Banks (some anyway) Wont transfer to Epassporte anymore

[Tvduijn]

Originally Posted by Mr Spock

My main concern with epassporte is:

Are they a registered bank?
If so where? and by whom are they regulated?

Another question arises why can't sponsors pay funds directly into your bank account? It surely won't be more expensive or administratively complex than processing a cheque or doing an epass transfer. Am I missing something here?

I believe I saw somewhere on my card or so that they are located on the Netherlands Antilles. I dont know if they are regulated by the Dutch central bank since the Antilles have a different currency.

Here's whats on the card:
This card is issued by "St. Kitts-Nevis-Anguilla National Bank Limited" ("Bank") pursuant to a license from Visa International and under a co-branding agreement between ePassporte N.V. and the bank.

So Epassporte is on the Netherlands Antilles and their underlying bank is somewhere else (US?).