Diary of a Demented Store Owner

Thursday, 14 October 2010

Got an email from our OOCSGS yesterday. They have just announced the reduction of their U.S. dollar surcharge from 4.9% to 2.9%.
But our dollar is almost at par (.9952 as I write this)!
We've been critical and suspect of the rationale behind this 'surcharge' but as it has been in place for a well over a year and adjusted almost weekly, we are excited by the prospect of being in a rebate position soon.
Using previous surcharges as a guide, if there was a 4.9% surcharge when the dollar was at .986 we should be looking forward to a rebate of almost 5% if the dollar hits a $1.02.
Or better yet, 3% if we hit $1.01!
Yippee! Can't wait.


Anonymous said...

Figgenator, I hope you aren't holding your breath on this one.

Anonymous said...

rebate? Rebate? REBATE?
Rebate this=I wouldn't be suprized if this joker packs up and runs if the $ gets too strong. Where are the old K owners now?