We need many exchanges distributed far and wide.
In Switzerland, I have a Postfinance acct
http://www.postfinance.ch/en/priv/prod/pay/abroad.htmlAllows me to send payments by SEPA, Western Union, Cash International, Giro
I have never heard of the Cash International...
"Use Cash international to transfer cash or a cheque to a recipient abroad who does not have a postal or bank account.
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The recipient
* receives a specific payment document, depending on the country concerned, which can be exchanged for cash free of charge at the relevant foreign postal organization. The recipient will normally be required to provide proof of his/her identity
# or receives one or more bank cheques (in the case of countries in North and South America). The maximum amount per cheque is USD 2,000
# As a rule, beneficiaries may only pay cheques into their bank (account required). A fee is charged for cashing cheques
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Currencies available with exchange at spot and future rates between them:
Swiss Franc
Euro
Australian dollar (AUD) 0.000%
Canadian dollar (CAD) 0.000%
Danish kroner (DKK) 0.000%
Pound sterling (GBP) 0.000%
Japanese yen (JPY) 0.000%
Norwegian kroner (NOK) 0.000%
Swedish kronor (SEK) 0.000%
United States dollar (USD)
SEPA transfers are free of charge. Fees for sending Western Union seem considerable cheaper using the online interface.
12 francs up to 300 and 5% upto 1K & 3% upto the max.
I'll partner in anyway I can.
Will find partners, investors to increase liquidity, setup an exchange in Switzerland;