offshore merhcant account

[steven619]

By chance...does anyone know of a good "offshore" bank and merchant account?

It would be nice to start to develop oversees relationships.
A good reason to visit the bank's country too. <smile>

Steven

[basschick]

whether you are with ccbill or your own account, i hear that visa requires that u.s. companies use visa us. i suggest you talk to mitch at netbilling regarding your question as they help adult companies get merchant accounts.

[steven619]

Thanks for your note.

We are lucky enough to already have a UK business and address.
But since I'm in the US I don't have the contacts that are needed.

I'll follow up with netbilling though.

Thanks

[gaybucks_chip]

whether you are with ccbill or your own account, i hear that visa requires that u.s. companies use visa us. i suggest you talk to mitch at netbilling regarding your question as they help adult companies get merchant accounts.

That is true -- we went through this with Victoria at ECSCommerce, and the workaround is that you set up an offshore corporation that receives the funds and passes them on to you.

There aren't many US banks that will take adult clients, and of those, they are often restrictive on what they'll take, or they have a limit on their maximum monthly processing, which is why some people have to go offshore.

[basschick]

i've been told that there aren't many non-u.s. banks that do adult, either.

That is true -- we went through this with Victoria at ECSCommerce, and the workaround is that you set up an offshore corporation that receives the funds and passes them on to you.

There aren't many US banks that will take adult clients, and of those, they are often restrictive on what they'll take, or they have a limit on their maximum monthly processing, which is why some people have to go offshore.

[sperbonzo]

We deal quite a bit with offshore merchant accounts. Since you already have a UK corp, you can get a merchant account anywhere in the EU or Isreal.