processing fees for both Paypal and Global Collect. The $42K number was the
amount in excess of budget for bank payment processing fees, due to
donations being in excess of budget for the month of January.
Garfield
Garfield Byrd
Chief of Finance and Administration
Wikimedia Foundation
On Sat, Mar 10, 2012
in the US. They have the option of transferring
money to our EU bank.
As for Paypal, we currently have Paypal's lowest commercial rate for
receiving money and the Foundation has applied to get the lower charity
rate.
Garfield
Garfield Byrd
Chief of Finance and Administration
Wikimedia Foundation