Re: Zimmermann legal fund
At 3:24 PM 7/30/95 -0700, James A. Donald wrote:
If you insist that international transactions be mediated through US banks, you are cutting your throat.
I hope my mail didn't give the impression that we are "insisting" on this. It's a matter of technical expedience at the moment, that's all. Non-US sellers who really want to use FV can do so today IF they get a US bank account. Payout through non-US banks is definitely something we plan to do, but you can't build a business today on our plans for tomorrow, especially since we don't have a firm target date. One of the relatively easiest alternatives we have discussed is good old fashioned paper checks. We could *conceivably* (this is not a promise!) set up a system to pay non-US sellers by mailing them paper checks. This is a fairly expensive process, and we'd have to pass on the costs to the sellers in the form of a service charge for the mailing, and there would be postal delays, and there would be a delay waiting for your local bank to clear a US check. Is this appealing? -- Nathaniel
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