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Need to Send Money...But How ?

Discussion in 'Business & Tax Advice' started by humvee9, Jul 23, 2010.

  1. humvee9

    humvee9 Power Member

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    Guys,

    I dont know if i've posted this in right section or not but here is my question.

    I need to send $5000 to someone in India from Australia and vice-versa, quick and safe as possible.

    Please suggest me the mediums ..if you know any.

    Also i've heard about xoom [dt] kom ... Is it Reliable and Fast ?

    Your help is much appreciated...!

    Thanks
     
  2. Quo_Vadiz

    Quo_Vadiz Regular Member

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    moneybookers , paypal or WU will work
     
  3. humvee9

    humvee9 Power Member

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    Paypal will deduct good chunk of it .. ! is it ?
     
  4. pamon

    pamon Junior Member

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    bank wire is the safest
     
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  5. humvee9

    humvee9 Power Member

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    Never done Bank wire.. but is it instant.. How long will it take ?
     
  6. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    yea, if you're lucky
    or if you're unlucky they deduct the whole and hold it for 180 days for some non-existent security reason for your "protection"
    paypal is a big NO

    try wire instead or WU (but use WU with caution as you can't do chargebacks with it and it will also deduct a good chunk)
     
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  7. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    3-4 business days (a little bit more, a little bit less)
     
  8. humvee9

    humvee9 Power Member

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    True that.. Honeybird..

    That's why it important to ask from real cowboys...

    Basically i am looking something that send the money without too much hassle .. !

    So till now,

    Paypal is Out
    WU is Out
    Wire is still doubtful.. ?
     
  9. DamnTees

    DamnTees Junior Member

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    I wire all my large transfers. Would a paypal masspay work?
     
  10. humvee9

    humvee9 Power Member

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    What's That paypal Masspay ?? Never heard of that...
     
  11. Gromered

    Gromered BANNED BANNED Premium Member

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    Remember that there is a limits when you are sending money from another paypal account into another! Limit was something like 1000$, you can get limit oway, but it takes 2 - 4 days to get limits off.

    Cheers.
     
  12. arbydee2

    arbydee2 Regular Member

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    I would suggest paypal to keep it safe.
     
  13. imlol

    imlol Regular Member

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    You could use escrow, but they will take a 162.50 commission for 5k
     
  14. blackhatdragon

    blackhatdragon Newbie

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    Wire Transfer / Telegraphic Transfer is the best/safest...

    Because it is BANK to BANK ...
     
  15. ElectroMan

    ElectroMan Regular Member

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    I have done international transfers from different parts of the world before and the best way to do it is bank wire. Try to combine payments if you have to rather than sending more wires to avoid the flat wire fees.
     
  16. jclz123

    jclz123 Regular Member

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    Bank wire or western union. You would have to be stupid to Paypal that amount
     
  17. Derik

    Derik Regular Member

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    moneybookers, i have dealt with them , xoom is legit as well.
    why not do western union
     
  18. PEBAL

    PEBAL Newbie

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    I'm located in Canada and was dealing with a website owner in the Ukraine - had a banner on their site - for a number of years and I paid them using Xoom.

    Once you get the banking details ironed out it's a simple process and the fee's don't stick in my mind as being very large.

    Bottom line is that it worked great for me to send cash around the world and it may work for you too.

    Hope this helps.

    Peter
     
  19. humvee9

    humvee9 Power Member

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    Thanks Peter and other fellow commentors,

    So the most reliable method is:
    Bank Wire
    Western Union
    X00m {do t} kom


    Anyother sites that can do the same ?
     
  20. praveenzh0

    praveenzh0 Registered Member

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    xoom com is best one yuo can send 6000 per month