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Q: online money transfer ( Answered,   7 Comments )
Question  
Subject: online money transfer
Category: Business and Money > Small Businesses
Asked by: misterben-ga
List Price: $5.00
Posted: 14 Jun 2002 17:36 PDT
Expires: 21 Jun 2002 17:36 PDT
Question ID: 26195
i want to know diffrent ways of transfering money on line to a foreign
country,e.g. from USA to Nigeria using credit card.A secure and
efficient way.

Request for Question Clarification by jon-ga on 14 Jun 2002 17:42 PDT
Greetings.

Do you want to transfer the money to a bank account?
Answer  
Subject: Re: online money transfer
Answered By: richard-ga on 14 Jun 2002 18:26 PDT
 
Hello and thanks for your question

You can open a bank account online at Chartered Bank in Nigeria
< www.charteredbank.com/account_opening_form.htm >
To transfer funds to that account via credit card, you'd need to take
a cash advance against your card here in the US, and then have a US
bank wire the funds into your Nigerian account.
That done, if you wanted to send funds to an individual in Nigeria,
you could simply send them a check drawn on your Nigerian account.

CAUTION
I hope you've not been drawn into the notorious Nigerian email scam.
You can read about it at
< home.rica.net/alphae/419coal/ >
< www.embassy.org/embassies/ng.html >
< www.oregonandwesternwa.bbb.org/release.html?value=73 >

Thanks for using Google Answers !
Comments  
Subject: Re: online money transfer
From: atichri-ga on 14 Jun 2002 19:03 PDT
 
The MUCH simpler way would be to use Citibank's c2it service, which
allows you to transfer money to Nigeria for a nominal fee. Check out
the service at www.c2it.com  You open an account at the c2it, fund it
for as much as you want to send (your funding options are credit card
or bank account), and send it to Nigeria with a click.
Subject: Re: online money transfer
From: paco-ga on 14 Jun 2002 19:58 PDT
 
Since you mention Nigeria in your question, I just have to throw out
this comment for your own safety.  There is a very popular scam out
there that involves sending out letters that look real. They say that
you'll get a share of millions of dollars if you help these people
through some legal red tape.  It's a complete hoax, and you'll be
robbed blind if you play along.  Here are some links that describe the
scam in detail.

From the Iowa Attorney General
http://www.state.ia.us/government/ag/consumer/press_releases/2001/nigeria_general_rel.html

ABC News:
http://abcnews.go.com/sections/world/DailyNews/nigeriafraud_000901.html

Regards,
Paco
Subject: Re: online money transfer
From: jon-ga on 15 Jun 2002 05:08 PDT
 
Greetings, misterben.

Like atichri-ga, I would also suggest Citibank's c2it service at
www.c2it.com. You should be aware that to transfer money to some
countries (Nigeria is one of them), you must be transferring at least
250 USD.
Subject: Re: online money transfer
From: memetic-ga on 17 Jun 2002 18:33 PDT
 
How about these for an alternative way of shifting cash?

Goldmoney
http://goldmoney.com/

e-gold
http://www.e-gold.com/

The basic idea is that you shift ownership of gold held in Escrow.
Subject: Re: online money transfer
From: asciiquestion-ga on 18 Jun 2002 15:55 PDT
 
You can also use http://www.westernunion.com/ to transfer funds to an
individual in any of 185 countries (including Nigeria).  The recipient
would need to provide indentification and the answer to a test
question that you can create.  This can all be done online with a
credit card.  I believe the fee is based on the amount transferred.
Subject: Re: online money transfer
From: waron-ga on 20 Jun 2002 10:55 PDT
 
This is reference to atichri-ga's suggestion. Never use www.c2it.com
if you want to send money by a check. It has taken two weeks and still
my money to India has not reached. The website is dumb! You'll never
know what the status of your transaction is unless you call the 1-800
number.

Once you've accepted the transaction, there's no way you can cancel it
(online) except by calling the 1-800 number.
Subject: Re: online money transfer
From: mplungjan-ga on 20 Jun 2002 23:56 PDT
 
http://www.paypal.com/

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