Path: utzoo!utgpu!jarvis.csri.toronto.edu!cs.utexas.edu!uunet!mcsun!sunic!nuug!ifi!ifi.uio.no!kjetilho
From: kjetilho@ifi.uio.no (Kjetil Torgrim Homme)
Newsgroups: comp.sys.atari.st
Subject: Re: Foreign exchange (was Re: Shareware Policy.)
Message-ID: <2631@ifi.uio.no>
Date: 22 Feb 90 22:34:25 GMT
References: <2014@laura.UUCP> <90020603025378@masnet.uucp> <1969@laura.UUCP> <1990Feb16.161133.16110@cs.dal.ca> <2008@laura.UUCP> <A1368069203@thelake.mn.org>
Sender: news@ifi.uio.no
Reply-To: kjetilho@ifi.uio.no (Kjetil Torgrim Homme)
Organization: University of Oslo, Norway
Lines: 45

Rainer Klute writes:

>   What shall I do with the cheque? I shall not take it to a
>   bank to receive the money. They will charge me at least
>   about DM 17 (ca. US$ 10)! Instead: I shall send it to my
>   Postgiroamt. They will perform something called "simplified
>   foreign cheque draw in" (my attempt to translate office
>   german into english, sorry). This costs only DM 0.80!

I agree with him that this is an easy way of transfering money.
However, if both parties have postal giro accounts (or whatever 
they are called in English), this is absolutely free, and
the currency of the cheque doesn't matter at all. Even the postage
is free!

Even if the receiver hasn't got an account, the fee is only
1/5 of what a bank charges. He will then receive a cheque from
a well-reputed bank, like Lloyds in the UK, I believe.

I've always wondered why payment by postal giro isn't more 
popular. Isn't this system available in UK, USA, France etc.?
I know that it is in the Scandinavian countries.

To sum up - 

IF have_account%=TRUE THEN
  PRINT account_number% : REM We all benefit!
ELSE
  IF FNsystem_available THEN 
    PROCget_account
    PRINT account_number%
  ENDIF
ENDIF

(Pascal-, C-, BCPL-enthusiasts etc. will have to mail me to get
an alternate version of the above code :-) 

BTW - I'm sorry, but I won't try to send you any money, because I 
don't even know what arcgsh is! Perhaps that's self-evident to other
people... :-)

   ///////////////////////////////////////////////////////////
  //  Kjetil T. Homme  // "I always read between the lies" //
 //  Norway           // (Goodman Ace)                    //
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