[Inpycon] Receiving funds from foreign sponsors

Dhananjay Nene dhananjay.nene at gmail.com
Mon Mar 14 06:20:19 CET 2011


On Mon, Mar 14, 2011 at 10:33 AM, Dhananjay Nene
<dhananjay.nene at gmail.com> wrote:
> e) Can the IPSS conduct these transactions and the necessary
> documentation steps. Mind you it can be time consuming if an FCRA
> certificate is required (which right now is an assumption until one
> talks to the bank)
>
> End of the day this decision rests with the treasurer or equivalent of IPSS.

Minor correction:
a. Whether a certificate required is a matter for the CA to opine
b. If a certificate is required, the specifics of all the
documentation rests with the bank who will be processing the
transaction (the one where IPSS has an account).

Dhananjay

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