BJ>This is a question for those of you who send IRC coupons to international
BJ>broadcasters. What is the rate at which they are redeemed when you turn
BJ>them in for postage? I make reference to the U.S. Postal Service's
BJ>redemption rate. One postal clerk said they are purchased for $.90 and
BJ>then redeemed for postage at the rate of $.50 each. I went to anothr post
BJ>office branch and the clerk said they are worth $.60 postage. It seems
BJ>kind of strange that there are two different rates here. Nevertheless,
BJ>that's what happened to me when sending out a letter to a couple of
BJ>shortwave broadcasters. Happy Monitoring...Brian.
It's seems like centuries since the last time I've messed with 'em but
the explanation that I got, eons ago, is that an IRC is worth basically
an internationally agreed-upon first class airmail postage rate for the
first half-ounce regardless of what country you send them to. Different
countries have different monetary exchange rates, and as in cases like
Mexico, the exchange rates change daily...and so it makes no cents to
give a dollar equivalent on redemption (so to speak). An IRC is just
supposed to represent first class postage on the first half-ounce,
whatever that may be where ever you send the thing. That's it.
* SLMR 2.1a * Stamp Out Metered Mail!!!!!
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