How to convert the check from alertpay here in india?

Discussion in 'Payment Processing' started by jerin, Jun 5, 2009.

  1. #1
    I have some money in my alertpay account... The only way we can withdraw money for indians is to request a check... I am little bit afraid that will i get the check converted to money here in india??

    for example if i request $100 dollar check how much i'll get after exchanging it in banks (in india)?
     
    jerin, Jun 5, 2009 IP
  2. ashishforyou

    ashishforyou Well-Known Member

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    #2
    the conversion rates are globally same .
    1 $= 47.04 INR (according to xe on 05-06-09)

    It depends upon alertpay how much it deducts .
    They may have their policies .
    And If I am not wrong " They pay few banks in India with direct account transfer "

    There is no facility of checks
     
    ashishforyou, Jun 5, 2009 IP
  3. jerin

    jerin Peon

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    #3
    which bank supports it?

    & i am sure there is check option too...
     
    jerin, Jun 5, 2009 IP
  4. chandan123

    chandan123 Prominent Member

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    #4
    5$ they charge to send check ( alertpay ) and 6$ fee ( min ) is charged by bank to process the check the rate depends on the currency at the time of check processing

    so u will get 89$*dollar rate
     
    chandan123, Jun 5, 2009 IP
  5. jerin

    jerin Peon

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    #5
    thanks.... does the same 5$ & 6$ is charged by alertpay & local banks respectively for any transaction amounts? which is the best bank here to exchange it? (I mean the lesser charging for check processing)
     
    jerin, Jun 5, 2009 IP
  6. chandan123

    chandan123 Prominent Member

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    #6
    yes.

    the 6$ fee is min amount from bank so it can vary bank to bank ;)

    also there is higher fee for fast processing in our banks :rolleyes:
     
    chandan123, Jun 5, 2009 IP