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Old 09-29-2005, 06:03 PM   #1
Larwee

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Default AdSense electronic funds transfer out of beta

This should mean that they have worked out all the bugs and you won't have any problems with electronic funds transfer.

That is quicker than waiting for your check to arrive, but still for various reasons some people prefer to receive a check.

Google hasn't said, but it would be interesting to know what percentage of people who can receive electronic funds transfer elect to do so and also if more people will switch to electronic funds transfer now that it is out of beta. I knew of some people who didn't want to give it a try while it was still in beta.

https://www.google.com/support/adsen...y?answer=25885
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Old 09-29-2005, 06:11 PM   #2
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I think anyone who isn't a US resident preffers electronic fund transfer over check. Not only speed of the chance of loosing it but also the cost to cash the check

Last edited by Pilatus; 09-29-2005 at 06:11 PM.
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Old 09-29-2005, 06:28 PM   #3
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In the past I knew of some situations where some publishers in the United States were getting payments by mail in the same amount of time as they did with electronic funds transfer.

That was a few months ago. I haven't kept up with that issue since then.

Some publishers who earn gigantic amounts might be out of luck with the electronic funds transfer since there is a maximum amount that they will transfer. But my understanding is that the maximum might not be the same for everyone in all parts of the world. But, for most publishers this isn't a concern and Google contacts those publishers when it happens to apply to them.
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Old 09-29-2005, 06:43 PM   #4
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I prefer the cheques and though I live outside the US (Canada) I don't pay any fee for depositing the US cheque and I get them before the end of each month, so I have no complaints. I use electronic transfer with a few other companies (2co, amazon) and so I may switch someday but as long as Google is on time with their cheques I won't be changing.
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Old 09-30-2005, 10:25 AM   #5
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Sadly, they still offer EFT on limited countries.
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Old 09-30-2005, 12:42 PM   #6
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Quote:
I prefer the cheques and though I live outside the US (Canada) I don't pay any fee for depositing the US cheque and I get them before the end of each month, so I have no complaints. I use electronic transfer with a few other companies (2co, amazon) and so I may switch someday but as long as Google is on time with their cheques I won't be changing.
Hehe, means I'm wrong
Why do you preffer the checks tho? EFT would still save you the trip to the bank.
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Old 09-30-2005, 01:03 PM   #7
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My bank is about 40 feet from my apartment, so distance isnt much of an issue. I would have to go to the bank anyways when the money came in so that I could transfer it to some other accounts, plus I like having the physical cheque stubs, helps me keep my records organized. Also, its always amusing when new tellers see the cheque and say "you work for google!?". Generally I don't have time to explain the entire affiliate concept so I just nod my head and giggle. lol
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Old 10-01-2005, 02:07 PM   #8
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I'm in the Netherlands and I'm loving EFT. Not only does it save me a trip to the bank,
but it also saves me transfer costs (up to 15 euros) and it's way faster.

Especially since I sometimes run the unlucky chance of having my bank process cheques
through the "incasso" process, where they try to get the money from the US bank
before depositing it in my account -- something that can take up to 2 months (ouch).

(When I get lucky they process it as "OGV" which means they'll trust the cheque is
legit and deposit it the money on my account right away and do the processing afterwards).


Anyway... I wish Burst!Media would support EFT for members from the Netherlands...
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Old 10-01-2005, 05:10 PM   #9
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There have been a few threads on geekvillage about banks and how they process cheques and I always find it amazing how many countries either charge large fees or take weeks/months to process chequess from the US. Ive never heard of anything like this in Canada and was wondering if the people from outside the US have problems because its a US cheque(would a cheque from a different country take the same time/cost?) or is it specific to just certain banks in certain countries?
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Old 10-01-2005, 05:13 PM   #10
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I live in Belgium and just found a bank (Fortis) where you have to pay no fee for checks under 50$. I don't know what they charge for the 100$ google checks, however, as I use EFT for those.
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Old 10-01-2005, 07:26 PM   #11
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Bondings, do you need to have a bank account with fortis to cash the check?

I cashed one with KBC and they charged somehere between 15-20€ if I remeber well. Was a 120$ check I think.
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Old 10-02-2005, 05:30 AM   #12
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Yeah, you need to have a normal account (the one without interest) with them. The account is completely free for students (18-25). I already used it for a 15$ HDM check. But I don't know how much they charge for bigger amounts.
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Old 10-02-2005, 11:30 AM   #13
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Thanks for the info bondings
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