All,
I checked yesterday and found out that , with current IBAN, it is possible to effortlessly (fairly) transfer money direct to someone's bank account. So no more mucking about with Paypal needed (though that does offer its own benefits. Of course, the bank may be legally forced to hold back large payments (or many payments of small amounts), and/or report them to the government), vut for transoceanic (e.g. transatlantic) bank transfers, all you need is the IBAN (International Bank Account Number) and the BIC (Bank Interchange Code)
Thought I'd mention it now, waaay before Mittens, just so you know.
I checked yesterday and found out that , with current IBAN, it is possible to effortlessly (fairly) transfer money direct to someone's bank account. So no more mucking about with Paypal needed (though that does offer its own benefits. Of course, the bank may be legally forced to hold back large payments (or many payments of small amounts), and/or report them to the government), vut for transoceanic (e.g. transatlantic) bank transfers, all you need is the IBAN (International Bank Account Number) and the BIC (Bank Interchange Code)
Thought I'd mention it now, waaay before Mittens, just so you know.