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International Banking Information Requirments

PiersPiers Posts: 680Member
in General Discussion
Hi everyone!  As you know we're working to add in support for individuals or developers outside the U.S. and we'd like your help in verifying that what we're doing is actually what's required for you to get paid.  We'd appreciate replies primarily from those who can confirm with certainty, thanks!

IBAN - If IBAN is used there's no other requirement other than name of Bank

SWIFT - If SWIFT is used then the BBAN (Basic Bank Account Number) would be required as well

BIC - We understand BIC to be synonymous with SWIFT, for our purposes


All answers greatly appreciated.  Is there anything we missed (other countries, regions which have yet another way of receiving payment to a company or person's checking account)?  Is there something we don't have right in the above?  :)

Comments

  • KonajuGamesKonajuGames Posts: 560Member
    SWIFT and BIC are usually synonymous, yes.  They also require the account number as the SWIFT/BIC just identifies the bank.
  • MolinwareMolinware Posts: 82Member
    do you plan to add paypal support?

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  • PiersPiers Posts: 680Member
    It's in the pipeline :)
  • The_CraigThe_Craig Posts: 89Member
    I can't create products because I haven't filled in the banking details section, can you guys remove the restriction until it's sorted out internationally please?
  • ShielsShiels Posts: 119Member
    I will provide South African details asap.
  • JonAbramsJonAbrams Posts: 51Member, Administrator, Team OUYA
    We overhauled the banking details page. Please take a look and let me know if it works for you!

  • PiersPiers Posts: 680Member
    ^the man :)
  • EvgizEvgiz Posts: 184Member
    Will paypal be an option before the 28th?

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  • JonAbramsJonAbrams Posts: 51Member, Administrator, Team OUYA
    Sorry Evgiz, it won't be for a while. We haven't had a chance to look into it yet.
  • AyrikAyrik Posts: 429Member
    Why would a PayPal option be necessary? They will take extra money from OUYA and that's just not cool. If there's a good reason it does make sense, but otherwise I'd avoid it.
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  • KonajuGamesKonajuGames Posts: 560Member

    Ayrik said:
    Why would a PayPal option be necessary? They will take extra money from OUYA and that's just not cool. If there's a good reason it does make sense, but otherwise I'd avoid it.
    Banks take a percentage fee for foreign currency transactions.  Paypal takes a percentage fee for foreign currency transfers.  They don't take money from OUYA.  They take it from the transferred amount from OUYA Inc to the developer.  It is up to the developer to choose a bank account that has acceptable foreign transaction fees from USD to their local currency, or when Paypal is offered, they might choose Paypal over their bank.
  • MolinwareMolinware Posts: 82Member
    edited March 2013
    KonajuGames said:

    Ayrik said:
    Why would a PayPal option be necessary? They will take extra money from OUYA and that's just not cool. If there's a good reason it does make sense, but otherwise I'd avoid it.
    Banks take a percentage fee for foreign currency transactions.  Paypal takes a percentage fee for foreign currency transfers.  They don't take money from OUYA.  They take it from the transferred amount from OUYA Inc to the developer.  It is up to the developer to choose a bank account that has acceptable foreign transaction fees from USD to their local currency, or when Paypal is offered, they might choose Paypal over their bank.
    I don't have a bank account, so paypal option would be better for me. Also the bank fees in my country are Higher than paypal fees.
    Post edited by Molinware on

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