Check the cost of Bulgarian banks for example. Changing money you loose few euros everytime but the conversion rate is good actually.
So on a small transfer, let’s say 5 € you might receive less than one.
GB is certainly better since many alternatives solutions or neobanks are located there.
Now talking about the rest of the world.
The USD is by very far the standard.
Many banks worlwide offer bank accounts in USD and a great exchange rate toward this currency.
TR could open a USD banks account in few minutes if they have all the neccessary papers, or more exactly a USD account held by company which have a USD bank account.
Given TR is more likely to receive plenty of little donations than one big, all those little comissions can actually represent more than 50 % of what is being sent.
" First of all most bank accounts will ask for monthly fees "
I have few bank accounts and actually all of them brought me money instead of costing me any fee.
" 2nd I don’t know, if British law allows the TR foundation to have bank accounts all around "
You can hold several bank accounts in different currencies in the same bank.
Once again GB banks are quite famous for that.
" but something like Paypal and Bitcoin. Bitcoin is also a good way to not spend so much money on transaction fees "
Once again small fees on a small amount are relatevely big fees.
Why paying fees when there is a possibility of not paying any fees or more exactly to pay a small fee but only one time
Bitcoins are for now a speculative tool nothing more.
If you know your way around the fees are small, if you don’t the fees are big especially with bitcoins.
I wonder how many people are willing to play with bitcoins for the sake of sending a donation to TR.
Good customer service, TR should provide a easy way to send money.
TR should also minimize the cost of transactions to maximize its profit.
Having at least a USD and Euro account are a minimum and it’s so easy and fast to set up.