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Online Share Trading

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Need some advice on getting money from overseas

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I have a birthday song composing business - I sing the birthday persons name into a birthday song I composed and email it as an mp3 to whover asked for the song. This allows me to operate anywhere via Twitter for adverts, etc. My problem is getting in the few dollars (say 5 dollars) for doing this if someone overseas wants a song. Could I start an overseas account at a bank there and ask people to pay into that bank? Is there any bank that people could pay into from anywhere without big costs being involved? Should I instead start a bank acc in each country I want to operate?
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I would say do a US or UK bank acc and link it to paypal. NO paypal in SA ;-(. At least the world knows Paypal and trusts it.... there are SA versions but people outside SA dont know it so rust might be an issue....
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hehehe...rust should be trust, but maybe rust (it wont be used) is fitting ;-)
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Thanks - that is a good idea that I was thinking of. Do overseas banks have high monthly charges. What bank is a good choice? You can have a free happy birthday song with a birthday name sung in if you like The tune is Good Birthday Wishes near bottom of http://www.ilike.com/artist/Swayseeker/ and I could email it to you
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In USA I am very loyal to my favourate bank so wouldnt suggest anything else, I would go to Chase (https://www.chase.com/) the most solid, stable and well managed you can get, your money is safe with them.
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Thanks. Are charges high? If I had only a few dollars in would they disappear from charges? You can also have a free song with name sung in if you like. the tune without name sung in is free for anyone in fact (free mp3 download)naer bottom http://www.ilike.com/artist/Swayseeker/
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the tune singer... i am not 100% sure of charges, but they lower than in SA. You will see that by getting a Chase card you dont pay an annual fee. just check that website out... then you can contact a representative if you like for further info.
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Have checked out Chase. Cannot see a South African rep. What about BARCLAYS. Could this work smoothly via ABSA if I got a Barclays acc in UK?
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Eddie, it won't be easy to open a US Bank account without a social security number. Although, possible, but my feeling is that you might need to be there in person to do this. (Not talking about share trading acc.) The biggest issue with these bank accounts (without a social sec. numbers) are that they would not allow electronic transfers to them from other individuals -even if they are from the same bank group in other states or same state.
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Yes, you will need to be there in person. But if you there Chase will open an account. thats the only problem though...
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Wells Fargo offers a bank account for foreign citizens that may suit your needs. It looks like you can open the account from your country of residence. Have a look here: https://www.wellsfargo.com/inatl/consumer_services/personal_banking.jhtml
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ABSA/ Barclays - Barclays is parent compay to ABSA but not linked by accounts. They are still two seperate business units and companies effectively. You cannot open a full Barclays account in SA (nor have an ABSA one that is linked to a Barclays one), they do have a foreign national outlet in Illovo last I remember but not for opening accounts, they just take instruction to interact with UK network. As I am a EU citizen I have UK account with them that I manage online but I had to open it in person in the UK. I think most banks/countries will have similar requirements as they need to verify you and get copies of passports/soc sec/ other statutory requirements etc. But to be honsest have not develed into the offshore accounts for a while as SA is my home.
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Never mind the banking details. Will you sing the birthday songs in the nude for 6 dollars? I might have a market for that kind of thing.
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Very dry here old boy, as you probably know. Been busy doing stuff for a while. Back now, tho.
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