Auction Information

How to Sell on eBay Internationally without Risk


eBay allows you the opportunity to sell all over the world. It is exciting to communicate with a customer from England, Australia or Japan via email. It is almost as if you are speaking in person. It also opens a huge market! Many US sellers do not sell internationally so you can receive higher bids and more interest in your product; but you need to follow the guidelines I will explain below to ensure your payment.

There are only two methods of payment, which will ensure absolute zero risk regarding sending product overseas:

1. The first is wire transfer directly to your bank.

You can contact your local bank and they will walk you through a wire transfer transaction. It is very similar to the process of having a payroll check deposited in your account. As soon as a payment is deposited electronically into your account it can never be touched by any source other than by you, the account owner. Once the bank notifies you that payment is wired or transferred into your account, you can ship the product.

2. The second is http://www.auctionpayments.com/, which is a division of Western Union. This was originally called BidPay.com and the name has been changed to Western Union (R) Auction Payments.

Payment for this method is completely processed via email. You will then receive a physical check from Western Union. This usually takes three to four days after your email confirmation. Very Important! Do not ship the product when you receive the email confirmation. Wait until you physically receive the check from Western Union.

I do not accept cashier's checks, even from US customers. There is a common misconception that they are as good as cash. They are not! There have been cases where blank stolen cashier's checks, or even bank checks have been forged.

I also do not accept credit card payments from overseas buyers. They offer no protection from fraud as they do in the US. Even if it states Master Card or Visa, they are not governed by the same rules and laws of the United States.

Shipping product internationally is more work, but the rewards can outweigh the time involved. Unlike shipping products within the US, the first major difference is the "customs form". These forms are free and supplied by the shipping carrier you chose, whether it is the US Postal Service, Fed Ex, UPS, Etc. You will need to state the weight, the item and it's value, the destination, etc.

Important lesson - I learned this the hard way! I have a FED EX account, which allows me to print a label and send an item from my computer without having to go to a shipping company. I receive a discounted rate on my shipping as opposed to taking it to a Mailboxes, etc. or a shipping house. I shipped a computer using my account. I didn't realize I would be charged duty taxes on the item, which was an additional $150.00. Ouch!

Now when shipping internationally I use only the United States Postal Service, and the complete shipping amount is paid to USPS upon delivery. Country duty taxes will be collected from the buyer, not you.

Shipping internationally can be rewarding and interesting! Make sure you only take payment in the methods described above, be aware of the shipping procedures, and send via USPS.com.

Tim Gilberg is able to provide information and insight from a unique perspective - that of someone who is actually doing what others just talk about. Ebay Power Seller Platinum Status was Attained by Tim Gilberg, which is one of the highest sales levels attained selling on eBay. Tim is active on Ebay and liquidation.com as well as consulting and working with other Top ebay Power Seller's to give you real life in use insight, not theories.Visit Tim Gilberg at his website Make Money on eBay


MORE RESOURCES:

A first for auctions in India: Gemstones go under hammer
Press Trust of India, India - 5 hours ago
New Delhi, Oct 13 (PTI) After paintings, sculptures and installations it is now the turn of gemstone sculptures to go the auction way. ...


Reverse auctions cheap way to buy the basics
Stuff.co.nz, New Zealand - 14 hours ago
David Sheppard, who advises New Zealand Trade and Enterprise's Industry Capability Network, says reverse auctions are now being used extensively by public ...


Mexico auctions off more foreign reserves for peso
The Associated Press - Oct 10, 2008
MEXICO CITY (AP) — Mexico's central bank has auctioned off another US$3 billion in foreign reserves, its third auction of the day in an increasingly ...


Treasury Auctions Set for This Week
New York Times, United States - 13 hours ago
The Treasury’s schedule of financing this week included the regular weekly auction Thursday of new three- and six-month bills and an auction of four-week ...


Maktoob

Global central banks set regular dollar auctions: Fed
MarketWatch - Oct 7, 2008
By Greg Robb WASHINGTON (MarketWatch) -- Global central banks have set a schedule for dollar liquidity auctions that will take place every two weeks through ...
Fed to double cash auctions to banks, up to $900 billion International Herald Tribune
Fed to boost auctions, pay interest on reserves Reuters
Crescenzi: Good News from the Fed's Auctions CNBC
24/7 Wall St. - RTT News
all 320 news articles


Livestock auctions: Buyers choose locally grown meat at the fair
Belleville News Democrat,  USA - 1 hour ago
The senior at Clovis East High School has been raising hogs for The Big Fresno Fair's junior livestock auctions. After learning about clipping teeth, ...


Private Equity Auctions Shelved Amid Credit Crunch
New York Times Blogs, NY - 2 hours ago
As credit markets remain all but frozen, UK buyout shops have themselves forced to postpone planned auctions for their portfolio companies, including the ...


United Press International

Fed Says ECB, Others to Offer Unlimited Dollar Funds in Auction
Bloomberg - 7 hours ago
The ECB, the Bank of England and the Swiss central bank will conduct dollar auctions at maturities of seven days, 28- days and 84-days at a fixed interest ...
SNB expands dollar offerings in joint c'bank move Hemscott
UPDATE: ECB: Raises Dollar Amounts For 4Q Dollar Auctions FXstreet.com The Foreign Exchange Market
SNB: Central Banks Move To Further Increase Dollar Liquidity CNNMoney.com
Reuters - Fxtraders.eu
all 650 news articles


The Black Keys give EJ Thomas Hall the Blues (rock)
Akron Beacon Journal, OH - 8 hours ago
Silent and live auctions. For reservations, call 330-535-2601, Ext. 307. ClubCorp Charity Classic Golf outing will be held at Firestone Country Club's South ...
Akron audience invited to take part in forum Akron Beacon Journal
all 2 news articles


Antiques and Arts Weekly

Slezik Auctions Monday, October 13 1PM Auction house at 50 ...
Antiques and Arts Weekly, CT - 9 hours ago
Antiques & Collectibles Auction Featuring A Significant Mineral Collection Columbus Day (2 miles south of Sterling Center, near Maki Lumber (just off Exits ...

Auctions - Google News

home | site map
© 2006