Feb 07 2009
Business events scheduled for the coming week (AP via Yahoo! Finance)
More info…
Major business events and economic events scheduled for the coming week : MONDAY, Feb. 9 WASHINGTON — Treasury Secretary Timothy Geithner plans a speech outlining the Obama administration’s plan to overhaul the government’s $700 billion financial rescue program.
Web money transfer
Most likely, you’ve come to this section of the website in order to know what your options for sending money to your relatives, friends or a service provider located in a foreign nation are. There’s the bank transfer option available for a person holding a bank account in every country. But wait, this informative guide is just about to begin. International bank transfers, direct deposits or wire transfers are way too expensive, especially if the amount being sent is not much. Besides, these traditional, age-old money sending facilities take a lot of time to process. Besides, there are a lot of security related issues for fund transfers between a few countries. What, then, would one need to do to send the money to someone in another country? Here’s what you would want to do – Make use of the internet’s omni-presence. You guessed it right. You can transfer money to just about anyone, living just about anywhere, at the click of a mouse button. The process could take anywhere from 5 seconds to 3 days or more, depending on the instruments used for fund transfer. Fees, surcharges and exchange rates are low compared to bank transfers. The process could cost lesser and happen quicker, if one chose to get paid through certain methods. Besides, a good number of online payment processors / gateways which aid your request of international money transfer are available and enjoy a good repute, the most popular options being PayPal, e-gold*, moneybookers, WebMoney, Xoom, MoneyGram, etc. Besides, your bank also has opened up to the new vista of online / electronic funds transfer. A lot of these payment processing services just need proof of identification from you, and you’re ready to go. You could be making that transaction within seconds, and your people will receive the money in no time. Besides, they also store the transactions’ history, which helps you track your money transfers. You can upload or add funds to these online payment processor accounts using either cash at hand, your personal bank account or your credit card. The fee charged varies on a particular option and depends largely on the processor’s discretion. Besides, if you’re the one receiving the money, you can withdraw the money stored in these online accounts of yours, either by requesting a check or having the money sent to your bank account. A lot of people are using these options for secure transactions as well, and so can you. *e-gold – a payment processor backed by gold. Your money stored in an e-gold account could either value up or down depending on the fluctuation in rates in the global gold market. Besides, it can be used only for online transactions, and is not largely recognized as a currency, but a commodity. To convert your e-gold into cash, you will need to find an e-gold exchanger.
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