Quote:
Originally Posted by Barry-xlovecam
"real names" are the bank accounts or payment card account identities. AML, FATCA and "know your customer" policies are only legally enforced on financial institutions by international treaty now.
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Sponsors can query the real names from Paxum and Payoneer?
You'd also need a real physical address to put on the invoice too though.
"Know your customer" may be not enforced on regular companies. However if you get a tax audit, and they discover that you have invoices with fake names and/or fake addresses (which some affiliates do use in my experience), you can get in a lot of trouble.
Don't get me wrong though. I'm all for the biz stepping up and following the business practices that are normal in every other segment - including invoicing.