https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9000138
USD Coin
Cheapest way to send money abroad (Canada)
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Hello everyone,
The subject line is self explanatory. Looking forward to all the advise.
Thank you in advance.
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https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9000524
Hawala operations or acquaintances.
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9000669
Lifafa me bhar ke bhej do Indian post se
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9000785
Probably Wise.com
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9002073
Whats usd coin? Can you explain a bit
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9002087
tiku65667 wrote:
Lifafa mei bhar ke bhej dou Indian post se
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9002227
u need a gst receipt from money exchanger , if caught 200% fine is there
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9002356
Rd_Singh wrote:It's a stable crypto...Whats usd coin? Can you explain a bit
Buy usdc/usdt from any person. (Not preferbly any exchange like binance/wazirx as they will deduct tds as per njew indian law. use any DEX/decentralized exchange).
Now send the usdc/usdt to your friend.
Now when your friend sells that crypto in his country. He'll get fiat currency.
Charge is literally 0% and negative in some cases considering the reciver country's currency's exchange rate at that point.
TL;DR- It's a modern hawala.
https://www.desidime.com/discussions/cheapest-way-to-send-money-abroad-canada?page=1#post_9002514
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ZNZ wrote:
It's a stable crypto...
Buy usdc/usdt from any person. (Not preferbly any exchange like binance/wazirx as they will deduct tds as per njew indian law. use any DEX/decentralized exchange).
Now send the usdc/usdt to your friend.
Now when your friend sells that crypto in his country. He'll get fiat currency.
Charge is literally 0% and negative in some cases considering the reciver country's currency's exchange rate at that point.
TL;DR- It's a modern hawala.
High Risk of Bank Account being Freezed AND Criminal Charges. As these ways are also used by terrorists to transfer the money. We frequently get the email from banks as well to not do such transactions - it's banned by RBI.
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