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)?
the conversion rates are globally same . 1 $= 47.04 INR (according to xe on 05-06-09) It depends upon alertpay how much it deducts . They may have their policies . And If I am not wrong " They pay few banks in India with direct account transfer " There is no facility of checks
5$ 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$*dollar rate
thanks.... does the same 5$ & 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)
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