FTB - Need help with payment transfer

[kuri_2k]

Hi There,

I'm from Australia and I'm new to this forum, looking to purchase my first Rep.

I've reached out to HONTWATCH on stock availability, pricing and payment options.

He has stated a USD 308 price which I am happy with but has also advised its 2424 HKD and would require wise or western union.

USD rate works out cheaper than HKD conversion for me, but I'm unsure how to do this? Could anyone experience advise how I should be paying him?

I've never used any of these services so I'm not familiar with what the process is.

<img src="https://images.clickpix.org/Ks9Lw4.jpeg" alt="Ks9Lw4.jpeg" border="0">
<img src="https://images.clickpix.org/Ks9ecI.jpeg" alt="Ks9ecI.jpeg" border="0"
>

 

[kuri_2k]

Any help would be much appreciated, thank you.

 

[Jossé]

Not sure if I understand what you're asking?
If you are wondering how to use Wise, read this: https://wise.com/help/articles/2977959/how-do-i-send-money-with-wise

 

[kuri_2k]

Not sure if I understand what you're asking?
If you are wondering how to use Wise, read this: https://wise.com/help/articles/2977959/how-do-i-send-money-with-wise

Thanks for the response and the Wise link, that's very helpful for me.

My confusion is about how to transfer him money as he stated a USD price and a HKD price, which are not same amount when converting to AUD.

When using Wise to transfer, should I select the amount he should get in USD or HKD?

Thank you.

 

[Jossé]

No problem.
I understand. 308 USD = approximately 2424 HKD (depends on the conversion rates)
I guess he wants you to pay in HKD, but you should ask him to make sure.

 

[kuri_2k]

No problem.
I understand. 308 USD = approximately 2424 HKD (depends on the conversion rates)
I guess he wants you to pay in HKD, but you should ask him to make sure.

Yeh, found it strange, so I was wondering if anyone else had the same experience with HONTWATCH.

Thanks for the advice Jossé, I'll go back to him and ask.

 

[Luxfer]

You can try ask him if he accept revolut maybe, if he does you can made a revolut account for free and exchange the money directly on app without paying fee or exchange tax. (I’ve do that to buy my first rep)

 

[Rx4Time]

Either that or just clarify if he's looking for the dollar amount in Hong Kong dollar, which means your price will vary slightly depending on trans exchange rates. Most likely that is all he's looking for

 

[Luxfer]

Either that or just clarify if he's looking for the dollar amount in Hong Kong dollar, which means your price will vary slightly depending on trans exchange rates. Most likely that is all he's looking for

I think it depends on wich TD you using, on my purchase he told me to convert the amount in € to HKD without asking how much HKD he wanted, just wanted me the amount € to HKD and I think is the correct way. Because we are looking price in €/$ but if they wanted HKD we are not the ones who have to pay for the exchange rate

 

[eBoy]

Hi There,

I'm from Australia and I'm new to this forum, looking to purchase my first Rep.

I've reached out to HONTWATCH on stock availability, pricing and payment options.

He has stated a USD 308 price which I am happy with but has also advised its 2424 HKD and would require wise or western union.

USD rate works out cheaper than HKD conversion for me, but I'm unsure how to do this? Could anyone experience advise how I should be paying him?

I've never used any of these services so I'm not familiar with what the process is.

<img src="https://images.clickpix.org/Ks9Lw4.jpeg" alt="Ks9Lw4.jpeg" border="0">
<img src="https://images.clickpix.org/Ks9ecI.jpeg" alt="Ks9ecI.jpeg" border="0"
>

Hello and WELCOME from the official RWI reception desk!

You are receiving this introduction because you either posted in the "new members say hi" section or —for the first time(s)— elsewhere. In the latter case, consider introducing yourself in the aforementioned section.

If you haven't already, please make sure to read all relevant sticky threads. They contain important and essential information such as the forum rules! Most importantly the sales rules, because you will NOT yet be eligible / allowed to sell unless you meet certain criteria / are certified first.

A good starting point is this list of resources on RWI:

New Members - WELCOME! Must reads and interesting info, START HERE!

Welcome to RWI! :) Here are some links with interesting information and must-reads, that helped me a lot in the beginning. Hope it will do the same for you! Start reading, there is a lot of interesting information available. Forum Terms & Abbreviations, what do they mean: this will make...

forum.replica-watch.info

Please also take another look at this important sticky that you should already have seen after logging on for the first time:

You are welcome

If you've just joined and are reading this, welcome to RWI. If you are having issues with posting and sending PMs please log out and in again. If still no joy, log out, clear cache and RWI cookies and log in again, this will fix the issue. If you stop here, or read just the next few lines...

forum.replica-watch.info

This quick anti-fraud guide is essential if you are about to order from a dealer for the first time:

THE QUICK RWI ANTI-FRAUD GUIDE FOR PEOPLE WHO DON'T LIKE TO READ

THE QUICK RWI ANTI-FRAUD GUIDE FOR PEOPLE WHO DON'T LIKE TO READ, BUT WANT TO BUY A REPLICA: Intro: This guide is supposed to serve as a fast reference sheet for newbies to get a quick scam prevention overview over the most important things to consider before buying a rep. Remember: You need...

forum.replica-watch.info

If you need any further assistance, feel free to contact me or @Feefo!

We will gladly help, but please allow some time for PM responses as we have lifes outside of RWI!

 

[kuri_2k]

You can try ask him if he accept revolut maybe, if he does you can made a revolut account for free and exchange the money directly on app without paying fee or exchange tax. (I’ve do that to buy my first rep)

I just checked again, he does actually, I'll check Revolut out. Thanks for the tip.

 

[kuri_2k]

Either that or just clarify if he's looking for the dollar amount in Hong Kong dollar, which means your price will vary slightly depending on trans exchange rates. Most likely that is all he's looking for

I've messaged him yesterday to clarify, waiting for a reply. It's weekend so I'm not expecting a response until sometime in the week. He did also mention to call him as his a bit busy right now and might not be able to get to all messages.

 

[Pinion Minion]

To reinforce what @Rx4Time said- he wants to be sure the price quoted is the net amount to him- he wants you to assume any transfer or exchange fees.

That is standard practice for the TDs in my experience. Wise is great- it is a bit arduous to get set up- but once you do it is a great way to get money to our TD friends.

 

[Luxfer]

I just checked again, he does actually, I'll check Revolut out. Thanks for the tip.

Your welcome

 

[kuri_2k]

Just to update on this, I've confirmed with Hontwatch that if using either Revolut or Wise he wants me to transfer in HKD not USD. USD price and transfer was only for the use of other transfer services.

At the moment Wise is looking cheaper than Rovolute to transfer him 2424 HKD from Aus. Will create accounts with both to see if there are any other hidden fees to consider.

 

[Rx4Time]

Wise typically has the best exchange rates in my experience