As I export control cable and housing (bicycle brake cable) to the
animatronics industry, I am always exploring ways to receive money.

Bank of America charges me $10 for incoming wire transfers.  I do not
know (and have never asked) what the sender is charged.  Another local
bank I use charged me $30.  It is a quick and easy way to receive
money.

My worst case was from the U.K.  A well-known company sent a check
drawn on a U.K. bank, sent by surface mail!  I then had to put it in
my bank for 'collection', with a fee charged.  It took over four months
to get my money.  Now I specify how I want to get paid.

The most efficient way was suggested by a supplier in Canada.  He
had an account with Bank of America just for such purposes.  At his
suggestion I went to my local branch and deposited money direct to his
account.  From the time he e-mailed me his account number till he
verified the deposit was less than an hour.  Shop for a bank with
foreign branches.

Is there a web-site for comparing banking services?  I see a great
business opportunity for such a site.  My limited knowledge has been
greatly enhanced by introducing myself to the local banker, and sending
flowers to tellers who have suggested things.  I would love to compare
banks on-line.

John Spradley
Sylmar, California