DigitalOcean: Introducing Our London Region
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DigitalOcean: Introducing Our London Region
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Re: DigitalOcean: Introducing Our London Region
#2Softlayer also introduced a London region a few hours ago.
http://blog.softlayer.com/2014/london-just-got-cloudier%E2%8...
Re: DigitalOcean: Introducing Our London Region
#3One thing I wish were available with many of these US-based services is billing in GBP.
Re: DigitalOcean: Introducing Our London Region
#4One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor.
Is there a conversion charge that your credit card company levies on you for paying in US$?
Re: DigitalOcean: Introducing Our London Region
#5One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor. Is there a conversion charge that your credit card company levies on you for paying in US$?
AFAIK, every bank (including for instance Paypal) charges a fee for conversion.
At least, it's the case with my French and my Dutch bank.
That's one of the great benefit of the Euro when shopping in the EU (well, except for our British friends :) )
Edit: corrected a typo
Re: DigitalOcean: Introducing Our London Region
#6One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor. Is there a conversion charge that your credit card company levies on you for paying in US$?
Regardless of the company, there is always a conversion charge around 2% and the rate applied is never the actual rate, banks usually calculate a rate using some kind of moving average.
Re: DigitalOcean: Introducing Our London Region
#7One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor. Is there a conversion charge that your credit card company levies on you for paying in US$?
My bank will charge £1.50 plus a variable commission for paying in anything but GBP.
Re: DigitalOcean: Introducing Our London Region
#8One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor. Is there a conversion charge that your credit card company levies on you for paying in US$?
I'm not sure how the dollar price would be in my favour, if you've not specified what the GBP price would be? Sure, once you've set the price it could go either way.
Anyway, as others have said, there are charges and spreads on foreign currency banking. It also adds complications to my otherwise very simple accounting needs.
Re: DigitalOcean: Introducing Our London Region
#9One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor. Is there a conversion charge that your credit card company levies on you for paying in US$?
Its not in our favour unless our exchange rate appreciates every month more than our fees. And yes we get charged just like you would if I charged euros to your card.
Re: DigitalOcean: Introducing Our London Region
#10One thing I wish were available with many of these US-based services is billing in GBP.
At the moment all of our billing across all of our geographies is done in US dollars, which given the exchange rate of the UK and EU is usually within your favor. Is there a conversion charge that your credit card company levies on you for paying in US$?
I'm not speaking for Marco, but another issue with dollars is tax accounts (and especially VAT accounts) for British companies have to be in pounds, so there's overhead in doing the conversions, tracking the exchange losses/gains, etc. We also have to reverse charge the VAT on those transactions as well (though I'd be surprised if the majority of business owners know they have to do that).
About 90% of my company's expenses are in dollars, so I've had to become proficient at dealing with it, but I imagine it's more annoying for companies who only make the occasional USD transaction, especially as they may have smalltime accountants unfamiliar with or unwilling to deal with the exchange rate stuff properly.