Experiments With The 4-Hour Workweek
Up until now I have been using Xoom.com for transferring funds to my Filippino workers. But apparently Xoom.com does not want my money, because they are now raising the minimum amount to 50$ (which is ok), but as this blog post suggests, they are also now only accepting US bank accounts and US credit cards.
Damn… Anyone know of any similar services that can be used instead? And isn’t a bit silly that they do now want my money (it typically cost me 10$ per transaction).
Related posts:
Hi, my name is Rasmus and I live in Denmark. In January 2008 I read the book
I am in the IT business and saw that some of the stuff Tim mentioned in his book, was clearly possible. And while I will never be as hardcore as Tim is, there were certainly ideas in the book that I could see myself using.
This blog is all about my experiments with Living The Four Hour Work Week - although my weeks are currently longer :)
Daniel Graversen
March 25th, 2010 at 11:15 pm
Hi,
I changed to swift and bank payments. I was afreaid that I needed to use the branch but it seems like I can just transfere to a swift number for the full bank. And the transaction cost in my end is only 5$. I’m not sure what is taken in the other end.
Daniel
Rasmus
March 26th, 2010 at 12:10 am
@Daniel: Thanks. But what if the recipient does not have a bank account? One of my Filippinos are using cash pickup.
Reshma
April 6th, 2010 at 2:00 am
Try Sendah.com
Rasmus
April 6th, 2010 at 5:41 am
@Reshma: Thanks I’ll look into it.
Visitor
April 21st, 2010 at 1:27 am
Is sendah.com safe and reliable?
Rasmus
April 21st, 2010 at 2:22 am
I haven’t tested it out. It looks a bit too shabby for me to try it.
I have reverted back to PayPal.
Mikael Rieck
July 5th, 2010 at 3:25 am
I’ve switched to PayPal as well. I’m just adding the 6% fee so that my people don’t have to take a pay cut because of Xoom.
Mikael
Rasmus
July 5th, 2010 at 3:37 am
@Mikael: Wasn’t aware that it was 6%, thought it was just a couple %. Well, there are not a lot of alternatives.