Quote:
Originally Posted by ravo
Just curious, and a bit off-topic: If you are a Canadian company, why open a bank account in the US? Aren't you just exposing yourself even more to any potential US "anti-porn" laws? Why not go elsewhere in the world to incorporate/bank? (eg. Ireland, Panama, BVI)
If it's none of my business, just tell me so! ;)
|
Haha good question - We're only incorporating and banking in the US to make the use of Netbilling easier. They can't withdrawal funds from our Canadian USD account which they need to be able to do, so the easiest and fastest solution was the US. It's literally just for passing money through the account - Deposits will be made weekly into the account and we'll then move every dime of it into Canada right away so I don't have a whole lot of worry about anti-porn laws.
Still having decided on what bank to use. Would love some suggestions before we just end up opening an account with chase.