FYI: identity theft
Jos Dreesen
jos.mar at bluewin.ch
Wed Nov 24 13:43:41 CST 2004
>
> I've also had several people from other parts of
> Europe (I'm in the UK) asking if they can pay
> directly, all I need to do is provide an IBAN for
> my account. I've declined up to know (because I
> have no idea how it works, what scams might lie
> behind it and - most importantly - what the charges
> are and who pays them!) and they've all gone on to
> pay via PayPal.
>
IBAN is a very good way of transferring money inside Europe.
EU regulations make it illegal for banks to charge more for IBAN
transfers than for transfers inside a country.
This makes it in fact the cheapest way of transferring money inside
Europe.
I do not know how UK not being in the Euro zones affects this though.
Jos
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