-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 02/07/2011 01:27 PM, drew wrote:
> A requirement to have to have a US bank account in order to receive funds is > not the same thing as saying the money must be dispersed in the US only, is > it? No. A couple of things to do, before setting up the business account: * Make sure that you really want to have a business presence in the state that the bank that handles the account is located in. * Decide what currency you want the account to be denominated in. (I don't know how that affects Amazon Processing.) ( I don't know how FDIC works for non US-Dollar denominated accounts.) * Verify that the bank is financially sound. (The Federal Reserve Bank is on track to close more financial institutions this year, than in the previous two years, combined.) ### If the target is 100.000 €, then it should be a minimum of US$250,000. (This is to cover currency exchange fees, and the decline in the value of the US Dollar.) Disclaimer: I am not a lawyer. I am not an accountant. jonathon -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.10 (GNU/Linux) Comment: Using GnuPG with Mozilla - http://enigmail.mozdev.org/ iQEbBAEBAgAGBQJNUDd6AAoJEERA7YuLpVrVSWkH+LQz0jPNQzYFhSyXNwrKXWHM 0IR1bvAt7Q8nn29O8fzV5syT/bwPqrR8HhWn3ReMvqLgVHyT3KvTL5VTo/U03hvy z5Qnlor5iq5lVBJCIyMtbMBSBUdFNGrUcNRdORz8d9E/HP473lYogy7iQCLG7VD/ NMcDLgQrbGWZWKTPSRVuwk3zs3d56JsUWriEvawSrXvd9EOzGeBJfU8/4VlYtMv4 /WPEc/2y9vatiRfQdvNJ3vwgSkJAKRiYJ26FcXFvjdwKsE5UVva2cSr/KoHEY8EG ZKkpTbW1+Qu08oh/RFa6GgNHCvfkH8pDLkE988VaL1RigWclFs03yDfFthU0BQ== =69RV -----END PGP SIGNATURE----- -- Unsubscribe instructions: E-mail to [email protected] Archive: http://listarchives.documentfoundation.org/www/discuss/ *** All posts to this list are publicly archived for eternity ***
