On 06/05/2016 12:36, Steve Marquess wrote: > On 05/06/2016 04:40 AM, Michel wrote: >> Hi steve, >> >> Isn't it conceivable to ask one of the European payment service provider to >> sponsor you by offering a free account / accesss to their plateform ? >> I know some which are secured only with the help of your product. >> They should be proud to help in return. >> :-) > In my role as the OpenSSL beancounter I've run into a more general issue > with non-U.S. banks. The great bulk of our donation funding comes from > outside the U.S. and is spent outside the U.S., and really shouldn't > need to reside in or even transit through the U.S. But, since I'm > American and know that country best that's where I set up the OpenSSL > legal entities and bank accounts years ago. > > I've been trying unsuccessfully to transition our funding to a non-U.S. > bank for some time. But, we're an unusual organization (banks don't like > unusual) and I also am operating under a severe handicap known as > "FATCA", the TL;DR of which being that when a bank sees I'm calling from > a U.S. number and speaking with an obvious U.S. accent they can't > dismiss me fast enough, usually before I get the chance to emphasize > that no "U.S. person" needs to have signature authority for the account. > I've been through this drill with dozens of banks, from Estonia to > Singapore. We've gotten as far as opening an account with an initial > deposit, only to have that bank close the account for unspecified > reasons a week later. I've spent an unbelievable amount of time on this. > > If there is a non-U.S. bank willing to have OpenSSL as a customer I'd > love to talk to them. We've even created non-U.S. corporate entities (in > IoM and BVI) for that purpose; after many months they remain bankless. > > Consider having the non-U.S. person do the account setup too. Banks are as scared of US jurisdiction as crypto engineers. Enjoy Jakob -- Jakob Bohm, CIO, Partner, WiseMo A/S. https://www.wisemo.com Transformervej 29, 2860 S?borg, Denmark. Direct +45 31 13 16 10 This public discussion message is non-binding and may contain errors. WiseMo - Remote Service Management for PCs, Phones and Embedded
