.com (Dan King)
Last Update March 27 2014 @ 02:11 PM
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