They are probably investment accounts for punters who want to bet on the USD. They are not business accounts, so cannot be linked to a merchant facility.
Regards: Ayudh +--------------------------------------------------------------+ | Put money in your bank while you're on the road. | | Secure credit card payment by SMS messaging. | | VeriPay mPOS from Xilo Online: http://www.xilo.com/mpos | +--------------------------------------------------------------+ ----- Original Message ----- From: "Andrew Muller" <[EMAIL PROTECTED]> Newsgroups: cfaussie To: "CFAussie Mailing List" <[EMAIL PROTECTED]> Sent: Monday, August 04, 2003 05:58 Subject: [cfaussie] Re: OS Banking and gateways > I don't know how they do it but I'm pretty sure that both Citibank & > HSBC offer or offered USD banking accounts... > > Andrew > > Steve Onnis wrote: > > Eugene > > > > Its actually against the law to trade in Australia in US dollars. What you > > need to do if you want to do that is get an OS ecom gateway. WorldPay do > > it, but my experience is that is crap, not very user friendly. They dont > > even provide a COM object or a way to transact server side with the gateway. > > > > BAsically what they do is this, and my guess it will be the process you will > > need to take to do it. > > > > You have your ecom site hooked up to a US gateway. > > The US gateway does the transaction and puts it into a holding bank account > > of theirs, and then periodicaly the funds are transfered as AUD into your > > nominated australian bank account. > > > > steve > > > > -----Original Message----- > > From: [EMAIL PROTECTED] > > [mailto:[EMAIL PROTECTED] Behalf Of Eugene > > Gorman > > Sent: Sunday, 3 August 2003 8:39 PM > > To: CFAussie Mailing List > > Subject: [cfaussie] OS Banking and gateways > > > > > > I need some advise on setting up a site for a client. They want to use US > > Dollars, so they need an overseas bank that will process US$ and a payment > > gateway to support it. > > > > Any help would be greatly appreciated. > > > > Cheers > > Eugene Gorman > > http://www.velvetsystems.com > > 07 3369 6003 > > > -- > Andrew Muller > Senior Macromedia Certified Instructor - ColdFusion, Flash > Certified Advanced Macromedia ColdFusion Developer - CF5, CFMX > Certified Macromedia Flash Developer - FL5, FMX > > Daemon Internet Consultants > [EMAIL PROTECTED] > Macromedia Certified Training > http://www.daemon.com.au/go/training > T: 61 2 9380 4162 > F: 61 2 9380 4204 > 17 Roslyn Gardens > Elizabeth Bay NSW 2011 AUSTRALIA > > Daemon: Serious Web Development > > FarCry, the open source CMS for ColdFusion MX > http://farcry.daemon.com.au/ > > > --- > You are currently subscribed to cfaussie as: [EMAIL PROTECTED] > To unsubscribe send a blank email to [EMAIL PROTECTED] > > MX Downunder AsiaPac DevCon - http://mxdu.com/ --- You are currently subscribed to cfaussie as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] MX Downunder AsiaPac DevCon - http://mxdu.com/
