Didn't think it would be illegal ... this seems to confirm it http://www.theage.com.au/articles/2003/08/04/1059849319788.html
cheers mark ----- Original Message ----- From: "Steve Onnis" <[EMAIL PROTECTED]> To: "CFAussie Mailing List" <[EMAIL PROTECTED]> Sent: Sunday, August 03, 2003 10:45 PM Subject: [cfaussie] RE: OS Banking and gateways > 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 > > > --- > 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] .au > > 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/
