Forum Moderators: martinibuster
A cheque or electronic funds transfer?
I can't think of a good reason to switch to check again, expect that PIP shows earlier for publishers who opted for check. But that does not matter, because it takes longer for check to arrive.
EFT is the best, forget about the checks.
I first switched to local currency cheques but after just one month reverted back to US$ as the difference between the rate the bank gives me, even including their charges etc was pretty big.
In addition, the money is in my account and available a lot faster than the cheque method.
No contest!
You don't run the risk of having someone steal the check in the mail and the funds hit your bank immediately.
I prefer a cheque and then I can deposit it where I like and I am not starting an argument about offshore accounts etc, how I run my businesses is my concern and no one else's!
Just remember this, once Google has your account payment details then the Inland Revenue, or whatever the equivalent is in your country, will know precisely where that money has been deposited.
Account number, encashment date, the lot and yes, I do know that any cashed cheque can be traced and I'm not even going into that here.
For those of us on the "alternative side" who prefer not to play by big brother rules the circumstances are totally different.
If you're happy paying 25-50% of your Adsense earnings to your government, please feel free to continue doing so however do bear in mind that there are many legitimate, alternative methods of running your business and especially so for the self-employed.
