Quote:
Originally Posted by Joker
well then knowning this.. how could u prepose to MA to make it more like a bank.. i see no other options.. this is the best way to make it no risk...
and since they dont want to get involved with authorities i would imagin... This still is a bank IMO nothing gonna change it  sorry
maybe there is a happy medium but it isnt a pawn shop to me... and i think MA would be upset to know people thought this |
Well if they run it like a bank IE a savings account you can earn interest on then were back to square one with US issues. and taxes. Not sure of other countries taxes. but int eh us you have to claim the earnigns from your savings account.
Then they are beholden to bank regulations etc etc.
Being multi national they'd be hard pressed to follow all the banking guidelines the pawn shop aspect is the best way to work a bank scenario for them without having to deal with multiple nations legalities.