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Is moneybookers allowed in India?

Discussion in 'Payment Processing' started by loverdp, Dec 20, 2008.

  1. #1
    Is moneybookers allowed in India?
    I need to open a account in moneybookers and I am from India.
    Are Indian banks accept money from moneybookers?
    if yes then how many banks in India accept moneybookers?
    What is the procedure for that?
    I need this info in details.
    Thanks for your help on advance.
     
    loverdp, Dec 20, 2008 IP
  2. BorderMI9

    BorderMI9 Banned

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    #2
    Im not sure, try using Google or going to the MoneyBookers website.
     
    BorderMI9, Dec 20, 2008 IP
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  3. loverdp

    loverdp Well-Known Member

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    #3
    Mate I need help.Please answer my questions.
     
    loverdp, Dec 20, 2008 IP
  4. Ajucoolest

    Ajucoolest Well-Known Member

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    #4
    Hey Lover DP,

    Moneybookers are payment processors as Paypal.

    Yes they allow India to be a part of their Network.

    To withdraw from moneybookers you need to have a SWIFT Code which the bank officials will provide you with.
    this is because moneybookers will send you wire transfer from UK not like Paypal who sends NEFT payments from Inside India.

    Each bank that is connected with SWIFT can easily accept your money from Moneybookers provided that you enter the original SWIFT code. I would say that you go with HDFC Bank Accounts as the customer care really helps in case of HDFC Bank and you would easily get money from Moneybookers.
     
    Ajucoolest, Dec 20, 2008 IP
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  5. loverdp

    loverdp Well-Known Member

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    #5
    Thanks for you response.
    Mate I have account in ICICI bank.
    Will it be ok if I use ICICI bank?
    If yes what is the SWIFT code of ICICI bank or is it related to branch by branch.
     
    loverdp, Dec 20, 2008 IP
  6. phyza

    phyza Well-Known Member

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    #6
    I am not from India but moneybookers supports India and if you have account in any bank you need its branch swift code as swift code is different for all branches .. you can search it online via swift directory and i read some people from India here using ICICI bank so i hope its 0k to use it..
    Thanks
    PHYza
     
    phyza, Dec 20, 2008 IP
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  7. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #7
    Loads of people from India seem to use it, and it is in their list of accepted countries, so you should have no issues.
     
    gr8liverpoolfan, Dec 20, 2008 IP
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  8. loverdp

    loverdp Well-Known Member

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    #8
    Thanks guys for your reply.+rep to all
    That means I can use ICICI bank.Can you tell from where I can find swift code?
    One more question.
    Is it necessary to match the moneybookers account name with my bank account name to withdraw the funds?
    Thanks
     
    loverdp, Dec 20, 2008 IP
  9. CineTube

    CineTube Peon

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    #9
    Visit your ICICI Bank's website for the swift code or make a simple call to them.
    Yes it is necessary that your bank account name should be the same with moneybookers account name otherwise you won't be able to receive the money.
     
    CineTube, Dec 20, 2008 IP
  10. olddocks

    olddocks Notable Member

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    #10
    just be careful with moneybookers. Your bank must have a direct SWIFT code to receive money without problem. Unfortunately only main branches of indian banks in metro cities have that facility.

    I believe SBI is the best for moneybookers as most of them have direct SWIFT codes.
     
    olddocks, Dec 21, 2008 IP
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  11. loverdp

    loverdp Well-Known Member

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    #11
    Can any one tell me from where I can find the SWIFT code?Is there any site for that?
    Any solutions.
     
    loverdp, Dec 21, 2008 IP
  12. deluxdon

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

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    #12
    Go to http://www.swift.com/biconline

    DON.
     
    deluxdon, Dec 21, 2008 IP
  13. jason-standford

    jason-standford Peon

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    #13
    yes you can use it but they dnt accept users from the US so if you are looking to get payments from US thats not the option you are looking for but it can be used in india
     
    jason-standford, Dec 22, 2008 IP
  14. narendergoyal11

    narendergoyal11 Peon

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    #14
    its posible in india bcs paypal working worldwide there servics , paypal r connected to indian banks .so easy any money to easiest.
     
    narendergoyal11, Dec 22, 2008 IP
  15. loverdp

    loverdp Well-Known Member

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    #15
    I am not able to fine the swift code.Can any one help me to find it out?
    ICICI bank.
    Branch:-- Thane (Maharashtra)
    can any find the code for me?
    Thanks.
     
    loverdp, Dec 22, 2008 IP
  16. phyza

    phyza Well-Known Member

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    #16
    I searched it online bt there was no online swift code given for any of Maharashtra branch .. You can call your bank and find it out as its not given online ..You can check it on Swift directory but its not given there
     
    phyza, Dec 22, 2008 IP
  17. olddocks

    olddocks Notable Member

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    #17
    Then that means the bank is not directly connected to SWIFT network. You will need ask your bank branch on how to receive a SWIFT transfer. I believe they would give the SWIFT code of nearest icici branch in your city to re-route the payment.

    You can also visit this site: http://indian-banks.info (some info useful there)
     
    olddocks, Dec 22, 2008 IP
  18. phyza

    phyza Well-Known Member

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    #18
    They don't even have any ICICI branch's swift code listed in Maharashtra city .. If you call your bank they will give you a swift code for some main branch or you can check your bank statement too
     
    phyza, Dec 22, 2008 IP
  19. Ajucoolest

    Ajucoolest Well-Known Member

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    #19
    It is hard to find out as none of the customer care executives are trained to tell us BIC or SWIFT code if you are from small town. In case you are from Metros then you can easily get the SWIFT Code. Like this from Mumbai..

     
    Ajucoolest, Dec 22, 2008 IP
  20. loverdp

    loverdp Well-Known Member

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    #20
    Hey guys,
    BIC and Swift code is same or different?
    And I have talk to my bank office manager he has told me that swift code is not related to branch.It is only related to currency?Is it true?
     
    loverdp, Dec 26, 2008 IP