I suspect the key is the phrase "in all it's forms" means other than actual currency, and that "hard" refers to "difficult to negotiate". Why this is so in the age of electronic communication I can't understand, as checks I've sent overseas have cleared my bank in under a week of the time I sent them, which includes the time in transit.
I assume David means that any kind of cheque or other instrument made out in Yankee dollars is subject to substantial fees and delays in conversion by an English or European bank. However actual currency in hand is a simple exchange at almost any financial institution. But that leaves the buyer with the risk of sending currency through the mails. I've been lucky so far, but I've only sent cash for very small (<$100) purchases. And usually the registered postage is about what the Paypal fee would have been.
Tom Adams, Shrewsbury NJ
>From: "Mike Waite"
>Reply-To: Mike Waite
>To: "Fred Rafael Rednor"
,"David Blight"
,
>Subject: Re: [CR]Re: Overseas payments
>Date: Mon, 1 Dec 2003 17:44:42 -0000
>
>Are we sure we are speaking the same language here?
>In the UK if we say Hard Currency referring to the US Dollar or Euro, it
>means it's easy to cash at your bank.
>I have often taken Dollar bills (as Malrees2 on Ebay), and pay them into my
>local Barclays Bank.
>
>Maybe just 2 versions of the English language getting confused again??
>
>Mike Waite
>Amersham Bucks UK
>mrwaite@btinternet.com
>
>
>----- Original Message -----
>From: "Fred Rafael Rednor"
>To: "David Blight"
;
>
>Sent: Monday, December 01, 2003 5:16 PM
>Subject: Re: [CR]Re: Overseas payments
>
>
> > > From a sellers point of view, Paypal has been a
> > > Godsend! For some reason the dollar in all its
> > > forms is a hard currency to cash in the Uk...
> > David,
> > If that's the case, why do a fair number of British members
> > of this list accept dollar bills as one of their preferred
> > methods of payment? (By the way, I've never had problems using
> > this method when dealing with "well known" individuals.)
> > Cheers,
> > Fred rednor - Arlington, Virginia
> >
> >
> >
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