On 02/12/11 16:45, Steve Doerr wrote:
On 02/12/2011 16:26, Tom Hughes wrote:
On 02/12/11 16:13, Andreas Labres wrote:
What is interesting for all of us living in European counties:
Can donations be made via SEPA money transfer to the bank account of
the foundation?
I may be wrong but I think the foundation only has a UK sterling
account which means that the technical answer may be yes, in that the
UK is part of SEPA but the practical answer may be no in that a UK
bank will want to levy silly fees.
On the contrary, many UK banks do participate in SEPA and are therefore
obliged to treat SEPA transfers from other participating banks in the
same way as domestic transfers.
The critical point, and wikipedia makes this clear, is that they are
only obliged to treat them the same as domestic Euro transfers.
As there generally no domestic Euro transfers in the UK they can happily
levy large fees for such transfers and then levy those same large fees
for transfers from other SEPA countries.
Tom
--
Tom Hughes ([email protected])
http://compton.nu/
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