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Re: Foreign Bank Drafts (fwd)



I used this when I purchased the ZL2AMD Uni-Trak rotor controller. Worked
well and they were, relatively, quick in supplying the check. A good
resource.

John Wilcox  NS1Z
871 Route 120
Rumford, ME  04276-3836
207-364-2246
207-364-2505 (fax)
FN44RN


----- Original Message -----
From: "Clifford Buttschardt" <cbuttsch@slonet.org>
To: <kd1vv@mediaone.net>
Cc: <amsat-bb@AMSAT.Org>
Sent: Wednesday, January 03, 2001 17:00 PM
Subject: [amsat-bb] Foreign Bank Drafts (fwd)


> Bob and the net members:  This message is 17 months old and might not be
> of value, but it was VERY useful then.  You may want to check it out
> before spending fifty dollars with a local bank.  If this remains a good
> contact, let the rest of us know on the AMSAT-BB.    Cliff K7RR
>
> ---------- Forwarded message ----------
> Date: Sun, 04 Jul 1999 09:29:08 -0400
> From: "Ronald K. Long" <long.22@osu.edu>
> To: amsat-bb@AMSAT.Org
> Cc: nova-net@nlsa.com
> Subject: [amsat-bb] Foreign Bank Drafts
>
> Easy and Inexpensive Way to get Bank Drafts in a Foreign Currency
>
> With the growth of the world wide web and global commerce many USA
> hams will want to purchase an item, new or used, from a ham in
> another country and the individual will want payment with a bank
> draft in his local currency.
>
> The USA is a large country with lots of variations but I have found
> that either my bank branch does not know what I am talking about or,
> more frequently, they have an excessive charge for even the smallest
> amount.
>
> I found the solution from an article in the Wall Street Journal a
> couple of years ago. It has worked well for me.
>
> Call 800-424-2923.
>
> This is:
>   Ruesch International
>   700 11th Street NW
>   Washington, DC 20001-4507.
>
> Tell them you would, for example, like a check for NZ$200 (New Zealand
> dollars). They will tell you the current exchange rate and the
> corresponding amount in US$. You then send them a personal check for
> that amount plus their fee of $2. In a few days you will get your check
> ready to mail.
>
> They probably will ask you for your account. Just tell them that you
> are an individual and would like a temporary account. No problem.
>
> Ruesch has offices in a number of large US cities but I have found
> that it is easiest to deal with the 800 number.
>
> They also have a web site but to my knowledge you can't do these
> transactions there but it has interesting information including all
> the office locations. http://www.ruesch.com/
>
> Although this note was written with USA hams in mind, you will note
> that Ruesch has offices in London, Zurich and Prague also.
>
> Good luck. Ronald Long, W8GUS.
> ----
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>
> ----
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>

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