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Indian Money Transfer System

Discussion in 'Business & Tax Advice' started by K.H.R, May 17, 2017.

  1. K.H.R

    K.H.R Jr. VIP Jr. VIP

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    Hello,

    I have a question for Indian People.
    Hope you will help me...

    What is the money transferring system from India to Overseas?

    Let's say: You bought a site from Flippa for $5K.

    Now how you will pay that money to Flippa?

    What would be the best option?

    What documents required to transfer money?

    Thanks
     
  2. K.H.R

    K.H.R Jr. VIP Jr. VIP

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  3. thesilverhawk619

    thesilverhawk619 Newbie

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    If am not wrong then Flippa accepts only Paypal or Escrow and both of them rip you off with fees. Credit card and Debit cards are accepted and those too take too much fees.
     
  4. akssiv2007

    akssiv2007 Senior Member

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    Flippa offers escrow & PayPal that should the best option. Apart from that wire transfer but that takes times fees are high. The best option as per my knowledge is escrow or PayPal if you prefer that.
     
  5. indianfreak

    indianfreak Power Member

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    The easiest option for overseas payments from India is Credit Card although some payment processors accept Indian Debit Cards as well.
     
  6. X-R0

    X-R0 Regular Member

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    ask for bitcoin payment + escrow
     
  7. siddharth999

    siddharth999 Regular Member

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    not sure about flippa BUT this is what i am using to send money overseas
    paypal attached with SBI credit card (gold) is working ATM for me
     
  8. Gogol

    Gogol Jr. VIP Jr. VIP

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    Credit cards?
     
  9. nathanwebsolution

    nathanwebsolution Jr. VIP Jr. VIP

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    Simply send money using your paypal or credit card, then flippa need a service charge , after you can withdraw money through paypal too, you just need to choose paypal as a payout
     
  10. share4win

    share4win Power Member

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    I hope it's not possible to pay via PayPal for more than $2,000 from India, unless it's a business account. You need to go only with Escrow...