> > And they have of course no banking license, there is no such
> thing as an EU-license, there is however a minimum 
> capitalisation within the EU of 10 million EURO, if you want 
> to operate a bank...

I agree these guys are a scam, however the EU does have a regulation on
Electronic Money Issuers, and the capital requirement is much lower,
i.e. 1 MIL EUROS 

> My advise: Go and bank elsewhere...

I agree 100%!!!

Marco
www.paybygold.com 



> 
> Andi
> offshore hosting + domains by e-gold
> www.alpina1.net
> 



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