dear friends, RBI have brought new rule that Entropay plastic cards will not work from 17th May. Now my question is it posible to transfer money from entropay account to ICICI bank? What are the limits and how much time it will take for processing?
Yes, Transfer to any of the Indian bank through Entropay is possible, Entropay will initiate the wire transfer and once your funds reach ICICI bank for crediting your account, They are gone put up a thousand questions to you as where you got the money, why is it being sent, who sent, what's the purpose etc.... It's an open fact, Entropay is widely used for gaming purpose, i.e. for deposits and withdrawals from betting and casino websites. In such circumstances, the moment you tell ICICI bank it is the money which you had withdrawn from a gaming / betting website, They would reject the wire transfer