Why EFT is limited to just 16 countries? Not available worldide?

Is there any technical problem?

[GuluGulu]

In India, We have branches of CitiBank across all major cities and metros. Google banks with CitiBank.

Then why they are still unable to do an EFT to India? And similarly other countries?

Any technical or other problem? What do you think?

[ann]

Have patience, EFT is still pretty new, they really are working on it. :)

Ann

[error]

This is what I got today:

EFT is not available for ****** at the moment.
the full list is here [google.com...]

[edited by: jatar_k at 4:47 am (utc) on Oct. 4, 2005]
[edit reason] no email excerpts [/edit]

[ann]

Durn only took about a minute to find it and error beat me to posting. :)

"https://www.google.com/support/adsense/bin/answer.py?answer=15915?"

This one has all 42 countries and the currency.

Ann

[eeek]

One word: Nigeria

[Visit Thailand]

eeek - It has nothing to do with Nigeria.

Why places like Australia, Singapore and Hong Kong are not allowed is beyond me.

Plus we do not need local currency EFT's US$ will do fine.

Added in:

Ann that list on the url you gave is for local currency cheques not EFT.

[ann]

Yep,

One can't be perfect all the time, sigh....but I try.

Ann

[asinah]

I too would wish that EFT would be available soon in Hong Kong accounts.

[Jean]

'At this time, we do not have a date for when additional currencies may become available in the future.'

It doesn't seem to be a matter of currency only. EFT is still not available for some countries in the Euro currency zone.

[Bluepixel]

They are using outdated bank account numbers instead of IBAN numbers... so much for google being up to the edge of technology.
They just add countries where most of the publishers have their cheques sent too.

[sezampicika]

Not every bank suppots IBAN ... So they use technology that is accepted worldwide!

[Jean]

Are there banks in the Euro zone that do not support IBAN?

[sezampicika]

Croatia for Example...

Biggest Croatia bank uses SWIFT, not IBAN.

[Jean]

Does Croatia use the Euro as currency? Not to my knowledge.

[sezampicika]

No, Croatia is still not in EU. Tomorrow we are suposed to start negotiations with EU crew ;)

We use CROATIA Kunas.

[Jean]

My point of contention is why countries such as Luxembourg, Finland and Greece which are in the Euro zone don't have EFT?
Not enough AdSense participants? It hardly makes sense because the banking procedure is exactly the same as, say, for Portugal or Germany.

[Bluepixel]

@Jean, as I said. If you use EFT, you still have to enter the old bank account numbers. If they would have been clever, they would have used a system that uses the new bank account numbers, and not the old ones and it would magically work for all the old and new countries of the Eu union.

I can't use it myself since I live in one of the 3 countries you mentioned and they just don't support those countries. At least I get a check in Euros.

[Jenstar]

AFAIK, they are planning to expand the EFT program. However, the response from Google is more likely due to the fact they don't want to commit to any timeline for new countries being added to it.

[sezampicika]

We are know they are "planing"...

But nobody knows when!

[edd1]

Damn, no New Zealand.

[great_9]

I don't think a country like Croatia is attractive to develop EFT banking connections just for a couple od adsense publishers.

[tebrino]

I'm in Serbia and I receive EFT from my affiliate partner located in France (who is much smaller than Google and probably has only 2-3 partners from my country) without any problems for almost a year. They pay me in euro.

Sezampicika, I think that Splitska Banka d.d., Split (HVB) has IBAN/BIC number if you wish to receive EFT payments from your other partners.

[bernis]

providing EFT for other countries shouldn't be much of a technical problem. for example i'm from slovakia (country is in the EU but not in eurozone yet) and i can use my Moneybookers account from here. they checked if it's really my account by sending some random little sum and asked me to let them know what amount arrived to verify me.

this method (verifying identity by assigning it to existent bank account) is much more trustworthy than just sending a check which anyone can cash

i think problem is that google just doesn't want to rush with sending money as soon as it's possible. even the check delivery takes 2-3 weeks .. they are sent from malmo, sweden ... i don't know what kind of post they use but i usually get mail sent from wherever in the world within one week of sending

[JohnDoealias]

Maybe because all countries have different foreign exchange control law.

[sezampicika]

tebrino, I do not need IBAN... I recive EFT from all other partners just via normal bank account number + swift...

Thanks

[Mentat]

IBAN is just an account format that provides all the informations for international transfers.

[en.wikipedia.org...]

If you have an IBAN account (All Europe is using this format), you will not need bank routing informations (SWIFT).

Google is ignoring for the moment the publishers from EU countries and the rest of the world.

For me checks are very expensive :(

[sezampicika]

I really hope they will do something.

If other companies from US can send me wire bank transfers (EFT)... Then Google can do it also..

Regards friends!

[danny]

My guess is that Google is building something more complex than a simple payment system - maybe not a Paypal competitor, but maybe something of that kind of complexity.

So they don't want to set up an "easy" EFT system only to have to change it later - instead they are doing the regulatory work for the more complex system.

[dragonthoughts]

As for not using IBAN, some US banks still do not issue IBANs to their customers.

This was an issue for me when paying a US supplier around £10,000 from my UK bank.