Is it possible to withdraw funds from MoneyBookers to Indian Bank Account (Axis Bank). How long does it take to clear the cheque ? Have any one tried withdrawing funds from MoneyBookers to their Indian Bank Account, want to know if they support Axis Bank transfers coz they state that SWIFT is required and Axis Bank supports SWIFT. Is it necessary to add a Credit Card before withdrawl ?
First of all no need to add credit card for withdrawal. I have done it few months back (withdraw funds from moneybookers account to my hdfc bank). You need SWIFT code for that and you can ask for that to your bank. It takes max 4-5 days.
Well the cheque has the IFS code in it. Is it the same as SWIFT coz i've seen in the website of Axis Bank that they support SWIFT and Wire Transfers.
IFSC code and SWIFT code both are different one. BTW you need IFSC code for paypal withdrawal to your indian bank and SWIFT code for moneybookers withdrawal to your indian bank. Better you ask your bank for SWIFT code. DON.