Is it Legal to withdraw funds from Moneybookers

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    • #24709

      I have withdraw some funds from 888poeker, i just wants to know is it legal to withdraw funds from moneybookers into my Bank account. I have withdrawn some funds in the past and i received a call from bank they were asking from where i receive the money.

    • #31309
      Poker Guru
      Participant

      Under FEMA all foreign currency transactions have to be recorded by Banks. Its not illegal but for tax implications consult a CA.

    • #31374

      Bank asking me the purpose of the foreign transaction. wat should i say

    • #24710
      Anonymous
      Inactive

      How much is the amount?

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