Starting a web business with a friend abroad help.

fastmuscle10days · Apr 25, 2013

Hey.

So I want to start a web business with my friend abroad however the difficulties of exchange rates and payments is confusing me a little at the moment. What's the best method to use? Should we both get some sort of joint bank account or something? I'm really lost.

Thanks for any help.

bmu1991 · Apr 25, 2013

Could you not just use PayPal and add your account and your friends account and work something out between you?

Ryan McFadyen · Apr 25, 2013

Setup a PayPal account and both of you deposit funds. From there it's all about trust.

fastmuscle10days · Apr 26, 2013

The thing about Paypal is the fees I'd have to pay to make the transfers of the money and Paypal is a very sketchy service, they freeze money a lot of the time which worries me. I was thinking of opening a bank account with him but would that even be possible with someone abroad?

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Starting a web business with a friend abroad help.

fastmuscle10days

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Ryan McFadyen

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