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[WALLET ENCYCLOPEDIA] Bank Transfer Limits and Charges For Various Wallets (Comments Welcome)

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Deal Lieutenant
gurucoupon

Dosto,

I've seen a lot of people ask about the charges, daily limits, monthly limits, etc. as far as transferring funds in the different wallets to a bank account is concerned. So I thought to create a list with help from you amazing hunters/dimers. The list will be based on comments here & will be updated from time to time.

Let's share our knowledge. wink


Here is the Google spreadsheet which contains user-contributed wallet limits and charges: https://docs.google.com/spreadsheets/d/1vxTJ7tm... This spreadsheet will be maintained by "@gurucoupon":https://www.desidime.com/users...87 and "@DealSeeker":https://www.desidime.com/users/...42. Please tag either of these users when you want to contribute an update to the spreadsheet data.
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Deal Subedar Deal Subedar
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@bargainhunter wrote:

@maxdealer wrote:

Hi. R there any wallet/tc card etc offers that one can avail through amex card, etc and then transfer money bk to bnk?


Udio?


Watt in udio??

Deal Subedar Deal Subedar
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@maxdealer wrote:

Hi. R there any wallet/tc card etc offers that one can avail through amex card, etc and then transfer money bk to bnk?


Udio?

Deal Subedar Deal Subedar
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Hi. R there any wallet/tc card etc offers that one can avail through amex card, etc and then transfer money bk to bnk?

Deal Colonel Deal Colonel
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@gurucoupon inactive ogya ?? https://cdn2.desidime.com/assets/textile-editor/icon_rolleyes.gif

Deal Captain Deal Captain
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@anilenggworks77964 wrote:

@aswaniexpress wrote:

@DealSeeker and @gurucoupon

Another wallet of interest : ZETA
https://play.google.com/store/apps/details?id=i...


are you able to transfer money to bank account using this wallet. Can you please share more details. TIA


No. I dont have much details about this..just heard/saw in DD only. we can load using debit/credit card and we will get a visa card from app and we can use that card to shop online.

Helpful Helpful
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Nice Post, used for transferring tc to bank KG

Perfectionist Perfectionist
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@bargainhunter wrote:

@DealSeeker wrote:

@panchabhut wrote:

Any charge by BMS Wallet for transferring to bank


Yes, 2%. And there is a withdrawal limit of 500 per month AFAIK.

Withdrawal limit https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif

Ah, I realized the blunder as soon as I posted it. But then there was no way to edit the post as this is a sticky thread. Mixed it up with the RBL/Udio free withdrawal limit. CC @panchabhut

@admin For the nth time, please allow edits for sticky threads. Isn’t the 24-hour edit restriction good enough? :-/

Deal Subedar Deal Subedar
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@DealSeeker wrote:

@panchabhut wrote:

Any charge by BMS Wallet for transferring to bank


Yes, 2%. And there is a withdrawal limit of 500 per month AFAIK.

Withdrawal limit https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif

Perfectionist Perfectionist
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@panchabhut wrote:

Any charge by BMS Wallet for transferring to bank


Yes, 2%. And there is a withdrawal limit of 500 per month AFAIK.

Benevolent Benevolent
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Any charge by BMS Wallet for transferring to bank

Deal Cadet Deal Cadet
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@jerryn70 wrote:

@DealSeeker sbi chargers 3% for bank transfer


Please someone update these in sheet too.

Talk-Of-The-Town Talk-Of-The-Town
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Guys, any of you using Freecharge to withdraw money to bank? I’ve been using it for past 3-4 months without any issue but since last week i’m unable to do so. Earlier you could withdraw money after 7 days of loading it, without any charge. I tried and failed many times in last one week.
When I contacted their CC, this is what they wrote back.
p((. Thank you for writing in.

This is with reference to your email regarding blocking of certain features in your Freecharge account.

At the outset, we apologize for the inconvenience caused.

We wish to inform you that, as a fraud prevention & security control measure, Freecharge has put in place automated transaction rules, which restricts any unwarranted misuse of your Freecharge account or credit/debit cards associated with the Freecharge account.

