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Old 29-08-2015, 09:35 PM
harry883 harry883 is offline
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Default Hi i m harry doubt regarding skrill and NT

Hi i m harry from india

i just started trading in shares and forex

so i want to invest through neteller or skrill

But wondering how much i have to upload(deposit) in INR to get 1$ of usd in neteller or skrill

can any from india using neteller or skrill can answer me

Thanks in advance!
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Old 29-08-2015, 09:53 PM
asnavale asnavale is offline
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It depends on the bank through which you transfer the money. The bank has the exchange rate for selling dollars and also charges for transfer.

-Anant
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Old 30-08-2015, 11:59 AM
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Originally Posted by asnavale View Post
It depends on the bank through which you transfer the money. The bank has the exchange rate for selling dollars and also charges for transfer.

-Anant

Hi dear r u from india!

ok then tell me u did exchange before NT to INR
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Old 30-08-2015, 12:20 PM
asnavale asnavale is offline
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Originally Posted by harry883 View Post
Hi dear r u from india!

ok then tell me u did exchange before NT to INR

Yes, I am from India.

I have transferred money only through banks in India. Not through other means.

-Anant
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Old 30-08-2015, 04:17 PM
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Originally Posted by asnavale View Post
Yes, I am from India.

I have transferred money only through banks in India. Not through other means.

-Anant

then how much did u get for 1 USD in INR

i mean my friend said that if we withdrawl 1 usd(rs.66.71 at present rate) in neteller to our indian bank we will 10% less of market indian price of USD
i mean rs.60 only , is this true.
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Old 30-08-2015, 09:25 PM
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As far as I know Banks will not allow you to transfer money for Forex trading , if they know that this transaction is happening for a forex trading .
So outward remittance is going to be a problem . I dont think that in inward remittance , such a huge % is deducted .
Every bank has Buy/Sell rates for every currency , which may be Rs.1-2 diff on the base rate on that particular day . Check with a nearby bank .
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Old 30-08-2015, 10:03 PM
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Originally Posted by Sunshine View Post
As far as I know Banks will not allow you to transfer money for Forex trading , if they know that this transaction is happening for a forex trading .
So outward remittance is going to be a problem . I dont think that in inward remittance , such a huge % is deducted .
Every bank has Buy/Sell rates for every currency , which may be Rs.1-2 diff on the base rate on that particular day . Check with a nearby bank .

Thank you so much dear for your reply!
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