Saturday, March 20, 2010

Opening a bank account

So we are in the process of opening a company bank account and a personal one. The company one is easy but our personal one is a bit more tricky. They want proof of residence by way of a bill with our full names on it. The problem is that we have not yet received any bill so they asked for one from our last address in NZ. Do you think we can find one..... no...... they are all packed in boxes ready to be shipped over in the beginning of April. You would think that the formal lease contract that gets notarised would be enough proof and the fact we have Indian residency but alas, it is not.

It was a fun process today on the less. Two guy rocked up from HSBC on a scooter. One to form our company bank account and one our personal. That's right, they come to your house! We has drink and biscuits while we chatted about our banking needs and the need to form a relationship with the bank. loyalty and relationship go further in India than any form or document. To build trust in each other is of utmost importance. This is true of all relationships. This is like N.Z was going not too long ago. Loyalty pays here. No jumping to the bank with the best mortgage rates, just ask your bank to match them and give you the best service they can.

Once we have been with HSBC for a year they will give us the opportunity to set up an HSBC account in NZ so we can exchange money between countries with no charge and direct internet banking. No more telegraphic transfers that cost the earth. This will be great in the long run.

The next hurdle to jump is getting money sent from NZ to open the accounts. We only have until the end of March to get company account sorted for the end of the financial year. Praying hard for God to come through. We have been challenged by the book George Muller who never asked for anything from man but prayed for God's provision that always came through on time.

1 comment :

  1. I think I just realised how much I miss you all, dude such cool pictures. Really really wish I was there...

    And, I'm praying for you guys, like a small dog even.


    Much love

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