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A branch is not a subsidiary. Like a branch of Tesco, it is the same company. There's a clue in the company number prefix FC: foreign company. There is no sepa
by ectopod 5y ago
A branch is not a subsidiary. Like a branch of Tesco, it is the same company. There's a clue in the company number prefix FC: foreign company.
There is no separate legal entity "Amazon UK". So why should a Luxembourg company get UK card rates?
- traceroute66 5y ago> A branch is not a subsidiary. Like a branch of Tesco, it is the same company. There's a clue in the company number prefix FC: foreign company. You were the one who said its "Amazon Luxumbourg" mate. I merely pointed out that technically it was actually a UK branch thereof, so you were not right to call it Amazon Luxumbourg per-se. Its a Local Registered Branch. Amazon make the differentiation on their website. So should you. > So why should a Luxembourg company get UK card rates? Its simple. As I said quite clearly in line two of my post.... What Amazon UK is or is not is not the point of discussion here. The ultimate cause was the post-Brexit removal of the EU’s European Interchange Fee Regulation cap. End of story.