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

C.Savinovich c.savinovich at itntelecom.com
Mon Aug 16 11:22:14 CDT 2010


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

  Maybe it is the bank you are using my friend.  Or maybe the country you
are wiring to.  But to think that in the entire UK there is not one single
financial institution that allows international money wiring from their
portals?

CS

-----Original Message-----
From: asterisk-biz-bounces at lists.digium.com
[mailto:asterisk-biz-bounces at lists.digium.com] On Behalf Of Mitul Limbani
Sent: Sunday, August 15, 2010 1:13 PM
To: Commercial and Business-Oriented Asterisk Discussion
Subject: Re: [asterisk-biz] International DID provider and wholesale A-Z
termination and Dedicated servers supporting moneybooker

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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>
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>
>
>-- 
>Nasir Iqbal
>
>ICT Innovations
>http://www.ictinnovations.com/
>
>
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