Quote:
Originally Posted by CandidHotties
Big or small business, the best way is to work with an actual bank ( who has a real address not P.O Box like Paxum and other e-wallets). Of course, working with a bank
is not quite the right way for people who want to avoid paying taxes.
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No. If you receive many payments every month via wires, you'd have to pay several hundred USD in fees every month.
(Mainly programs charging $20-30 for a wire, but extra wire fees on the receiver side may also occur sometimes.)
With Paxum it's around $1-3 for most payments, plus maximum $50 for withdrawal every now and then.
Not to mention that if you receive lots of wires every month from all around the world, there's a good chance your bank will start investigating you for possible money laundering. Then might even kick you out if they realize you're in the adult biz.
Wires are great for big amounts, but not for receiving lots of small payments.