OT: Ebay question

[Marcel Kunath]

It's only ignorant to somebody who hasn't had to transfer money on a regular
basis between countries for the sake of living. 3 months would be a joke. In
times where your currency can lose value of 50% within a couple hours I want
my transfers to be done within seconds. The system is not capable of delivering
service. Take only MSU. MSU has something like 3000 foreign students out of
43000. Each student pays tuition in cash value due to restrictions put upon them
by
the INS. This money comes in every year into the country. I paid on average 6k
a semester. 10k per year times 3k students times 50 US unis makes about
1 500 000 000
us dollars a year just in tuition flowing from foreign nations into the
usa. How do you think this money gets here? That is why I care so much. This
isn't about 50 dollars for an hd on a one time occasion. This is about an
iimportant monetary infrastructure.

Dear Mr McPherson,

I am unable to pay for my tuition since my bank won';t release my money to me.
Can I take classes anyhow until I get my money?

Thanks,

Marcel

 If you like to hear another
styory of how important international money
transfer is. I got a friend here who owns a US issued credcit card. The only
reason she has it is for her and her friends to use when traveling to the usa.
Whenever one of the clan goes to the us they transfer money from oz into the
account and then use the credit card locally in the usa. This is more efficient
than using an oz issued card since every transfer would accrued a huge fee.
Some places don't even take credit cards which have not been issued in the usa.


The finance and banking system needs improvement. I guess I made my point even
if some think its too harsh of a statement.

mk

> > I found the comments to be rather
offensive and uncalled for, and
even > after reading a page of blather it only explained your ignorance of the
> U.S. banking system. In fact I believe it is a banks right to hold the
> money for like 3 months for out-of-country balance transfers.
>
> Just like it is there right to hold personal checks for I believe a week,
> and 3 weeks for out-of-state withdraws. I am not fully aware of the rules,
> but someone that is familiar with the banking systems around the world
> should be.
>
>
>
> On Wed, 31 Oct 2001, Marcel Kunath wrote:
>
> > Very funny Jason =)
> >
> > You may find it offensive Julie but if I walk into a bank and want to transf
er
> > money (no matter how much) and I got a girl or guy there 18 years old and I
> > know more about wire transfers than (s)he does simply from reading her/his b
ody
> > language and her/his answers to my questions I fear about my money.
> >
> > Sorry for my strong comments but if you knew the scrutinized education Germa
n
> > bankers have to go through you wonder how anybody can trust a teller. I am n
ot
> > against youth in the banking business. I am against having youth run a branc
h
> > and the manager not be available.
> >
> > I got a friend here in Oz who used to be a CEO of a international company wi
th
> > branches in the USA. He quit te business and moved back to Oz. He is trying
> > since weeks to get his money back from the USA and the Americans are too
> > *beep*
> > to do a wire transfer even though he has proven tothem multiple times that h
e
> > is authorized to request this transaction from his account.
> >
> > Clearly it depends on who you make business with. Wire transfers are a stres
sy
> > subject for me due to my experience but I don't even want to expereince if
> > money ever gets wired to the wrong place and the loops you have to jump
> > through to prove that you have the right to get it back. Hence I am putting
the
> > bar very high on banking services and how to please me. People who have not
> > moved around as much money as I have between countries don't get to see how
> > untrustworthy such action can be.
> >
> >
> > mk
> >
> >
> > >
> > > i believe you are reading into his statement a bit too much.  i am a colle
ge
> > > student, and a blondie.  i dont find it offensive.
> > >
> > > perhaps you are trying to imply a gender in his statement, which there is
most
> >
> > > definately not.
> > >
> > > jason
> > >
> > > Julie wrote:
> > >
> > > > Marcel wrote:
> > > >
> > > > >I would always insist to
> > > > >ask for the manager first to make sure some college blondie ain't messi
ng u
> > p.
> > > >
> > > > Um..did anyone else find this statement more than a little offensive?
> > > >
> > > > *julie
> > > >
> > > > _______________________________________________
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> > > > linux-user@egr.msu.edu
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> > >
> > >
> >
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> >
>
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