Beware of billing companies claiming they are moving all their business offshore...Since you cannot be offshore and process for US clients that would mean that they must give up all of their current US clients because of cross border regulations.
Hmmmmm.....make you wonder how big their portfolios are....ouch. Is that stable? No processor doing any real volume would consider such a thing. Opening up new relations in other regions in addition to the US is the way to go.
Also the 10% reserves are only because offshore banks require it.
WSB's off shore relationship (
http://www.websitebilling.co.uk) has been longstanding and is currently only requiring
7 1/2 % reserve down from the original 10%. That shows good solid business practices and management. Its your money.