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Poll: Have you opened a bank account on another continent to receive dollars or euros?
Thread poster: ProZ.com Staff
ProZ.com Staff
ProZ.com Staff
SITE STAFF
Dec 28, 2005

This forum topic is for the discussion of the poll question "Have you opened a bank account on another continent to receive dollars or euros?".

This poll was originally submitted by Stephen Rifkind

View the poll here

A forum topic will appear each time a new
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This forum topic is for the discussion of the poll question "Have you opened a bank account on another continent to receive dollars or euros?".

This poll was originally submitted by Stephen Rifkind

View the poll here

A forum topic will appear each time a new poll is run. For more information, see: http://proz.com/topic/33629
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Charlie Bavington
Charlie Bavington  Identity Verified
Local time: 14:50
French to English
Continent? Dec 28, 2005

Isn't "continent" a bit dramatic? Surely another *country* would do? Or is the poll primarily intended for those in continental Europe and N. America? Those of us in the UK, for example, don't need to open a bank account in another *continent* to receive payment in euros Nor indeed do those elsewhere in Europe but not in the eurozone...

(And yes, I have opened a bank account in France for EUR payments, but since that
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Isn't "continent" a bit dramatic? Surely another *country* would do? Or is the poll primarily intended for those in continental Europe and N. America? Those of us in the UK, for example, don't need to open a bank account in another *continent* to receive payment in euros Nor indeed do those elsewhere in Europe but not in the eurozone...

(And yes, I have opened a bank account in France for EUR payments, but since that is not another continent, I had to answer no!)
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Robert Zawadzki (X)
Robert Zawadzki (X)  Identity Verified
Local time: 15:50
English to Polish
+ ...
I guess 'continent' is right Dec 28, 2005

Bank transfers from (say) US to Europe are quite expensive. And to Poland they are quite expensive from anywhere.

Cashing cheques take up to 6 weeks here. Perhaps an account there is a good idea (and then a transfer to a Moneybookers account and then to an account in Poland - Paypal does not work into Poland, you can only pay with it). My tax advisor would probably kill me if I suggested he handled such an operation - I am giving him enough pain with customers in many countries, co
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Bank transfers from (say) US to Europe are quite expensive. And to Poland they are quite expensive from anywhere.

Cashing cheques take up to 6 weeks here. Perhaps an account there is a good idea (and then a transfer to a Moneybookers account and then to an account in Poland - Paypal does not work into Poland, you can only pay with it). My tax advisor would probably kill me if I suggested he handled such an operation - I am giving him enough pain with customers in many countries, copyright issues, strange currencies etc.
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Erik Hansson
Erik Hansson  Identity Verified
Germany
Swedish
+ ...
Question is double Dec 28, 2005

Charlie Bavington wrote:

Isn't "continent" a bit dramatic?


It's surely very dramatic, and more appropriate would be to talk about countries. Also, from my point of view the question is about two topics: continent yes/no & USD/EUR yes/no. There are sure more currencies around

We have a business account in Sweden, which of course is just another country and can't be seen as a continent. Also this account is for Swedish kronor - so I answered "no".

But on the other hand, those living in the European part of Istanbul and have to cross the Bosporus in order to get to their bank intended for EUR and USD could of course answer "yes"... But I don't think there are so many colleagues in this situation.

Erik

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[Edited at 2005-12-28 12:37]


 
Dinny
Dinny  Identity Verified
Greece
Local time: 16:50
Italian to Danish
+ ...
More options would have been useful Dec 28, 2005

I think an option for PayPal/Moneybookers might have been useful? I have NOT opened a bank account in another country to receive funds, I don't think I could, but this doesn't mean that I did not have problems in receiving funds from "other continents". I had to open a PayPal account to avoid paying the absurd bank fees for receiving funds from USA or Asia.

Dinny


 
Fred Neild (X)
Fred Neild (X)  Identity Verified
English to Spanish
+ ...
Continent excludes many situations Dec 28, 2005

I still answered yes, but looking at the results I believe many answered no, so results will be misleading.

Paypal seems excluded from this poll, as well as countries like Uruguay (South America) where you can open accounts in US$ and Euros.


 
Stephen Rifkind
Stephen Rifkind  Identity Verified
Israel
Local time: 17:50
Member (2004)
French to English
+ ...
A few comments Dec 28, 2005

As the guilty party behind the wording of this survey, I would like to relate to a few of the previous comments:

England's connection to Europe is tenuous and not consistent. At least psychologically, it is a different continent.

I am guilty of overgeneralization of European currencies. I forgot that many countries have maintained their own currencies. My apologies.

I intentionally did not mention paypal and friends because these are virtual accounts, wi
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As the guilty party behind the wording of this survey, I would like to relate to a few of the previous comments:

England's connection to Europe is tenuous and not consistent. At least psychologically, it is a different continent.

I am guilty of overgeneralization of European currencies. I forgot that many countries have maintained their own currencies. My apologies.

