Originally Posted by sperbonzo

Unfortunately the VISA cross-border acquiring regulations will not allow a bank to process a merchant that is incorporated in another region. Quite frankly the EU corp would simply be a proxy set up a lawfirm. The banks all know this, and understand that it is needed in order to comply with VISA regs. All revenues would settle there, and then you would wire them to your Aussie accounts the same day. The only banks you can deal with having only an Australian company would be Australian banks.


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