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Honestly I do not understand why none of these sponsorship programs take direct bank transfers. Those are free in Europe for all parties involved, so they would
by gray_-_wolf 4y ago
Honestly I do not understand why none of these sponsorship programs take direct bank transfers. Those are free in Europe for all parties involved, so they would have exactly zero processing fees. More money for them (since they can take bigger slice) and more money for the projects (since there are less parties taking their share). I just find it baffling.
- TheLoafOfBread 4y agoI would assume tax reasons. Receiving money out of the blue without invoice is asking for audit from your local tax bureau.
- johannes1234321 4y ago> zero processing fees This isn't true for a business. For business accounts with many incoming transactions many banks charge a small amount. Way less than PayPal and such, but more than zero. With Deutsche Bank for instance 0.06€/transaction.