[asterisk-biz] International DID provider and wholesale A-Z termination and Dedicated servers supporting moneybooker

Mitul Limbani mitul at enterux.com
Sun Aug 15 12:12:32 CDT 2010


Well I need to go to bank branch even in london for making international wire transfers. 

Terrorism n Money Laundering has changed the scenario with banks worldwide. 

Mitul Limbani
Boloh Ltd.
www.boloh.co.uk


"C.Savinovich" <c.savinovich at itntelecom.com> wrote:

> 
>
>>>> regarding wire transfers here in pakistan, it takes time and I have to
>visit bank personally
>
> 
>
>  I straight can't believe you that in Pakistan you have to visit a bank
>personally to make an international wire transfer.  It is just not possible
>that in this date and age banks don't allow international wire transfers
>from their portals.  Pakistan is too big of a country for that. unless it is
>specifically blocked for anti-terrorist reasons.  And even so, how can
>thousands of businesses in Pakistan function if they don't have that feature
>available?
>
> 
>
>CS
>
> 
>
> 
>
>From: asterisk-biz-bounces at lists.digium.com
>[mailto:asterisk-biz-bounces at lists.digium.com] On Behalf Of Nasir Iqbal
>Sent: Saturday, August 14, 2010 9:02 AM
>To: Commercial and Business-Oriented Asterisk Discussion
>Subject: Re: [asterisk-biz] International DID provider and wholesale A-Z
>termination and Dedicated servers supporting moneybooker
>
> 
>
>Thanks for feedback , 
>
>Just planning to start voip business and  regarding wire transfers here in
>pakistan, it takes time and I have to visit bank personally so just looking
>an alternative payment methods 
>
>Regards
>
>On Sat, Aug 14, 2010 at 8:10 AM, Alex Balashov <abalashov at evaristesys.com>
>wrote:
>
>On 08/13/2010 05:16 PM, Bret McDanel wrote:
>> On Fri, 2010-08-13 at 17:04 -0400, Alex Balashov wrote:
>>> On 08/13/2010 04:49 PM, Bret McDanel wrote:
>>>
>>>> It is weird that there is a higher processing overhead for a paper check
>>>> (cheque to people on other continents) yet that incurs no cost whereas a
>>>> wire has much lower processing overhead and its often much more
>>>> expensive.  Almost like people in this country are being steered to use
>>>> the ACH system one way or the other.
>>
>>> As a tiny company, we really can't afford to do it any other way, from
>>> a cash flow perspective.  I'm sure there are many others here in the
>>> same boat.
>>
>>
>> That is a different issue
>
>I agree with your points about ACH vs. wire.  However, I don't think
>this is really a different issue, from the vantage point of the
>overall topic we're discussing.
>
>The cash flow constraints of (very?) small businesses often engender
>an experience of paper checks as a high-cost, high-overhead, high-PITA
>phenomenon in ways that are economically irrational from a purely
>quantitative perspective.
>
>But the incentives are very different with a small company than a
>midsize or large one.  Larger companies don't really operate directly
>from cash;  expenses are paid from revolving credit facilities or
>reserves, and in any case, without particular regard to cash income at
>any given moment per se.  Revenue and expenses are somewhat abstracted
>from each other, rather than being tightly coupled in a time-sensitive
>way.  Bills are paid and payments are collected on more or less 30 day
>terms, and sometimes much more than that, and from a financial
>governance perspective, accrual is what matters.
>
>So, it's almost as if the entire process of concrete money actually
>changing hands per se were a minor technicality, rather than a central
>theme of the company's ability to continue operating.  Everyone will
>eventually get their checks in the mail, and the schedule on which
>that happens is largely a function of process and accounting people's
>workflow on both sides.  Neither side is overly concerned about it, as
>long as the payment is made at some point within the required terms,
>in principle.  The ability to keep the lights on isn't a function of
>the contents of the treasure chest except in the broadest sense possible.
>
>The point - and what makes it relevant to this discussion - is that
>the economics of transacting payment depend on who you're dealing
>with, and mainly their size.
>
>
>--
>Alex Balashov - Principal
>Evariste Systems LLC
>1170 Peachtree Street
>12th Floor, Suite 1200
>Atlanta, GA 30309
>Tel: +1-678-954-0670
>Fax: +1-404-961-1892
>Web: http://www.evaristesys.com/
>
>--
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>
>-- 
>Nasir Iqbal
>
>ICT Innovations
>http://www.ictinnovations.com/
>
>
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