[Members] SCAM meeting minutes - 2020/03/03

Daniel Gultsch daniel at gultsch.de
Tue Mar 10 18:03:52 UTC 2020

Am Di., 10. März 2020 um 17:45 Uhr schrieb Peter Saint-Andre
<stpeter at stpeter.im>:
> <hat>treasurer</hat>
> On 3/3/20 3:07 PM, Maxime Buquet wrote:
> > ## Financials
> >
> > Is this going to get out of the SCAM budget? (currently 1000EUR a year),
> > or is it going to come out of board directly?
> I defer to the Board on the size of the SCAM budget.
> For context, the XSF has over $16,000 in the bank right now.
> > 15EUR per person with a maximum of 150EUR would allow for 6 sprints a
> > year. Let's say there's about 300EUR allocated for conferences (swag
> > etc.), that's minimum 4 sprints.
> >
> > The idea being that people expense us up to the amount that has been
> > decided. Also, As most sprints have happened in Europe until now, and
> > transfering money takes some effort, and that is obviously more work for
> > the XSF Treasurer. Is it something that they can take on?
> It's not a lot of work for me to reimburse people 4-6 times a year (it
> does require a trip to the bank to send an international money transfer
> but that's easy enough).
> There are bank fees involved, and I will document those for 2019 in the
> very near future (IIRC $35 to send each time, plus I make sure to cover
> a similar fee for the recipient so that the person who submitted the
> expense report doesn't have to pay out of pocket).

Can we not just use something like transferwise. I use that with my
international clients all the time.

Depending on the exact method of transfer (depending on how you pay
transferwise themselves, credit card, debit card, bank debit, etc…)
fees range from 3-8 USD for the recipient to receive 150 Euro. (No
extra fees on the recipient side)

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