Hii All , I have a very serious question ... its a very big doubt for me As you are aware many affiliate companies pay via wire ( direct bank transfer ) All you need to provide are 1) Recipient Name 2) Bank Name 3) Bank Account No. 4) Bank IFSC Code Now my question is are they safe ( providing details ) ??? Is your money safe ??? if yes how much safe are they ??? Please help me out so that i don't put me or my money in danger.
Wire Transfer is money transfer handled by the banks, directly from one bank to another. Sometimes they may use an intermediary bank. You should be able to trust the bank because they are highly regulated and as long as the affiliates actually sent the transfer and you provide accurate information, you will always be able to receive the money. It is probably one of the safest means of money transfer in the world. You would not put yourself in any danger because the whole process would be well documentated. Of course, if you do illegal money transfers then you probably need to worry. If all you do is legal stuff then there is nothing to fear at all. Make sure you declare those income for taxes on the money you received to be on the safe side.
Providing these details is safe. It is printed on every check that you write (except the IFSC Code which is public information). Nothing can be done with this information alone.
As far as money being safe... If you are sending, once you send it, it is gone. There is no such thing as chargeback or any dispute for wires. If you are receiving, once you get it, it is yours. The sender can not dispute it. The only questions is, are you going to receive/deliver whatever the payment is being made for.
Thanks for replying Now my doubt is there are some adult affiliate companies that pay via wire ARE THEY SAFE ???
Well, I supposed there are more than 1 adult affiliate companies around so it is difficult to just make a generalized statement to say that they are all safe or they are not. I guess you need to go look around and do the necessary research yourself. I supposed if there are those not paying, it would certainly show up when you search in google. First before you do adult sites, check with your local government if it is legal to run adult sites in your country. Because if I am not wrong, if you receive wire transfers, your bank would know who is sending you money and thus know who you are dealing. If running adult sites are illegal in your country, you might get some visits from your law enforcement agencies soon