Thursday, May 16, 2019

Overseas payment

Finally today my payment cleared in Barcelona. I said finally because I worked for this almost 4 days.
I found this small convent of Dominican fate in the heart of Barcelona and I like the idea is a female convent. They offer accommodation for local students. After the initial negotiation and setting boundaries, I choose to stay with them. They send me their financial information and I went to the local bank request the payment the Barcelona. Tuscola ways down the 5000 and no many foreign payments are made. The clerk was clearly lost and did not know how to convert the dollars from my account to the necessary euros.
Initially, I thought this will be a problem but realized that the problem is in her inexperience.
Champaign Illinois has 150,000 population and is sit of the University of Illinois major university in the United States. About 60% of their students are foreigners. I ask for help from this town and immediately understood that the clerk knows how to do it.
In the United States international payment need to be sent in a time frame of 9 to 2:30 p.m. in order to be received on the same day in Europe. As it was late 2 days ago afternoon I fell the transfer request with the assurance of the clerk that's when you'll be sent on the next day morning - yesterday. I explicitly request a confirmation email when the money was sent and received in Barcelona.
Around 11 am yesterday I called back to ask for my confirmation email. I was told that the supervisor will send it to me first thing after lunch at 1 PM.
I want to believe that's in the United States common sense for business it's very well-developed and I as many other things Americans strive for excellence in the business field 2.
For my great amazement, the confirmation email hold one single line
Your money was sent.
No date no confirmation number not from whom to whom.
I had to ask second time on something more substantial and I received it.
Immediately I forwarded this information to the convent in Barcelona they confirm it and promised to send me confirmation when the money AR accountants in their account
This just happened a couple minutes ago I received a confirmation email from the convent that they had received my payments and I officially have a room paid for this July.
Lesson learned
International payment takes at least two and a half days to clear. From u.s. there is $75 fee for the transaction
You have to find a knowledgeable person with international money transfer experience.
Image result for international money transfer

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