Sedo = High fee

[70ym]

I want to place a bid on a domain today, but when I see that *Please note that a 3% express payment fee occurs for amounts over 500 USD/EUR/GBP when using Credit Card, Paypal or Alipay.

I give up because plus this 3% it is over my budget.

Sedo charges a fee of 15% for auction and it still require buyer pay 3% more, what a high fee.

 

[Sutruk]

Same processing fees applies at Escrow.com when paying by credit card or paypal. That 3% is what the credit card processor charges them for processing the payment.

 

[70ym]

Same processing fees applies at Escrow.com when paying by credit card or paypal.

There is no processing fees for dan.com.

 

[Sutruk]

There is no processing fees for dan.com.

Good for dan.com. They will absorb that 3% fee from their 9% purchasing fee.

 

[manpreet]

In general, when a company is already charging the Seller heavily, around 15%, I think they should not charge the Buyer at all, to encourage more sales at their platform.

 

[Jurgen Wolf]

You may send wire to Sedo...
In this case no any additional fee.

 

[70ym]

You may send wire to Sedo...
In this case no any additional fee.

wire also has additional fee charged by both bank

 

[Jurgen Wolf]

Wire fee is usually charged by the Sender's bank only...
Ask your bank about your fee... with many banks it is within $15-20 for wire.

 

[70ym]

Wire fee is usually charged by the Sender's bank only...
Ask your bank about your fee... with many banks it is within $15-20 for wire.

I have send wire to namebright, their bank charge $15 when receive, and sender's bank charge $15-$20.
for domain around $1000 it is about 3%

 

[Jurgen Wolf]

Strangely...

I remember my incoming wires from Bodis in the past - and my bank didn't charge anything.

When I receive wires from Sedo - I lose 15 EUR only (fee of their Commerzbank).

 

[Jurgen Wolf]

@Sedo
Does your Commerzbank charge any fee for the incoming international wires (SWIFT)
OR it will be applied "as is" (as it was sent)?