we have to go to our bank to do international transfers in the uk as well... it's not a problem for most countries, but india is one of the countries you must be there in person for.<br><br><div class="gmail_quote">On 16 August 2010 17:22, C.Savinovich <span dir="ltr"><<a href="mailto:c.savinovich@itntelecom.com">c.savinovich@itntelecom.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"><div class="im">>> Well I need to go to bank branch even in london for making international<br>
wire transfers.<br>
<br>
</div> Maybe it is the bank you are using my friend. Or maybe the country you<br>
are wiring to. But to think that in the entire UK there is not one single<br>
financial institution that allows international money wiring from their<br>
portals?<br>
<font color="#888888"><br>
CS<br>
</font><div class="im"><br>
-----Original Message-----<br>
From: <a href="mailto:asterisk-biz-bounces@lists.digium.com">asterisk-biz-bounces@lists.digium.com</a><br>
</div><div><div></div><div class="h5">[mailto:<a href="mailto:asterisk-biz-bounces@lists.digium.com">asterisk-biz-bounces@lists.digium.com</a>] On Behalf Of Mitul Limbani<br>
Sent: Sunday, August 15, 2010 1:13 PM<br>
To: Commercial and Business-Oriented Asterisk Discussion<br>
Subject: Re: [asterisk-biz] International DID provider and wholesale A-Z<br>
termination and Dedicated servers supporting moneybooker<br>
<br>
Well I need to go to bank branch even in london for making international<br>
wire transfers.<br>
<br>
Terrorism n Money Laundering has changed the scenario with banks worldwide.<br>
<br>
Mitul Limbani<br>
Boloh Ltd.<br>
<a href="http://www.boloh.co.uk" target="_blank">www.boloh.co.uk</a><br>
<br>
<br>
"C.Savinovich" <<a href="mailto:c.savinovich@itntelecom.com">c.savinovich@itntelecom.com</a>> wrote:<br>
<br>
><br>
><br>
>>>> regarding wire transfers here in pakistan, it takes time and I have to<br>
>visit bank personally<br>
><br>
><br>
><br>
> I straight can't believe you that in Pakistan you have to visit a bank<br>
>personally to make an international wire transfer. It is just not possible<br>
>that in this date and age banks don't allow international wire transfers<br>
>from their portals. Pakistan is too big of a country for that. unless it<br>
is<br>
>specifically blocked for anti-terrorist reasons. And even so, how can<br>
>thousands of businesses in Pakistan function if they don't have that<br>
feature<br>
>available?<br>
><br>
><br>
><br>
>CS<br>
><br>
><br>
><br>
><br>
><br>
>From: <a href="mailto:asterisk-biz-bounces@lists.digium.com">asterisk-biz-bounces@lists.digium.com</a><br>
>[mailto:<a href="mailto:asterisk-biz-bounces@lists.digium.com">asterisk-biz-bounces@lists.digium.com</a>] On Behalf Of Nasir Iqbal<br>
>Sent: Saturday, August 14, 2010 9:02 AM<br>
>To: Commercial and Business-Oriented Asterisk Discussion<br>
>Subject: Re: [asterisk-biz] International DID provider and wholesale A-Z<br>
>termination and Dedicated servers supporting moneybooker<br>
><br>
><br>
><br>
>Thanks for feedback ,<br>
><br>
>Just planning to start voip business and regarding wire transfers here in<br>
>pakistan, it takes time and I have to visit bank personally so just looking<br>
>an alternative payment methods<br>
><br>
>Regards<br>
><br>
>On Sat, Aug 14, 2010 at 8:10 AM, Alex Balashov <<a href="mailto:abalashov@evaristesys.com">abalashov@evaristesys.com</a>><br>
>wrote:<br>
><br>
>On 08/13/2010 05:16 PM, Bret McDanel wrote:<br>
>> On Fri, 2010-08-13 at 17:04 -0400, Alex Balashov wrote:<br>
>>> On 08/13/2010 04:49 PM, Bret McDanel wrote:<br>
>>><br>
>>>> It is weird that there is a higher processing overhead for a paper<br>
check<br>
>>>> (cheque to people on other continents) yet that incurs no cost whereas<br>
a<br>
>>>> wire has much lower processing overhead and its often much more<br>
>>>> expensive. Almost like people in this country are being steered to use<br>
>>>> the ACH system one way or the other.<br>
>><br>
>>> As a tiny company, we really can't afford to do it any other way, from<br>
>>> a cash flow perspective. I'm sure there are many others here in the<br>
>>> same boat.<br>
>><br>
>><br>
>> That is a different issue<br>
><br>
>I agree with your points about ACH vs. wire. However, I don't think<br>
>this is really a different issue, from the vantage point of the<br>
>overall topic we're discussing.<br>
><br>
>The cash flow constraints of (very?) small businesses often engender<br>
>an experience of paper checks as a high-cost, high-overhead, high-PITA<br>
>phenomenon in ways that are economically irrational from a purely<br>
>quantitative perspective.<br>
><br>
>But the incentives are very different with a small company than a<br>
>midsize or large one. Larger companies don't really operate directly<br>
>from cash; expenses are paid from revolving credit facilities or<br>
>reserves, and in any case, without particular regard to cash income at<br>
>any given moment per se. Revenue and expenses are somewhat abstracted<br>
>from each other, rather than being tightly coupled in a time-sensitive<br>
>way. Bills are paid and payments are collected on more or less 30 day<br>
>terms, and sometimes much more than that, and from a financial<br>
>governance perspective, accrual is what matters.<br>
><br>
>So, it's almost as if the entire process of concrete money actually<br>
>changing hands per se were a minor technicality, rather than a central<br>
>theme of the company's ability to continue operating. Everyone will<br>
>eventually get their checks in the mail, and the schedule on which<br>
>that happens is largely a function of process and accounting people's<br>
>workflow on both sides. Neither side is overly concerned about it, as<br>
>long as the payment is made at some point within the required terms,<br>
>in principle. The ability to keep the lights on isn't a function of<br>
>the contents of the treasure chest except in the broadest sense possible.<br>
><br>
>The point - and what makes it relevant to this discussion - is that<br>
>the economics of transacting payment depend on who you're dealing<br>
>with, and mainly their size.<br>
><br>
><br>
>--<br>
>Alex Balashov - Principal<br>
>Evariste Systems LLC<br>
>1170 Peachtree Street<br>
>12th Floor, Suite 1200<br>
>Atlanta, GA 30309<br>
>Tel: +1-678-954-0670<br>
>Fax: +1-404-961-1892<br>
>Web: <a href="http://www.evaristesys.com/" target="_blank">http://www.evaristesys.com/</a><br>
><br>
>--<br>
>_____________________________________________________________________<br>
><br>
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><br>
><br>
><br>
>--<br>
>Nasir Iqbal<br>
><br>
>ICT Innovations<br>
><a href="http://www.ictinnovations.com/" target="_blank">http://www.ictinnovations.com/</a><br>
><br>
><br>
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