[PC-NCSG] bank accounts

[Sam Lanfranco]

My experience here is that an organization, unincorporated or not, 
simply needs a copy of meeting minutes stating who will be the 
co-signers for the account, and the account is created. This can be a 
bit more difficult for foreigners with signing privileges (and getting
more and more difficult).

In many countries an organization cannot have a bank account unless it
meets registration requirements by the government. In many cases it 
cannot receive foreign deposits without registration. In some cases 
governments revoke registration as a way of punishing activity the 
government does not like...an effective form of censorship.

Sam L.

On 10/11/2015 8:29 AM, Tapani Tarvainen wrote:
> On Nov 10 08:06, Kathy Kleiman (kathy at kathykleiman.com) wrote:
>
>> Hi All,
>> FWIW, unincorporated associations in the US have bank accounts all
>> the time -- and with co-signatories, too (multiple people with
>> access to the account). We are very flexible that way...
>
> That's what I thought. Although I'm under the (possibly mistaken)
> impression that it's not as easy when foreigners are involved,
> and that in any case it needs a personal visit to the bank
> from everybody sharing the account.
>


-- 
------------------------------------------------
"It is a disgrace to be rich and honoured
in an unjust state" -Confucius
------------------------------------------------
Dr Sam Lanfranco (Prof Emeritus & Senior Scholar)
Econ, York U., Toronto, Ontario, CANADA - M3J 1P3
email: Lanfran at Yorku.ca   Skype: slanfranco
blog:  http://samlanfranco.blogspot.com
Phone: +1 613-476-0429 cell: +1 416-816-2852