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Comment by nirava

7 days ago

I agree. Coming from a neighboring country with similarly strict rules on outgoing dollars, I've had many situations where sending money outside of the country, even for business purposes required an insane amount of paperwork, bureaucracy and sometimes bribery.

Cool, I think its perfectly alright to not accept funds from nations where this type of thing is happening.

  • Bribes aside, the US is one of those nation. I had to provide decades of account records when I wanted to move a sum of money from US -> EU a few years back, due to triggering the "might be funding terrorism" KYC threshold