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I am sure other "experts" on currency forcasting will disagree, but the dollar will get stronger against the pound in the next year. Sure it might get worse before better, but the government concern over the price of the euro to the dollar will put preassure to adjust EU interest rates lowering the value of the euro, and thus preassuring the pound. Takes time to work out, but i am confident we will see Euro and pound rates closer to 2000 levels.
I do feel bad for the UK folks here, as I was in London last weekend and it seemed like i was throwing money out the window with the exchange rate!
joined:Oct 27, 2001
Google isn't in the currency-exchange business, and if AdWords/AdSense rates are denominated in dollars (as I assume they are), it's only reasonable that publishers should be paid in dollars.
One thing Google could do would be to let publishers specify the minimum payment as some affiliate programs do. A publisher who didn't generate much revenue could set the payment minimum at $1,000, for example, so that check-cashing fees (or, in the future, wire-transfer fees) would represent a smaller percentage of the amount paid.
joined:Oct 27, 2001
Yeah, that would be a great idea, and then wait a year before you see your money..............
Some publishers would rather have cash in hand as soon as possible; others would rather wait for their money and pay less in bank fees. What's wrong with offering them a choice?
What with the poor exchange rate and high commissions involved in paying it into my UK account, and then paying again to withdraw cash when I'm in the US it seemed a good idea to me at least.
Anyone know if I'll have a problem as a non-US citizen doing this? I figure that as long as I'm not charged more than 6% of the check's value I should be quids (well, dollars) in.
PS. Apologies to my fellow UK-ers for the 'incorrect' spelling of cheque throughout! :)