Ga naar inhoud
  • 0

If a UK company invoices a NL company - who pays for the currency conversion?

Aanbevolen berichten

3 antwoorden op deze vraag

  • 0
Moderator+     7,4k 25 1345

That depends on what you aggreed on between supplier and customer.

 

For International bankpayments, the standard condition is split cost. Each bank will charge their customer for the transaction fees. Only if you change the conditions either all costs will be charged to you or to the counterpart.

So you can say If nothing was agreed and a standard banktranfer was used then each pay there own costs.

 

Standard terms used by banks are

SHA for shared cost

OUR for our cost (paying party pays all fees)

BEN for all cost payed by BENificiary

 

UK is currently still part of SEPA (Single European Payment Area) which means that banktranfers under sepa conditions are based on normal national rates for the transfer when using SHA and is the cheapest options for both parties.
 

 

Link naar reactie
  • 0
Moderator     7,7k 148

There should not be any fee's that are larger than for a normal domestic transaction, but you must make the transfer in EUR. 

 

You can have a EUR account with your UK bank and have the money transferred to that. If you only have a GBP account, but the transaction is made in EUR, you will not pay any transfer fees but will lose some on the currency conversion. This varies a bit between banks, but it could be something like 1 or 2 percent below mid-market rates. 

Link naar reactie
Gast
Dit topic is nu gesloten voor nieuwe reacties.
Verberg sidebar
  • Wie is er online?
    7 leden, 237 Gasten

  • Breng jouw businessplan naar een higher level!

    Op dit forum worden alle onderwerpen m.b.t. ondernemerschap besproken.

    • Stel jouw ondernemersvragen
    • Antwoorden/oplossingen van collega ondernemers
    • > 75.000 geregistreerde leden
    • > 100.000 bezoekers per maand
    • 24/7 bereikbaar / binnen < 6 uur antwoord
    •  Altijd gratis

  • Ook interessant:

×
×
  • Nieuwe aanmaken...

Cookies op HigherLevel.nl

We hebben cookies geplaatst op je toestel om deze website voor jou beter te kunnen maken. Je kunt de cookie instellingen aanpassen, anders gaan we er van uit dat het goed is om verder te gaan.