ACQNET: RE - Foreign currency conversion

From: Eleanor Cook <cookei_at_appstate.edu> Date: Mon, 31 May 2004 11:10:40 -0400 To: ACQNET <acqnet-l_at_listproc.appstate.edu>

Date: Mon, 17 May 2004 10:09:06 -0400
From: Antje Mays (Winthrop U.) <maysa_at_winthrop.edu>
Subject: RE - Foreign currency conversion

Hello Fellow-Acq-ers,   when purchasing from overseas vendors, our first 
choice is billing in US$. 
If the vendor only offers billing in their home currency, we e-mail with 
them beforehand stating that we will
use the conversion rate on the day that we're processing the invoice, we 
note the exchange rate on the invoice
and the source of the information.  Although PayPal and procurement card 
is an option for us, using them for
other-currency purchases has never arisen for us.

For the day's rates, we use mostly Oanda and XE from our currency 
conversion tools on our Acquisitions
page at http://faculty.winthrop.edu/maysa/AcqTools/AcqDept_Currency.html
    Best,
        antje

==============================
Antje Mays
Head, Monograph & A-V Acquisitions
Ida Jane Dacus Library
Winthrop University
Rock Hill, South Carolina 29733, U.S.A.
phone:  001-803-323-2274
fax:      001-803-323-2215
email:  maysa_at_winthrop.edu <mailto:maysa_at_winthrop.edu>
http://faculty.winthrop.edu/maysa 

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