Ways to send money from UK account to HK account

Full Member
erw_
Posts: 5
Joined: 13 Nov 05
Karma: 
10 Apr 09 08:42:52 am
Hi everyone, sorry if this post sounds a little silly. It's my first post on the SaleHoo forums and I am quite a newbie to importing. I was using MK Enterprise for dropshipping certain items on eBay and was doing quite well with sales. At the time, they had a UK bank account to send funds for the items I purchased hence, no charges as it was in UK currency. Now, as you all know, they only have bank accounts for US and HK. That is my dilemma due to high charges for wire transfers.

Their account is with HSBC. Would it be cheaper or even free to send money to them if I open a UK HSBC bank account here or are there any suggestions for ways to transfer money online. Any input would be greatly appreciated as I had good relations with them and now I can't use them as my supplier.

Thank you in advance,

Spencer


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Full Member
voodootwothree
Posts: 78
Joined: 13 Feb 09
Karma: 
25 May 09 04:24:53 pm
If they are a good supplier they would recognize a mutual benefit of opening up a PayPal account to keep dealing with you. PayPal charges them a transaction fee you may have to pay for but it's like $5.00.

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