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Internet banking
#1
Let's share our experience in dealing with internet baking. What are the opportunities of this system.
“Love is like a booger. You keep picking at it until you get it, then wonder what to do with it.”
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#2
<!-- m --><a class="postlink" href="http://en.wikipedia.org/wiki/Online_banking">http://en.wikipedia.org/wiki/Online_banking</a><!-- m -->
useful information about internet banking
If a kid asks where rain comes from, I think a cute thing to tell him is "God is crying." And if he asks why God is crying, another cute thing to tell him is "Probably because of something you did."

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#3
There are a lot of online banking frauds over the past few years.
Read this
<!-- m --><a class="postlink" href="http://news.bbc.co.uk/2/hi/uk_news/politics/6177555.stm">http://news.bbc.co.uk/2/hi/uk_news/politics/6177555.stm</a><!-- m -->
“Love is like a booger. You keep picking at it until you get it, then wonder what to do with it.”
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#4
This is why banks will usually limit your transactions over internet at 10.000. And you have to fax them a special form to withdraw or transfer larger amounts.
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#5
Hakan G Wrote:This is why banks will usually limit your transactions over internet at 10.000. And you have to fax them a special form to withdraw or transfer larger amounts.

Yep, it's for the security reason and if you would like to proceed more than that amount, then you have to sign for a document to get it approved!
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#6
you mean every transaction will require a special application? That creates a lot of discomfort and waste of time.
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#7
No. You'll need to sign a special form only when you exceed the 10K figure.
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#8
Well, it depends on banks though. I remember we had to transfer a large amount from an UK bank to a bank in Somalia. The bank had the same limits but per transaction, not per day, or month. So we just made some more transactions with amounts less than 10K, like 8K, 9K...So if you're not comfortable with transaction limits, you may try this trick Confuseduper
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#9
What are the commissions that the system charges for a 10k transaction?
“Love is like a booger. You keep picking at it until you get it, then wonder what to do with it.”
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#10
It depends on each bank...
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#11
The international money transfer system UniStream is worthy company to deal with. Their charge will not exceed three digits amounts, regardless of your transaction amount.
If a kid asks where rain comes from, I think a cute thing to tell him is "God is crying." And if he asks why God is crying, another cute thing to tell him is "Probably because of something you did."

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#12
Commisions is not the only down side of this company. I sent some money from US to Europe in september, they lost my money and still cannot find where or to whom they went. Fortunatley it was only 2000$, not a big deal anyways.
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