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  1. #1
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    Local bank accounts in foreign countries

    Hi - here in Australia, smaller businesses like to pay for goods by transferring money into the bank account owned by the merchant. I presume it's the same in other countries too.

    This is fine for local transactions, but doesn't work too well when dealing with merchants in different countries.

    And I presume it's pretty hard to open up a local bank account in the country where the customer is.

    Is there any international solution that can somehow expose a local bank account number to the customers, one that they can use their familiar means of paying (eg personal bank visit, phone banking, internet banking)?

    Jonty

  2. #2
    Follow Me On Twitter: @djg gold trophysilver trophybronze trophy Dan Grossman's Avatar
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    Never heard of one. Utility and insurance bills are about the only thing normal americans might pay by bank transfer. Guess it's a european thing?

  3. #3
    SitePoint Member
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    I see, so businesses would usually have a company credit card to purchase with, or is there some other mechanism they use? Are checks still used much?

    Thx for the response Dan

  4. #4
    SitePoint Enthusiast
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    clients can always send wire transfers to account in any country
    now it all depend where your clients are from, for a lot of countries it is possible to open accounts


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