> 1. Direct bank transfer doesn't cost ALL that much if done correctly... ie. There are > services that charge a nominal fee of about 10 Eur for ANY amount you transfer. In > that effect, you can wait until a sum is collected and then send it as a whole.
... that highly depends on the originating country. Ask Roy what sort of trouble he had and what fees he was facing when he tried to send money to me. As I am involved in lots of international payment matters (due to my shareware business) I know all the problems there. It is a nightmare. And as soon as it is between countries of which one is not part of the EURO area, correspondence banks happily take various amounts from the sum to be transferred, so sometimes a lot less money arrives than was originally sent. In addition, if you sell three SMSQ/E in a quarter, then 10 EUR out of 30 is A LOT! > 2. Bank accounts (most notably AmEX and Citi accounts) that are open in the US > offer free deposits/withdrawals form any place in the world. This also depends. Citibank: Free withdrawel - yes, but it is not possible to pay into your account once you're outside the country in which your account is located. Also, Citibank is fine for Germany, USA etc. - but have you ever tried to find a Citibank in France? > This effectively means > that a joint account could be set up under Wolfgang's supervision (main holder) in > which all parties could hold a ATM card. This way, they can deposit anywhere in the > world without fees and this be available immediately. I use the same method to get > and send money to my family in Greece through the Commercial bank of Greece and > CitiBank... Sending money between Citibank accounts is a different matter again - it varies from "free" up to a certain percentage, and is dependent on the account type and country. And - I won't go into detail here - the French banking system and law is totally different from that in the US, UK or Germany. Jochen
