December 27, 2008 at 12:25 am
#791012
Inactive
OH – if you just want to receive EUROS then of course all you have to do is open a foreign currency account – and it will all get converted when paid in no matter what the original currency was …. at bank exchange rates of course.
We’ve done that for a long period of time with our local bank account – however it does attract more fees (banks love fees don’t they?) – and we’ve projected that the foreign currency account approach outlined above will save us between 2%-3% of total revenue this year (before additional gains on currency movement).