Paypal automatically converted the currency and when I compared the amount received to the expense/income spreadsheet it seemed that it was all accounted for. If you send it via the 'family/friend' option it usually doesn't charge a transaction fee.. I think you'd only potentially face fees when transferring to a bank account, which is why I recommended we only transfer the funding for BB in Detroit as needed. 

On Tue, Jan 10, 2017 at 12:51 PM, Godwin ! <goodgodwin@hotmail.com> wrote:

+1, since we currently use PayPal on the site it's probably a decent option. I considered ditching PP on the site after the news that came out about Thiel but then realized that he's no longer associated with the company, I've not been able to find any good reasons not to use it.


Heather, do you have any idea if funds were lost when passed from GDL to Detroit? Was there a translation or currency conversion fee?


godwin



From: BikeBikeOrganizing <bikebikeorganizing-bounces@lists.bikecollectives.org> on behalf of Heather Nugen <hnugen@gmail.com>
Sent: January 10, 2017 9:37:06 AM
To: Zachariah Wahid
Cc: deadbettys; Meg Marotte; Bike!Bike! Organizing; Angie Coe

Subject: Re: [Bike!Bike! Organizing] Funds for Bike!Bike! in Winnipeg?
 
Hey Everyone,

When we received the funds from GDL we used paypal. There seem to be a number of reasons to divest from Paypal/not use it, but that probably isn't a conversation to be had in this venue. If you do decide to go with a check or can't use paypal-- I would recommend a cashiers/bankers check and I would mail it certified/first class because it is a large enough sum of money. The issues there are: you have to declare the value and might have to pay taxes on it because of the sum and my other concern would be if they are able to cash it/convert the currency. 

On Tue, Jan 10, 2017 at 12:02 PM, Zachariah Wahid <offsite@thehubofdetroit.org> wrote:
Is there a safe way to send a large check in the mail like that? Are there any other suggestions besides transferring the money through Godwin's accounts?

Zach 

On Mon, Jan 9, 2017 at 11:00 AM, Godwin ! <goodgodwin@hotmail.com> wrote:

Let me know if I can help as well, I have bank accounts in Canada and the US and send money in between regularly. Depending on the cost of a wire transfer it may be cheaper to send it through me instead.


godwin



From: BikeBikeOrganizing <bikebikeorganizing-bounces@lists.bikecollectives.org> on behalf of The Wrench <info@thewrench.ca>
Sent: January 8, 2017 9:14:48 AM
To: bikebikeorganizing@lists.bikecollectives.org
Cc: Heather Nugen; deadbettys; Meg Marotte; Angie Coe
Subject: Re: [Bike!Bike! Organizing] Funds for Bike!Bike! in Winnipeg?
 
Hi Zach, 

Thanks for the reply.  If your bank doesn't do international money transfers, could a simple solution be just to write us a cheque and mail it?  Let me know what's easiest on your end and if we can do anything on ours to facilitate!  

Thanks!
Benita

Benita Kliewer, Executive Director, Programs
The Winnipeg Repair Education 'N' Cycling Hub
1057 Logan Ave., Winnipeg, MB
The Wrench
www.thewrench.ca
The WRENCH will be closed to the public on Thursday, December 8th through Sunday, December 11th as we prepare for the Cycle of Giving and move our entire operation to ...


On Thu, Jan 5, 2017 at 3:35 PM, Zachariah Wahid <offsite@thehubofdetroit.org> wrote:
Hi Benita,

Meg and I have a bunch of money for you but the others have experience with the transfer process. I know our bank has stopped doing international money transfers.

Zach

On Wed, Jan 4, 2017 at 6:23 PM, The Wrench <info@thewrench.ca> wrote:
Hi folks, 

Hope you've all had a chance to recover well from Bike!Bike! and are settling into the usual busyness that is life in community bike shops!

We're slowly getting things organized on our end for next year's B!B!, and are starting to sort some things, including getting leftover funds from you.  I am on the finance committee and have been tasked with figuring out how to do this with you.  I can discuss all of the details in this group email format, or if it makes more sense to figure this out with one or two of you about this, please let me know who you are!  

Thanks!  
Benita


Benita Kliewer, Program Director
The Winnipeg Repair Education 'N' Cycling Hub
1057 Logan Ave., Winnipeg, MB





--
Zachariah Wahid
Offsite Program Manager

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_______________________________________________
BikeBikeOrganizing mailing list
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--
Zachariah Wahid
Offsite Program Manager


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