we have to go to our bank to do international transfers in the uk as well... it's not a problem for most countries, but india is one of the countries you must be there in person for.
On 16 August 2010 17:22, C.Savinovich <c.savinov...@itntelecom.com> wrote: > >> Well I need to go to bank branch even in london for making international > wire transfers. > > Maybe it is the bank you are using my friend. Or maybe the country you > are wiring to. But to think that in the entire UK there is not one single > financial institution that allows international money wiring from their > portals? > > CS > > -----Original Message----- > From: asterisk-biz-boun...@lists.digium.com > [mailto:asterisk-biz-boun...@lists.digium.com] On Behalf Of Mitul Limbani > Sent: Sunday, August 15, 2010 1:13 PM > To: Commercial and Business-Oriented Asterisk Discussion > Subject: Re: [asterisk-biz] International DID provider and wholesale A-Z > termination and Dedicated servers supporting moneybooker > > Well I need to go to bank branch even in london for making international > wire transfers. > > Terrorism n Money Laundering has changed the scenario with banks worldwide. > > Mitul Limbani > Boloh Ltd. > www.boloh.co.uk > > > "C.Savinovich" <c.savinov...@itntelecom.com> wrote: > > > > > > >>>> regarding wire transfers here in pakistan, it takes time and I have to > >visit bank personally > > > > > > > > I straight can't believe you that in Pakistan you have to visit a bank > >personally to make an international wire transfer. It is just not > possible > >that in this date and age banks don't allow international wire transfers > >from their portals. Pakistan is too big of a country for that. unless it > is > >specifically blocked for anti-terrorist reasons. And even so, how can > >thousands of businesses in Pakistan function if they don't have that > feature > >available? > > > > > > > >CS > > > > > > > > > > > >From: asterisk-biz-boun...@lists.digium.com > >[mailto:asterisk-biz-boun...@lists.digium.com] On Behalf Of Nasir Iqbal > >Sent: Saturday, August 14, 2010 9:02 AM > >To: Commercial and Business-Oriented Asterisk Discussion > >Subject: Re: [asterisk-biz] International DID provider and wholesale A-Z > >termination and Dedicated servers supporting moneybooker > > > > > > > >Thanks for feedback , > > > >Just planning to start voip business and regarding wire transfers here in > >pakistan, it takes time and I have to visit bank personally so just > looking > >an alternative payment methods > > > >Regards > > > >On Sat, Aug 14, 2010 at 8:10 AM, Alex Balashov <abalas...@evaristesys.com > > > >wrote: > > > >On 08/13/2010 05:16 PM, Bret McDanel wrote: > >> On Fri, 2010-08-13 at 17:04 -0400, Alex Balashov wrote: > >>> On 08/13/2010 04:49 PM, Bret McDanel wrote: > >>> > >>>> It is weird that there is a higher processing overhead for a paper > check > >>>> (cheque to people on other continents) yet that incurs no cost whereas > a > >>>> wire has much lower processing overhead and its often much more > >>>> expensive. Almost like people in this country are being steered to > use > >>>> the ACH system one way or the other. > >> > >>> As a tiny company, we really can't afford to do it any other way, from > >>> a cash flow perspective. I'm sure there are many others here in the > >>> same boat. > >> > >> > >> That is a different issue > > > >I agree with your points about ACH vs. wire. However, I don't think > >this is really a different issue, from the vantage point of the > >overall topic we're discussing. > > > >The cash flow constraints of (very?) small businesses often engender > >an experience of paper checks as a high-cost, high-overhead, high-PITA > >phenomenon in ways that are economically irrational from a purely > >quantitative perspective. > > > >But the incentives are very different with a small company than a > >midsize or large one. Larger companies don't really operate directly > >from cash; expenses are paid from revolving credit facilities or > >reserves, and in any case, without particular regard to cash income at > >any given moment per se. Revenue and expenses are somewhat abstracted > >from each other, rather than being tightly coupled in a time-sensitive > >way. Bills are paid and payments are collected on more or less 30 day > >terms, and sometimes much more than that, and from a financial > >governance perspective, accrual is what matters. > > > >So, it's almost as if the entire process of concrete money actually > >changing hands per se were a minor technicality, rather than a central > >theme of the company's ability to continue operating. Everyone will > >eventually get their checks in the mail, and the schedule on which > >that happens is largely a function of process and accounting people's > >workflow on both sides. Neither side is overly concerned about it, as > >long as the payment is made at some point within the required terms, > >in principle. The ability to keep the lights on isn't a function of > >the contents of the treasure chest except in the broadest sense possible. > > > >The point - and what makes it relevant to this discussion - is that > >the economics of transacting payment depend on who you're dealing > >with, and mainly their size. > > > > > >-- > >Alex Balashov - Principal > >Evariste Systems LLC > >1170 Peachtree Street > >12th Floor, Suite 1200 > >Atlanta, GA 30309 > >Tel: +1-678-954-0670 > >Fax: +1-404-961-1892 > >Web: http://www.evaristesys.com/ > > > >-- > >_____________________________________________________________________ > > > >-- Bandwidth and Colocation Provided by http://www.api-digital.com -- > > > >asterisk-biz mailing list > >To UNSUBSCRIBE or update options visit: > > http://lists.digium.com/mailman/listinfo/asterisk-biz > > > > > > > > > >-- > >Nasir Iqbal > > > >ICT Innovations > >http://www.ictinnovations.com/ > > > > > >-- > >_____________________________________________________________________ > >-- Bandwidth and Colocation Provided by http://www.api-digital.com -- > > > >asterisk-biz mailing list > >To UNSUBSCRIBE or update options visit: > > http://lists.digium.com/mailman/listinfo/asterisk-biz > -- > _____________________________________________________________________ > -- Bandwidth and Colocation Provided by http://www.api-digital.com -- > > asterisk-biz mailing list > To UNSUBSCRIBE or update options visit: > http://lists.digium.com/mailman/listinfo/asterisk-biz > > > -- > _____________________________________________________________________ > -- Bandwidth and Colocation Provided by http://www.api-digital.com -- > > asterisk-biz mailing list > To UNSUBSCRIBE or update options visit: > http://lists.digium.com/mailman/listinfo/asterisk-biz >
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