I can't see a big problem with accepting personal cheques. You just don't give out the 
gold until the cheque clears (3 days in UK). There are even ways of clearing cheques 
instantly if you want to pay extra. If you look at it that way, it's a 100% secure 
method of payment. 

I think the problem is more that there are no UK based MMs, therefore most MMs will 
incur international bank charges and mailing delays etc clearing such cheques. 

Credit cards on the other hand are a different issue as they carry a VERY substantial 
fraud risk.

offshoresurfer


----- Original Message ----- 
From: Viking Coder <[EMAIL PROTECTED]>
To: e-gold Discussion <[EMAIL PROTECTED]>
Sent: Tuesday, June 12, 2001 3:37 AM
Subject: [e-gold-list] Re: E-Gold->UK exchange?


> > Dealers do not seem to want to accept GB personal cheques or credit cards
> 
> It is not just GB personal checks or credit cards that MMs don't want.
> Most would prefer to not have anything to do with any personal checks or
> credit cards. Since they run their own business, they can pretty much do
> whatever they prefer.
> 
> www.goldnow.st
> GoldNow accepts credit cards. They charge a 15% fee. The extremely high
> fee is due to the added hassle and risk of fraud.
> 
> 
> > the most convenient payment methods
> 
> Also the most convenient to steal, fake, and/or cancel payment on;
> especially over national borders.
> 
> Is there not a single MM who is based in the UK?
> 
> 
> Viking Coder
> ________________
> Worth Two Cents?
> http://www.2cw.org/VikingCoder
> 
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