E-Gold Account

[╬Switch╬]

Hey does anyone how how e-gold pays and if it is secure? I created one today and would like to know if I need to pay anything to them for my account.Thanks!

[champ_rock]

i read somewhere that having an e-gold aaccount in INdia is illegal by RBI..

i recommend u not use e-gold and instead try out moneybookers .. they r great

[╬Switch╬]

Thanks for the info. Ill stop using my account now and does anyone if I can delete my account?

[Sukhdeep Singh]

No No, Egold account is illegal just that it is used by scammers on HYIP related forums/sites

[champ_rock]

Originally Posted by sukhdeepsinghkohli

No No, Egold account is illegal just that it is used by scammers on HYIP related forums/sites

no i read somewhere that RBI does not allow trade in foreign gold without prior consent ..

related articles- http://www.blonnet.com/iw/2002/10/27...2700991000.htm

[Sukhdeep Singh]

Thats a Five year old article bro.

There is even site for Egold in India
http://india.thegoldshop.biz/

[champ_rock]

oops did not check the date of that article.. i am still not sure..

but persoanlly i stay away from e-gold because of 2 reasons:
1. i fear RBI
2. i could never understand there currency system.. it denominates everything in gold and silver and all crap rather than $$ ... very confusing

[Sukhdeep Singh]

Yeah, Egold is not sucessfull

1. Too confusing. In order to add money, you have to go to third party site and withdraw as well i think.
2. No Chargeback Protection like Paypal.
3. Looks sucks

[champ_rock]

scamsters can make beter looking sites IMO..

[╬Switch╬]

Thanks for the info all u guys!

[vikassethi]

www.moneybookers.com is the most cost effective site I have ever used. recently I got $3300 transfered to my account in India and they charged me $3.40 for that.

No-one in the whole world charges less than $25 for a wire transfer except them.