[Debconf-team] DC14 bids: money handling
DC14 bid teams,
How do you plan for money handling to work in your proposed location?
For the USA, I assume the answer will be "use SPI", but feel free to
comment further.
For Venezuela, the bid page says, "Venezuela has a currency exchange
control. It is illegal for people to exchange dollars, euros, other, for
bolívares (official currency), unless is done through official
institutions. In the past, the country had large losses of money due to
the flight of capital. The government implemented a currency exchange
control to protect the internal cashflow. This might become an obstacle
in our logistic."
I don't think that having to exchange money through official mechanisms
is a problem, it just means we need to make our plans using the official
exchange rates.
But what are the controls on money entering and leaving the country?
Do we need special permissions to send money into the country, and how
difficult is that/how long does it take? What about getting money out
of the country -- what are the barriers to doing bank transfers to
transfer un-spent money (or profit from merchandise etc.) to another
country?
Do you know of another international event which dealt with these
issues which could tell us about their experiences?
--
Moray
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