Brad
Thank you for your investigation into this matter and your concise descriptive to this post. I am sure that this will clarify a number of concerns that fellow domainers may have regarding multi currency deals. It is a great shame that I did not receive such a response to my initial enquiry into the matter.
All that said, unless I am missing something the response is completely irrelevant to my situation. I cannot understand how Euros come into the equation at all regarding my recent sale. As per my post:
- I have a sedo.co.uk account
- I listed a domain in GBP
- The buyer paid in GBP
- The statement received before the domain transfer was in GBP
- My BANK account is a UK GBP account
- In fact I am a UK resident and a UK national
- Nothing has changed at all relating to my account since my previous domain sale which was paid in GBP, and a much larger escrow deal last year which was also paid in GBP
I am sorry but this does not relate to the example that you have given. The only European association is that I have an address in Spain which is listed on the account.
In effect you have received £1000 from a buyer, taken £100 in commission, converted the funds into Euros and tried to pay them into a UK Sterling account which has not only caused a deficiency but also incurred a bank charge for doing so.
Please also take note that since my email to the Sedo account manager in question asking for details of a senior level manager to whom a formal complaint can be made, and the contact information of whichever escrow regulatory body Sedo is governed by, I have received no further correspondence.
I would sincerely suggest that before this thread and the ones posted throughout other domain forums continue to develop that a resolution is proposed. Principle is an important thing to me and I do not feel that I have been treated in a fair manner.
Again I look forward to hearing from you. Please feel free to post, pm or email through my account.
Regards
Mark