Overseas Payment Tips for Musicians

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Summary: All performers who travel abroad should note these overseas payment tips. In this free video, learn from a professional performer how to avoid high exchange rate fees and discover a few loopholes that allow musicians to keep more of their hard earned money.

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By Peter Nevland
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Peter Nevland has spent five years performing his mixture of writing and rock 'n' roll, which he calls "Spoken Groove," during his travels to every continent except South America and...read more

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Video Transcript

"Now, if you start traveling overseas a lot. Well, you're going to have to get paid, from an overseas location. And from my experience, the best way to do it, is either to get paid in cash, or to have them wire money directly to your American bank. Now, I live in the United States, right? So, American banks, not too great with the whole transferring thing, but European banks are really great with doing that. So a lot of times what we'll do, is we'll actually go to all these gigs, and rather than having them all transfer the money individually, which means that each of them have to pay a separate charge, we'll get paid in cash, and then at the end of the trip, instead of taking our cash back through the money sucking money exchangers that you have at the airport, and stuff like that. Go to a friend of yours who lives in that other country, and ask if you can use their bank account, to transfer the money back into your bank account, into the United States, so that's what we do. We'll go do that. I found the rates, you probably save an average of usually like a hundred or two hundred dollars, even at the end of trips, and hey man, when that's coming out at the end of the month, that could mean a couple of more extra visits to the grocery store, or even like having some time to go see a movie, or something like that, instead of squeezing and squinching all your little pennies, so that you have enough to pay your rent. Save some money. Use a bank. Transfer the money into your account."

eHow Article: Overseas Payment Tips for Musicians

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