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Title: Suggestions & Opinions for Banks that allow instant IMPS Post by: karan1498 on September 30, 2017, 10:04:04 AM Hello peoples need your suggestions !!
Please everyone tell me their opinion for the banks that allow instant imps i.e no beneficiary cooling period and stuff and upto the max limit which is 2lcs/tx for IMPS. Also tell me opinions for which banks doesnt poke much in bitcoin transactions keeping in mind (2-25 lacs turnover per day) . I am only aware of two banks with full limits and they are Axis(only through mobile app) , Indusind Bank . Reply is highly appreciated . Thanks . Title: Re: Suggestions & Opinions for Banks that allow instant IMPS Post by: 100bitcoin on September 30, 2017, 12:05:25 PM Also tell me opinions for which banks doesnt poke much in bitcoin transactions keeping in mind (2-25 lacs turnover per day) . I hope u r talking about current accounts. INR 2500000 worth of IMPS per day will red flag almost every bank in India.If u r talking about savings account, be sure to get your account frozen pretty soon and get notice from the bank for explanation. Title: Re: Suggestions & Opinions for Banks that allow instant IMPS Post by: karan1498 on October 01, 2017, 05:13:10 AM Ofcourse current accounts :)
Title: Re: Suggestions & Opinions for Banks that allow instant IMPS Post by: 100bitcoin on October 01, 2017, 11:11:23 AM Ofcourse current accounts :) Even in that case, if u r doing 25L/day through IMPS, bank may ask for your business details, GST registration etc. Though, I guess, NEFT/RTGS wont attract that much of an attention for this amount.Title: Re: Suggestions & Opinions for Banks that allow instant IMPS Post by: karan1498 on October 02, 2017, 04:32:04 AM Even in that case, if u r doing 25L/day through IMPS, bank may ask for your business details, GST registration etc. Though, I guess, NEFT/RTGS wont attract that much of an attention for this amount. Title: Re: Suggestions & Opinions for Banks that allow instant IMPS Post by: bitcoinisbest on October 02, 2017, 04:47:54 AM Even in that case, if u r doing 25L/day through IMPS, bank may ask for your business details, GST registration etc. Though, I guess, NEFT/RTGS wont attract that much of an attention for this amount. Kindly consult your CA before you start dealing in btc with such a huge amount. There is still not much clarity about btc and government my decide to either bring stringent laws or may ban it. So better be cautious as in some time we will hear it soon. Think before you start trading with your 20 lacs approx daily. Title: Re: Suggestions & Opinions for Banks that allow instant IMPS Post by: karan1498 on October 02, 2017, 05:29:22 AM Kindly consult your CA before you start dealing in btc with such a huge amount. There is still not much clarity about btc and government my decide to either bring stringent laws or may ban it. So better be cautious as in some time we will hear it soon. Think before you start trading with your 20 lacs approx daily. I have already started doing it , and all CA hve just question mark on their face when i show this case!! So not much helping me about it . Ill just pay ITR for now |