Banks (some anyway) Wont transfer to Epassporte anymore

[babymaker]

i know one sponsor that pays with paypal and its fine, since its not an adult transaction, it comes from the corporate name not cumbuckets.com or whatever lol so most sponsors should be able to do that. I would go for that i don't trust epass...see too much trouble.

[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?

[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?).