Quote:
Originally Posted by Moejoe
B&N are putting up artificial barriers to doing business with them as a writer (not to mention the artificial barriers as a customer but that's another argument). That's my complaint.
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B&N are making (from their point of view) reasonable restrictions to simplify setting up a new business for them. The US market for English language books is larger and simpler for them than other markets.
It
is complicated for a company to arrange to pay citizens of other countries, when you take into account the actual method of payment, the currency the agreement is negotiated in, the tax and reporting implications and so on. By requiring the US bank account and registration they shift those issues to the author rather than them.
They may decide that once the business is up and running it will be worth their time taking this trouble, it is more likely that they will set up local bookstores in other countries, and then arrange cross-company agreements.