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Hi Gretchen, been following this thread and wanted to jump in and ask if
you've had good experience with transferwise? I have been considering using
it to pay some vendors in Europe--it seems solid based on my online
research but I haven't found anyone who has firsthand experience with
it--like you (and the rest of us) I'm wary. Any input would be much
appreciated--thanks! Molly


On Tue, Sep 25, 2018 at 12:09 PM gretchen halpert <
[log in to unmask]> wrote:

> Linda,
>
> I use PayPal for receiving payments from my distance students. The
> payments are deposited into a checking account I have set up for that
> purpose. In the beginning, and with TransferWise (another program I was
> wary of at first), I used an account I left very little money in. Like
> others, I have never had a problem, and like Marni said, the record comes
> in very handy.
>
> Note that PayPal may charge a fee. For domestic transfers, they charge
> 2.9% plus 30 cents per transaction. For overseas transactions, the fee is
> 3.9% plus 40 cents (or something close to that). There is also a "friend to
> friend" option, which carries no fee domestically. I don't know about
> overseas. Tell your friend to try to use the "friend to friend" option to
> save you lots of money on that less-than-5M transfer.
>
> Best,
> Gretchen
>
> Gretchen Halpert
> Illustrator/educator
> Scientific Illustration Distance Program
> www.gretchenhalpert-distanceprogram.com
> <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.gretchenhalpert-2Ddistanceprogram.com&d=DwMFaQ&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=AGYZ7-AeerjxzYnIwL-lBLFI3SPYN3BDmku4qGQB4Tg&m=UBTAdJc5H6bIWwrIc5A9u3IqfE9XU53P_cq8RLW1wRY&s=Doli5Mo1WPsJwXRSQbkyfAce_feglhUwgCTQRnM1vWg&e=>
> www.gretchenhalpert.com
> <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.gretchenhalpert.com&d=DwMFaQ&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=AGYZ7-AeerjxzYnIwL-lBLFI3SPYN3BDmku4qGQB4Tg&m=UBTAdJc5H6bIWwrIc5A9u3IqfE9XU53P_cq8RLW1wRY&s=OP-wJ6IiCbVxVP0JS8-Jn9hahu8EiTvb7KCaUTP9LIQ&e=>
>
>
>
>
>
>
>
> On Sat, Sep 22, 2018 at 11:58 AM Marni Fylling <[log in to unmask]>
> wrote:
>
>> Hi Linda.
>> I've also been using Paypal for well over a decade, with no bad
>> experience. I didn't care for the bank account access, either, so a few
>> years ago I finally gave them information for a checking account I rarely
>> use- and which only contains a couple hundred dollars. Nothing weird has
>> happened. It makes money transfer very simple, and there are detailed
>> records available on their site (nice when taxtime rolls around).
>>
>> Good luck!
>> marni
>> ------------------------------
>> *From:* SciArt-L Discussion List-for Natural Science Illustration- <
>> [log in to unmask]> on behalf of Emily S. Damstra <
>> [log in to unmask]>
>> *Sent:* Saturday, September 22, 2018 11:31:36 AM
>> *To:* [log in to unmask]
>> *Subject:* Re: [SCIART] Paypal thoughts
>>
>> Linda,
>> So far, in the 13+ years I've been using PayPal, I haven't had any bad
>> experiences with them. My understanding about why they need your bank info.
>> is so you can transfer your $ from your PayPal acct to your checking
>> account, OR so that you can use PayPal to pay for things from your bank
>> account if you choose to (if they still do that).
>> ---
>> *Emily S. Damstra*
>> natural science illustration
>> Guelph, Ontario
>> (519) 616-3654
>> *[log in to unmask] <[log in to unmask]>*
>> emilydamstra.com
>> <https://urldefense.proofpoint.com/v2/url?u=http-3A__emilydamstra.com&d=DwMFaQ&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=AGYZ7-AeerjxzYnIwL-lBLFI3SPYN3BDmku4qGQB4Tg&m=Nj0Nlfkc66nv-klUQqa6gFf4H8riFUrUgdCh5dicfp8&s=hLjXgbNNCuT0_fcIdUj-eNmeWwYOXurnZOAOsif7Uv0&e=>
>> @EmilyDamstra
>>
>>
>> On Sat, Sep 22, 2018 at 9:44 AM Linda Feltner <[log in to unmask]>
>> wrote:
>>
>> HI All:
>> I have an international friend who wants to reimburse me via paypal.
>> (Yes, I totally trust this person) (and not $3M from a dodgy bank ;)
>>
>> In the past, when Paypal started up, they wanted more access to my
>> checking account than I was comfortable with (creepy, really). They wanted
>> all sorts of info about that bank account and it discouraged me from using
>> their service.  I wondered if anyone had good things to say about the way
>> they do business now.
>> I use Paypal to pay to exhibitons, etc.  I also get client money
>> deposited into my checking account, but not sure why Paypal wanted access
>> to money in and out of my account.
>>
>> Any thoughts? Do you find them reliable and safe?
>> Thank you,
>> Linda
>> --
>> ____________________________
>> Linda M. Feltner Artist LLC
>> P.O. Box 325, Hereford, AZ 85615
>> 520.803.0538
>> www.lindafeltner.com
>> <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.lindafeltner.com&d=DwMDaQ&c=Cu5g146wZdoqVuKpTNsYHeFX_rg6kWhlkLF8Eft-wwo&r=AGYZ7-AeerjxzYnIwL-lBLFI3SPYN3BDmku4qGQB4Tg&m=oTpWAb3YzIwd2rEk6vyPYwDmvghfQLDHhJsuDDazbo0&s=qtCmc_rBnBg38xNNjiqDI6X1CFqmklos9U1E3ztza5Q&e=>
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