[OSM-talk] Funding drive – Improving OSM reliability and performance

[Tom Hughes]

On 02/12/11 16:45, Steve Doerr wrote:
> On 02/12/2011 16:26, Tom Hughes wrote:
>> On 02/12/11 16:13, Andreas Labres wrote:
>>
>>> What is interesting for all of us living in European counties:
>>>
>>> Can donations be made via SEPA money transfer to the bank account of
>>> the foundation?
>>
>> I may be wrong but I think the foundation only has a UK sterling
>> account which means that the technical answer may be yes, in that the
>> UK is part of SEPA but the practical answer may be no in that a UK
>> bank will want to levy silly fees.
>>
>
> On the contrary, many UK banks do participate in SEPA and are therefore
> obliged to treat SEPA transfers from other participating banks in the
> same way as domestic transfers.

The critical point, and wikipedia makes this clear, is that they are 
only obliged to treat them the same as domestic Euro transfers.

As there generally no domestic Euro transfers in the UK they can happily 
levy large fees for such transfers and then levy those same large fees 
for transfers from other SEPA countries.

Tom

-- 
Tom Hughes (tom at compton.nu)
http://compton.nu/