You smarter guys on here I need to borrow your collective brain power. The company that is arranging travel for me in the Ukraine converts the money that I will soon owe them via my credit card to British Sterling. What I don’t understand is why they would do that.
Someone posted on here awhile back this info:
I will give you my contact who runs the travel business . She has been good to me and i met her in person. Kate Krat of ARKTUR LTD I have used her three times.
E-MAIL kkrat@arktur.ua
she speaks excellent english and is cute and is 24 and single!!
phone from america is 011 380 044 490 7137 office
cell 011 380 394 915 077 she is all business
This is the business that I am using.
- Apartment on Khreschatik Street in Kiev 13-18/05/2005 - $90 x 5 nights
- Accommodation in a renovated twin room with breakfast at CHERNOYE MORE hotel in Odessa for the period 18-24/05/2005 - $82 x 6 nights
- Two round trip air tickets Kiev-Odessa-Kiev on 18/05 and 24/05 accordingly - $60 x 2 people x 2nights
- Arrival transfer in Kiev on 13/05/2005 - $36
AMOUNT DUE: $1218
Checking out the exchange rate yields the following: 1218 dollars to 662.521 British Pound.
How is this, a good idea or am I just really missing something here?
1. ASLA LTD, collects all transactions on credit card in UK Sterling. US Dollar transactions will be converted into UK Sterling at the rate of exchange of the date of the credit card transaction.
2. A credit card surcharge will be added to the invoice amount as follows:
1.94% for Visa/Mastercard charges.
3.35% for American Express charges
dunno what precisely you're on about, but what I know is this: any licencee accepting Visa is bound to their conditions, one of them is THEY pay the applicable commission (negotiable for them, not you), or in other words they will not get 100%, and also they will not charge the paying party a surcharge because they pay per card, i.e. you pay the same amount if paying by another means (in a shop for instance). Of course, the effect is that prices are inflated by the average percentage lost to card-payers, but consider that normal - and also a very small percentage.
Now you're telling us YOU have to pay up to 194% ergo almost double ???
Can't be, report them to Visa.
I also do not know what you are on about ice.
The US$ ammount converts today to = 647.879pounds sterling. so your figure is not far away from that. ALSA is a british company so yes they would use there local currency.
Not everyone uses US$$. America is not the only country in the world !!!
Thunderdom is right, they are not allowed to state that they add surcharge because of the visa/master card fees:)
but should have added this to the price and did not tell you about visa/master card. actually 1.94% is a good rate.
if you did negotiate 1.94% card-commission I genuinely need to talk to you. Huge retail-chains here cannot manage that, I think the best sit at 2.25%. Then again, if you turn over more I'll apply for the job of chauffeuring you in your Hummer around ;-)
I can say that everyone that all travel arrangements have been finalized and that I am getting ready to leave in May for two weeks. I wouldn’t have posted this thread if I had done my homework finding out that the company in question is located in England. Once I knew that tidbit then I realized why they would switch money from me into Sterling. It has been a bit of a pain having to fax material to them instead of just using secured credit card online, but I guess that they are a few years behind us in the US in using the Internet.
Ice
Invitation letters have to come to you or your travel Company via fax or original hard copies posted to you. Internet does not qualify for such documents as to proof of their valid origin, need letter head, organization authority stamp etc .
That ALSA is a good organization. They supported me (via email) when I arrived Moscow and had some minor problems registering my invitation. The lady in ALSA was excellent and didn’t get sick of my back and forward requests.