Sorry but your reply is completely incorrect and you should really check your facts before making a post that appears to be official. As as I understand you are not related at all to BDC.
I own a limited company (business) registered and compliant in an EU country where we offer properties. But the company bank account is technically located in another EU state so it has a different Iban code to the country that the business is trading. We are tax registered, VAT registered and fully audited. WHY would that be called money laundering? Perhaps you need to talk to your accountant before posting such non-sense. This is how almost all international companies are structured.
We are suffering with exactly the same problem. We are a registered LTD company in an EU country with a business bank account technically located in another EU country... that is the entire point of the "Free economic Euro zone" to be able to do business cross borders without hinderace. We are tax and VAT registered and spend a lot of money on tax compliance to be legal. However BDC does not give a damn about that and applies a blanket rule to all partners.
BDC refuses to accept that and I have ceased all listings with BDC until the matter is resolved. Airbnb all the way! Bigger market share, easier to contact them, host insurance and they will send money to EU Iban numbers...
Unfortunately since BDC are a private company and you agree with there T&C's when you make use of there website and services then they are the boss and they can make the rules and regulations as they see fit.
Sorry but your reply is completely incorrect and you should really check your facts before making a post that appears to be official. As as I understand you are not related at all to BDC.
I own a limited company (business) registered and compliant in an EU country where we offer properties. But the company bank account is technically located in another EU state so it has a different Iban code to the country that the business is trading. We are tax registered, VAT registered and fully audited. WHY would that be called money laundering? Perhaps you need to talk to your accountant before posting such non-sense. This is how almost all international companies are structured.
We are suffering with exactly the same problem. We are a registered LTD company in an EU country with a business bank account technically located in another EU country... that is the entire point of the "Free economic Euro zone" to be able to do business cross borders without hinderace. We are tax and VAT registered and spend a lot of money on tax compliance to be legal. However BDC does not give a damn about that and applies a blanket rule to all partners.
BDC refuses to accept that and I have ceased all listings with BDC until the matter is resolved. Airbnb all the way! Bigger market share, easier to contact them, host insurance and they will send money to EU Iban numbers...
Unfortunately since BDC are a private company and you agree with there T&C's when you make use of there website and services then they are the boss and they can make the rules and regulations as they see fit.