Accordingly, in order to curb any misuse our system automatically restricts the Freecharge accounts to withdraw the amount for 30 days. However, in the interim time period, you are free to use the amount loaded for any recha rges or third party merchant transactions.

If you have any further issues, do reach out to us and we shall be happy to help you.

FreeCharge Team

But this is BS. Because the money I was trying to withdraw was in my wallet for more than a month.
Any of you have any idea why this is happening, or faced a similar problem on FC?
Also, anyone knows any other wallet where I can load upto 10k a month through CC and can transfer to bank without any charges?

Deal Newbie Deal Newbie
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How to add money in perfect money acCount

Perfectionist Perfectionist
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@the king wrote:

@DealSeeker @gurucoupon 1 more bad news
Udio allows only 500rs per month free now. After that Rs10 or 2.95% processing fees whichever is higher will be charged.


Yeah, this change was highlighted by someone in a dedicated thread earlier this month. But, like Paytm, Udio charges only 1% for bank withdrawals from KYC accounts. Also, the first 2500 withdrawal is free every month for KYC accounts.

By the way. another thing I noticed with Udio is that despite what their FAQs say, now they allow only 4 total load transactions per day. Earlier, you could do as many loading transactions as you wanted with a limit of 2 transactions per unique debit/credit card number.

Deal Captain Deal Captain
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@DealSeeker @gurucoupon 1 more bad news
Udio allows only 500rs per month free now. After that Rs10 or 2.95% processing fees whichever is higher will be charged.

Deal Lieutenant Deal Lieutenant
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Mobikwik is 4%

Deal Cadet Deal Cadet
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mobikwik charges

Deal Cadet Deal Cadet
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@DealSeeker sbi chargers 3% for bank transfer

Perfectionist Perfectionist
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@DealLooter wrote:

@gurucoupon @DealSeeker Is that sheet up-to-date?


Unfortunately, no.

Deal Lieutenant Deal Lieutenant
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@gurucoupon @DealSeeker Is that sheet up-to-date?

Helpful Helpful
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I have 5000 youfirst gift card and want to transfer it to bank without any charges and faster.
What is the best option?

Analyst Analyst
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DBS Netbanking now live on some websites
Hello Shopaholics,

While you’re adding items to your cart, we’re adding new ways for you to live more, bank less.

That’s right! You can now pay at other partner websites via the net-banking payment option by entering your digibank login ID & password of digibank app. Want to know how?

Below are the steps:

Select product(s) on the merchant website & add them to cart

Click on payment option

Select pay through net-banking

Select digibank by DBS

Enter your digibank login ID & password

Enter transaction remarks

You will receive an OTP on the mobile number registered with digibank. Enter the OTP & click on OK

It’s done! You will get “payment successful” message & be routed back to merchant site

Please note currently this feature will be available at selected websites. T&C Apply.

@DealSeeker
@A2Zdeals
@rajrocks
@SLAYER
@@esakkiraja@@

Deal Subedar Deal Subedar
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Please add, IF VCC or Physical card is available, then where these cards can be or can not be used.

Deal Subedar Deal Subedar
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JioMoney charges more than 4%(include taxes also as per Jio CC) for bank transfer. The maximum limit is Rs. 2000/month.

Loaded Rs. 2000, was only able to transfer Rs.1912 as Rs.87.5 was deducted as transactional charges.

Pretty much useless as mode of payment is NEFT still.

Deal Subedar Deal Subedar
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@aswaniexpress wrote:

other wallets of interest.

1. Airtel Money
2. Vodafone m-Pesa
3. Idea Money
4. JIO Money.
5. CUB ewallet – WALLET by CIti Union Bank.
6. Ziggit – WALLET by IDFC Bank.
7. chillr – WALLET by HDFC.
8. Aircel Money
9. Itz Cash wallet.


Which of these wallets also provide virtual cards?

Deal Subedar Deal Subedar
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JioMoney not allowing free withdrawal to bank ac for even 2000 Rs. – Any idea?

Deal Cadet Deal Cadet
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Is loading of money and transfer to any bank account is free on dbs wallet ?
What type transfer is it using imps or neft ?

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