> 
> Well thanks for the information.  So how DO you send national currency 
> to an exchange provider in those places, and how horribly expensive and
> inefficient is it?  From what you suggest, it sounds terrible.
> 
> 
> 
> -- Patrick
> http://fexl.com

I don't know much about India, but as a neighbor who’s living close to
India, I came to know that the Reserve Bank of India has recently
cautioned Business community not to accept e-gold. Please read – 
http://www.helplinelaw.com/news/1002/d_rbi1002.php
And also -
http://www.blonnet.com/iw/2002/10/27/stories/2002102700991000.htm

Since you’ve mentioned about sending national currencies to exchange
providers to buy e-gold, in my case I use my credit card. It’s the only
way for me to buy e-gold since we have a tighter exchange control laws in
my country,  (Sri Lanka) and my card is billed in USD, which is bit
expensive. (USD 1.00 = SLRs.100.00) Banks need some kind of a written
proof before sending a wire transfer in foreign currency!! So wire
transfers are not an option for me.

So far I’ve yet to find another Sri Lankan who has even a slight knowledge
about e-gold!
E-Gold has much to do in this part of the world.

Talking about inefficiency, I’m still waiting for my order, which I put in
Saturday with Graham, although I’m one of their “Preferred Customer” ;-)

-Manoj-   

p/w ""

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