Money Bookers in India

Discussion in 'Payment Processing' started by Ragu_007, Nov 17, 2010.

0
  1. #1
    Is it possible to withdraw money (NEFT or Wire transfer) from MoneyBookers to all banks in INDIA?
     
    Ragu_007, Nov 17, 2010 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #2
    Not sure about all banks but i think major banks support that such as HDFC,ICICI,Axis etc.

    DON.
     
    deluxdon, Nov 17, 2010 IP
  3. Rk's

    Rk's Peon

    Messages:
    151
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    NEFT and wire transfer are not the same thing. MoneyBookers uses wire transfer and PayPal uses NEFT.

    PayPal converts money to INR and sends INR to your bank account. but

    MoneyBookers send money in $$$ and your bank will convert into INR, and ICICI Bank charges 25/- for every incoming wire transfer.
     
    Rk's, Nov 24, 2010 IP
  4. jhn2001

    jhn2001 Well-Known Member

    Messages:
    1,707
    Likes Received:
    46
    Best Answers:
    0
    Trophy Points:
    140
    #4
    A little correction they convert them into euros and send it to your bank ( not $$) .
     
    jhn2001, Nov 26, 2010 IP
  5. abdussamad

    abdussamad Active Member

    Messages:
    543
    Likes Received:
    17
    Best Answers:
    0
    Trophy Points:
    60
    #5
    ^^ You can open an MB account in USD as well. In that case I guess the wire will be in USD too.
     
    abdussamad, Nov 26, 2010 IP
  6. Rk's

    Rk's Peon

    Messages:
    151
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #6
    Rightly said. You can also open MB account in Indian Rupee as well
     
    Rk's, Nov 26, 2010 IP
  7. superseo1

    superseo1 Peon

    Messages:
    76
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #7
    thanks for your help
     
    superseo1, Dec 3, 2010 IP
  8. Mr. Link

    Mr. Link Greenhorn

    Messages:
    95
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    18
    #8
    Most of the time money hang while withdrawing via MB.
     
    Mr. Link, Dec 4, 2010 IP
  9. musichangout.com

    musichangout.com Well-Known Member

    Messages:
    4,195
    Likes Received:
    182
    Best Answers:
    0
    Trophy Points:
    103
    #9
    yeah one of my friends money recently got hanged via MB .
     
    musichangout.com, Dec 4, 2010 IP
  10. Rk's

    Rk's Peon

    Messages:
    151
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #10
    well, I have never experienced it. At the worst circumstances I get the money after 7 days and the best in 2-3 days
     
    Rk's, Dec 10, 2010 IP
  11. crookboy

    crookboy Greenhorn

    Messages:
    60
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    16
    #11
    Moneybookers is the best for Indian People..Paypal sucks..they limit Users account saying some reasons and will ask us to provide passport or any other proof..Even if we provide it they wont remove the limitation..Atlast we will leave paypal and they get the money in th account..this is what happened to me 2years back.now i am Using MB..They have helped me with wire transfer in time..As rk said it usually takes 2 to 4 days and sometimes 1 week.But i have never lost the money.I am using SBI account.
     
    crookboy, Dec 15, 2010 IP