Let me know if anyone needs money in India cash.. you can pay me off here in USD. Will give better rate.
Illegal.
Wow, hawala on blind
Shame on you
In India, FEMA (Foreign Exchange Management Act) 2000 and PMLA ( Prevention of Money Laundering Act) 2002 are the two major legislations which make such transactions illegal. Google and go through these acts. If you agree then I would suggest that you delete this post just to be safe.
These are stupid laws so that banks earn money exchanging currencies.
Agreed with Ru$$ian
Once posted.. can never be truly deleted..
Wow. Indians will do jugaad everywhere.
Pigo u r DONE
But.. but... this is totally fine using crypto. Right? #peopleAreInconsistentAF
Chutiya from Delhi?
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Just FYI, this is illegal.
Why it’s illegal??
Foreign exchange transfers are highly regulated due to various reasons - reasons cited include security/the war against drugs/prevention of international money laundering etc. Not that I agree with these reasons.