I just received an email from EntroPay., stating that they cancelling the Master Card withdrawals in India. Now, people.., Neither Visa Nor Master Card is available for ATM cash-outs. Really RBI is an ASSHOLE. very big shitty. Take a look at the email copy.. SL//
The actions of the authorities are quite difficult to digest, they are hell bent upon taxing small time people leaving behind the big guns.... Wonder if taxation is the reason for such blocks or something else, Perhaps they could allow such withdrawals but put in some rules like updating Pan etc
A lot of other countries have these type of restrictions on funds from abroad. For what purpose I don't know. Whay can't they take the lead from established economies like US/UK/EU etc.
Actually RBI is doing this for regulating money. but the bad thing is we are not cared by RBI. they are not thinking about us. I used entropay for my iTunes , Amazon, Hosting Renewal and some needed service.. now i am in deep shit. RBi must bring some sort of prepaid like credit cards to help us..
RBI is really big shit, you know They take all bull shit actions to avoid frauds and terrorism but they never get rid of this because. its all becoz of curruption which is in the blood of Govt. I am so angry with these guys why all their policies are against common man, we still feel like as were when indian was under british rule. just think are we really enjoying freedom ....Sorry for such language.. I really hate indian policies..
Thats sad for every one.. Just destroyed my entropay card.. looking for alternatives to link with my iTunes, google and amazon checkout Here is a small pic created by me http://karthikeyans.com/post/5405436136/rbi-comic
They actually after every means of bringing money inside india, I guess they should be after going money out as well which is real reason of corruption... Some of the methods are still working but sooner or later they will have to stop their services...
Dear friend, Please tell me is it possible to transfer money from Entropay account to ICICI bank account?
the problem is we were given too much freedom before the rule changed and now its really tough to digest the changes obviously they are been done for some useful purpose but right now we are the loosers
Thanks for your quick reply. Entropay telling that transfer to ICICI is possible. I don't know really possible or not.
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. 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
Indian freelancers should call a protest meeting against Indian government's this decision. After all they won't be able to catch a single bad person this way. They will only kill these innocent freelancers who earn from online with their honest efforts.
Exactly man!! We run a blog.. provide some quality contents.. In the end we suffer to pay our bills even if we have money in our bank.. I get around $700+ a month.. but now i cant pay my $10 server bills and other exp.. since i dont have a credit card