Best options for indian to deposit Money into Moneybooker/Skrill account?
By sbrn11
@sbrn11 (415)
India
October 7, 2012 11:28am CST
I want to deposit around $100 into my Skrill/Moneybooker account. I'm new to Skrill.
Which would the best and fastest option to deposit money into my Skrill Account.
I am from India. and i don't have a credit card. i have a Visa, Maestro and Visa Electron debit cards from State Bank of India and Syndicate banks, India.
what about making deposit through bank wire?
Please share your experience or opinion.
1 response
@owlwings (43910)
• Cambridge, England
7 Oct 12
I think that you will find it difficult, if not impossible, to make any payments outside of your country without giving full details to your bank (in other words, the RBI) about what that payment is for.
The RBI has ruled that all incoming funds (particularly from payment providers such as PayPal, Payza and Skrill) must be transferred to your bank account within 7 days. They have also made it practically impossible for Indian nationals to send money overseas without proper authorization. Unless you can tell the authorities what your payment is for (using a 'Purpose code') your bank will not be allowed to transfer funds in any way.
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