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works through Karnataka Bank India and the ACH system in the US, it credits the US correspondent account of Karnataka in the US and then transfers on to the recipient, the other way around is more or less the same. This is an India/US only remittance system. It is as safe as Karnataka Bank, so far they are good. The transfers seem to be a bit faster than the usual one week.
What else can I help you with?
What is the best way to transfer money overseas?
The best way to transfer money overseas is through a reputable international money transfer service or a bank wire transfer. These methods are secure, reliable, and offer competitive exchange rates.
What type of money transfer system is Hawala?
A Hawala is a basic money transfer system in the sense that it is a very rapid and quick method of transferring funds to people, as well as save on commission as the bank takes very little.
Can I transfer money to a debit card?
Yes, you can transfer money to a debit card from your bank account or through a money transfer service.
Is hawala legal in the USA?
Hawala, an informal money transfer system, is not illegal in the USA, but it is subject to regulations to prevent money laundering and terrorism financing.
How can I transfer money from Syria to US?
i heard that USA has make economic sanction. I think you can transfer to other country, like China. First you must find a reliable person to help you. You can contact with me: paul83@foxmail.com , and get more detail reference.
What is the best way to transfer money overseas?
The best way to transfer money overseas is through a reputable international money transfer service or a bank wire transfer. These methods are secure, reliable, and offer competitive exchange rates.
What is money transfer service?
Money X
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What type of money transfer system is Hawala?
A Hawala is a basic money transfer system in the sense that it is a very rapid and quick method of transferring funds to people, as well as save on commission as the bank takes very little.
Name one system that can be used to send money worldwide?
One system that can send money worldwide is Western Union. A person can either send money through traditional means by regular mail or they can transfer money online.
What is the role of money transfer systems such as western union money transfer and moneygramm in the economy?
what are the roles of money transfer
What is financial system?
Financial system is a system used by organizationÕs management to exercise financial control and accountability. It allows transfer of money between savers and borrowers.
What is a bacs payment?
Bankers Automated Clearing System a transfer of money electronically from one bank to another without a cheque or postal system.
Can I transfer money to a debit card?
Yes, you can transfer money to a debit card from your bank account or through a money transfer service.
Is hawala legal in the USA?
Hawala, an informal money transfer system, is not illegal in the USA, but it is subject to regulations to prevent money laundering and terrorism financing.
What is the definition of real-time system?
It means your processes are executed in real time. Life money transfer, etc..
How can I transfer money from Syria to US?
i heard that USA has make economic sanction. I think you can transfer to other country, like China. First you must find a reliable person to help you. You can contact with me: paul83@foxmail.com , and get more detail reference.
