Xoom or Check ?

Discussion in 'Payment Processing' started by swapnil90, Apr 6, 2007.

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  1. Century

    Century Active Member

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    #21
    You Can!!
    Open etrade brokerage account for Non US resident (can be used as normal checking account)
    or
    Buy VMI card ( that card included US Checking account for withdrawal Paypal, moneybookers or other internet payout.)
     
    Century, Apr 7, 2007 IP
  2. swapnil90

    swapnil90 Well-Known Member

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    #22
    I meant what the price is around
     
    swapnil90, Apr 7, 2007 IP
  3. deluxdon

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

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    #23
    Its between 42 to 44 :p
     
    deluxdon, Apr 7, 2007 IP
  4. swapnil90

    swapnil90 Well-Known Member

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    #24
    Should have come down now coz the actual rate has gone down to 43
     
    swapnil90, Apr 7, 2007 IP
  5. uttoransen

    uttoransen Prominent Member

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    #25
    paypal is converting at 41 per $, the rate has gone down.:(
     
    uttoransen, Apr 8, 2007 IP
  6. ewriter

    ewriter Banned

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    #26
    Use xoom for receiving quick cash.
     
    ewriter, Apr 8, 2007 IP
  7. swapnil90

    swapnil90 Well-Known Member

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    #27
    No cash

    Ill transfer it to my bank account
     
    swapnil90, Apr 8, 2007 IP
  8. Kulwinder

    Kulwinder Active Member

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    #28
    Please donot use any US bank acc.s, it is illegal.
    You need the permission of RBI to do that.

    Regards,
    Kulwinder.
     
    Kulwinder, Apr 8, 2007 IP
  9. Century

    Century Active Member

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    #29
    Illegal on India??

    So bad for you :)
    Cause many people on the world used this account..
     
    Century, Apr 8, 2007 IP
  10. uttoransen

    uttoransen Prominent Member

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    #30
    no, not excatly!! if you are using the pickup facility, then it is illeagal, if you use xoom to deposit in the bank account, then it is leagal.:D
     
    uttoransen, Apr 8, 2007 IP
  11. Century

    Century Active Member

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    #31
    Can you tell me what you mean about pickup facility? :D
     
    Century, Apr 8, 2007 IP
  12. Kulwinder

    Kulwinder Active Member

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    #32
    I am talking abt opening a US bank being an Indian citizen is illegal without the consent of RBI. :)
    Not Xoom.

    Regards,
    Kulwinder.
     
    Kulwinder, Apr 8, 2007 IP
  13. Century

    Century Active Member

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    #33
    What is RBI?
    Like Goverment Department on India?
     
    Century, Apr 8, 2007 IP
  14. Kulwinder

    Kulwinder Active Member

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    #34
    RBI is the Reserve Bank of India.
    yes you got that correct :) Father of all banks :)

    Regards,
    Kulwinder.
     
    Kulwinder, Apr 8, 2007 IP
  15. ebiztrendz.com

    ebiztrendz.com Well-Known Member

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    #35
    i prefer xoom, moneybookers then paypal. little extra amount is ok rather then getting checks in one month...
     
    ebiztrendz.com, Apr 8, 2007 IP
  16. TimeIsMoney

    TimeIsMoney Peon

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    #36
    Here in canada it takes 5 business days though, i wonder how much time it takes in india?
     
    TimeIsMoney, Apr 8, 2007 IP
  17. uttoransen

    uttoransen Prominent Member

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    #37
    afficially it should take 18-20 days for the checks, which is usually get! but you can never trust the post, they keep making mistakes and eats our checks attimes:rolleyes:
     
    uttoransen, Apr 8, 2007 IP
  18. raje_2000_21

    raje_2000_21 Peon

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    #38
    If your bank does not support electronic fund transfer than it will something like 15 days to transfer your check. Because they send it through Bank to Bank check.
     
    raje_2000_21, Apr 9, 2007 IP
  19. WHMTalK

    WHMTalK Banned

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    #39
    Could you please confirm when did they start allowing India to India transfer? Last time, when I tried using Xoom to transfer funds to my dad's HDFC account, I had to listen lectures by a Xoom staff. Finally they canceled the transfer and refunded money to my PayPal account.
     
    WHMTalK, Apr 9, 2007 IP
  20. Kulwinder

    Kulwinder Active Member

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    #40
    Actually it acts more like a Depositor as far as I've heard.
    You can use it to transfer funds to your own bank account, or make the Xoom account in the same name as on your dad's bank account and then transfer.

    Regards,
    Kulwinder.
     
    Kulwinder, Apr 9, 2007 IP
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