I intentionally did not mention paypal and friends because these are virtual accounts, with "virtual" problems, such as cashing in your money. That is a separate problem.

As for my Canadian friends, I admit suffering from that terrible American delusion that Canada is the unofficial 51st state. So, if you are Canadian and opened an account in the U.S>,you can say that you opened an account in a different continent.

Stephen Rifkind
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Henry Dotterer
Henry Dotterer
Local time: 10:50
SITE FOUNDER
I modified the wording Dec 28, 2005

I changed the wording based on Stephen's comments.

130 people have already responded to the poll. If changing the question mid-poll does not show that our "quick polls" are unscientific, I don't know what will!


 
Özden Arıkan
Özden Arıkan  Identity Verified
Germany
Local time: 15:50
Member
English to Turkish
+ ...
Our polls are fantastic! Dec 28, 2005

That is, they cannot be scientific

Anyway, my answer is Yes and No, and both apply to either form of the poll. Yes, because I have bank accounts in Turkey and Germany; No, because they both are my countries, so I don't have a bank account in a country I have never lived in.


 
Charlie Bavington
Charlie Bavington  Identity Verified
Local time: 14:50
French to English
So what continent are we, then? :-) Dec 28, 2005

Stephen Rifkind wrote:

As the guilty party behind the wording of this survey, I would like to relate to a few of the previous comments:

England's connection to Europe is tenuous and not consistent. At least psychologically, it is a different continent.

Stephen Rifkind


If we're not part of the continent of Europe, to what continent would you have us belong, pray tell?
I would imagine those in Scotland, Wales and Northern Ireland might also be interested to find out.
Perhaps you'd like us to be the 52nd to 55th states of the USA?

Geopolitics aside, it's actually quite an interesting question, since I for one have no intention to entrusting the likes of paypal or moneybookers with a single penny (0.01 GBP) of my money!


 
Stephen Rifkind
Stephen Rifkind  Identity Verified
Israel
Local time: 17:50
Member (2004)
French to English
+ ...
England, Britain, and the United Kingdom Dec 28, 2005

To my colleage in the United Kingdom, I know enough to know that you are not a part of the United States. I merely implied that you are part of your own small continent, as English history has its own history in parallel to but independent of European history. As for whether the various components of the United Kingdom have more in common or more differences, I have absolutely no idea and express no opinion.

If any offense was taken, you have my apologies.

Stephen Rif
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To my colleage in the United Kingdom, I know enough to know that you are not a part of the United States. I merely implied that you are part of your own small continent, as English history has its own history in parallel to but independent of European history. As for whether the various components of the United Kingdom have more in common or more differences, I have absolutely no idea and express no opinion.

If any offense was taken, you have my apologies.

Stephen Rifkind
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Wouter van Kampen
Wouter van Kampen
Thailand
Local time: 21:50
Danish to Dutch
+ ...
Overseas Dec 28, 2005

In your particular case you should have interpreted "another continent" as "overseas"

Charlie Bavington wrote:

Isn't "continent" a bit dramatic? Surely another *country* would do? Or is the poll primarily intended for those in continental Europe and N. America? Those of us in the UK, for example, don't need to open a bank account in another *continent* to receive payment in euros Nor indeed do those elsewhere in Europe but not in the eurozone...

(And yes, I have opened a bank account in France for EUR payments, but since that is not another continent, I had to answer no!)


 
Nikki Scott-Despaigne
Nikki Scott-Despaigne  Identity Verified
Local time: 15:50
French to English
In a country other than the one in which you have registered your translation business activity Dec 28, 2005

Is how I read it anyway.

And then going beyond the original question, then I have the following comments :

- good idea if you have lots of business other than where you are based
- raises the age-old question of receiving payments by SWIFT and other forms of transfer which are lengthy and expensive and for small sums often prohibitive
- also raises taxation issues
- raises zillions of issues in fact

Thinking about a numbered account in a t
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Is how I read it anyway.

And then going beyond the original question, then I have the following comments :

- good idea if you have lots of business other than where you are based
- raises the age-old question of receiving payments by SWIFT and other forms of transfer which are lengthy and expensive and for small sums often prohibitive
- also raises taxation issues
- raises zillions of issues in fact

Thinking about a numbered account in a tax haven... (sweet dreams!) !

N
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Angie Garbarino
Angie Garbarino  Identity Verified
Local time: 15:50
Member (2003)
French to Italian
+ ...
I would like Dec 28, 2005

I would like to open an account in the USA since most of my clients are located in the USA, but I'm afraid I couldn't, could I?
If you know please let me know
happy new year !!!


 
Mariana Moreira
Mariana Moreira
Portugal
Local time: 14:50
Member (2004)
English to Portuguese
+ ...
I was told the same as Angioletta Dec 28, 2005

I live in Portugal and I was told that I couldn't open an account in the US. Is that in fact true or not? Can somebody help us with this doubt?

Cheers:)
Mariana


 
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Poll: Have you opened a bank account on another continent to receive dollars or euros?






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