Thank you Bank of Baroda for making foreign transactions even harder for us regular, honest folk. Till 2014 the paperwork for sending any telegraphic transfer from a bank was 'only' 10 pages long. 2015 saw the addition of an income tax department online form for every remittance. 2016 will probably see a personal visit from a government sleuth, all thanks to you BoB. Good job.
9 comments
- Autumn LeafYes isn't it so heartwarming to see one's kids and their kids grow, learn, develop and progress in life. But it is beyond my understanding how you explain and justify the killings of infants and toddlers in Gaza, even if it is their parents who are at … See more
- Pratul AgarwalFor me, additional paperwork is passive aggressive way of telling "We don't want your business". On the other side, 15 years ago as a naive guy I walked into Thomas Cook for $ → ₹. They offered me 90% of the going rate. I wanted my $s back and they made me wait for 2 hrs, citing several really silly excuses. I immediately knew that company will be in trouble. Hide
- Shashank DabralAre you trying to send money from US to India or the other way round?? Hide
- Ayush JainRegulations increasing everywhere. Now with new FATCA laws many Indian mutual funds have stopped taking contributions from NRIs. What is worse is they also want their resident indians to fill and submit a form stating they are resident indian. Agreements between govts == More work for us Hide
- Sid MallickWould it be easier to park some dough here and make the payments directly... I meant if u have any customers here in the us Hide
- Pratul AgarwalPratul Agarwal · 10yFor me, additional paperwork is passive aggressive way of telling "We don't want your business". On the other side, 15 years ago as a naive guy I walked into Thomas Cook for $ → ₹. They offered me 90% of the going rate. I wanted my $s back and they made me wait for 2 hrs, citing several really silly excuses. I immediately knew that company will be in trouble.LikeReplyHideEdited
- Shashank DabralShashank Dabral · 10yAre you trying to send money from US to India or the other way round??LikeReplyHide
- Ayush JainAyush Jain · 10y · by authorRegulations increasing everywhere. Now with new FATCA laws many Indian mutual funds have stopped taking contributions from NRIs. What is worse is they also want their resident indians to fill and submit a form stating they are resident indian. Agreements between govts == More work for us LikeReplyHide
- Sid MallickSid Mallick · 10yWould it be easier to park some dough here and make the payments directly... I meant if u have any customers here in the usLikeReplyHide