Client wants to pay in another currency

[LadyOfTheNight]

Personally I only accept UK pound sterling and state this on AW and my website.  Not saying every client who offers to pay in Euros or whatever is a con artist, just prefer to make life easier for myself.  Plus as someone else says how EASY is it just to go to a cashpoint!! Or exchange the damn money themselves.......

[meetingdiversity]

Has anyone accepted foreign currency? It's the Euro.

I just up the euro a lot for my rate don't forget about the bank charge to change but the post office doesn't.

[Nora batty]

I wouldn't have an issue with accepting euros or USA dollars but not anything else. But it wouldn't be at currency exchange rate it would be higher.  This would be to justify myself going to bank with their shitty exchange rates and having to pay parking and well because I am wasting my time.

I don't need to pop into bank with sterling I can lodge in machines/cash points but only sterling, no other currencies.

[meetingdiversity]

I wouldn't have an issue with accepting euros or USA dollars but not anything else. But it wouldn't be at currency exchange rate it would be higher.  This would be to justify myself going to bank with their shitty exchange rates and having to pay parking and well because I am wasting my time.

I don't need to pop into bank with sterling I can lodge in machines/cash points but only sterling, no other currencies.

Exactly if they want me to mess around and do what they couldn't be bothered. They pay more for the extra service. I'm not doing this for nothing in my free time. I should tour the Republic.

[katrina]

Most money exchanges will do it with no commission. Otherwise the euro is happily accepted in most visited countries.

[ParisB]

Ive took euros but I round it up to 150 euros for my hourly rate which is ?120

[SuperCheese]

Be very careful, there are a lot of fake Euro notes around. Personally, I don't see why they can't nip to the bank before their arrival. If they are genuine, some shops offer a straight exchange rate, such as TK Maxx, but I wouldn't really want to be limited in that way.

[DanielleMidlands]

I'd make them do it personally.

[Aqua Allegoria]

No. I had a few guys in London tell me "oh but it must be easy for you to spend euros". Still no, I just told them I pay my rent and my groceries in pound sterling. And I'm sorry but cash points are everywhere.

[C_____]

It would be a lot easier if people did a lot of things.

You are running a business that is based on convenience. People don't know where the nearest exchange is, they don't have time, they are here on meetings, have limited time where as you have lots of time. Not your problem, but if you are happy to lose work because you won't accept other currencies..  Pretty much anyone in a cash-based business would accept other currencies (that can be exchanged in the UK, not currencies that are hard to exchange), why create a negative barrier with someone that is wanting to give you money and business? You lose money via credit card transaction fees if you offer credit card payments, you get charged inward fees for international transfers from clients. All businesses have these expenses. The bank will exchange it for free or a small fee when you next do your banking.

It's all as valid as a pound. Just round up to the nearest 50 or 100. If you are charging someone 250 for some services and the exchange is 409, make it 450. If it's 470 just say 500.

Fake notes are very easy to spot. They generally aren't spotted as people are rushing and not looking (when they are used commercially). The paper never feels the same, even the really good ones.

Never had a single person argue when I say to round it up to the 50 or 100 (people understand there is currency conversion fees, and you are doing them a favour).

[ladyofthemansion]

If I'm about to go on holiday I will accept them.

[SuperCheese]

If fake notes were easy to spot, shops wouldn't be taking them. Unless an escort is familiar with a currency, I'd seriously advise that none of us ladies accept it. But to the rest of that, are you being serious? He can go to a bank, a currency exchange shop or a post office. It poses the question of why someone would even ask to book an escort with foreign money.

Also, it will cost a lot of us time and money to get it exchanged and buses and petrol stations don't accept the euro.

[VoluptuousCurves]

Pretty much anyone in a cash-based business would accept other currencies

I disagree with this. If I walked into a pub or a corner shop and asked to pay with Euros I'd be told to do one. Maybe a taxi driver who works near an airport, sure, because he's going to be dealing with a lot of foreign visitors and if he accepts other currencies then he has an edge over his competitors. But for most people who accept cash, there's no way they are going to accept other currencies, and neither am I.

[SuperCheese]

I disagree with this. If I walked into a pub or a corner shop and asked to pay with Euros I'd be told to do one. Maybe a taxi driver who works near an airport, sure, because he's going to be dealing with a lot of foreign visitors and if he accepts other currencies then he has an edge over his competitors. But for most people who accept cash, there's no way they are going to accept other currencies, and neither am I.

+1