2 ms·
No reasonable business is going to use potentially illegal platforms just to avoid a bit of extra paperwork. Especially when it's typically handled by the acc
by threeseed 3y ago
No reasonable business is going to use potentially illegal platforms just to avoid a bit of extra paperwork.
Especially when it's typically handled by the accountant.
- anovikov 3y agoThere's no problem about it, a business does not necessarily need to have a bank account as long as it can send and receive payments and provide statements by request of a certified auditor when supplied with authorisation letter. My company actually uses Payoneer and does nothing dodgy or tax-avoiding, it's simply a lot more convenient that way (for example, most U.S. clients have a hard time sending SWIFT because all they used to is ACH, and Payoneer lets my company accept ACH - no EU bank would). My auditor is happy with this. I know vast majority of Payoneer uses are something crazy shady deals, but it doesn't disqualify legit users of it.