-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Hello Jim,

> Now, I don't for sure all the specifics, but Paul
> Vahur's experience suggests that some wires may be
> interdicted in transfer.  Why?

the SWIFT system (international message system for financial
institutions) works quite strangely - instead of wires going from one
bank to another, they first go to your banks correspondent bank, then
to receiver banks correspondent bank and then to receiver bank. There
could be more links in that chain. 

Delays may be caused by either one of those banks because of various
reasons. Main reason is that someone in the bank is someone there not
doing their work. Also the receiver might lie about not receiving the
wire. Still it's possible to get confirmation from the receivers bank
whether they have or have not received your wire. Ask your bank about
it.

> For example, a friend once wrote
> me a personal check for $10,000.  My bank held it
> for two weeks pending "clearance" not from his bank,
> but from the federal government authorities.  Why?
> Had it been for $9,999, I was told, it would have
> cleared through in less than 2 days.  But, "this
> large amount" was "suspicious" and "had to be checked
> out."  

All the international wires in amount of 10,000 USD and higher are
registered in some federal database in US. AFAIK, all the SWIFT USD
payments go through USA, even if the sender and receiver bank are in
the same country. Same applies to other currencies as well. That's
what I call bizarre. 


Regards,

Paul Vahur
IceGold | http://www.icegold.com
An Accredited Founding Member of 
the eCurrency Trade Association Inc.


-----BEGIN PGP SIGNATURE-----
Version: PGP 6.5.8
Comment: From Paul Vahur's notebook

iQA/AwUBPER6hkkfcBeFLocdEQLMTQCgiKab01ZCqEG6yKdo/Swh0UqaBPUAnjGz
S+teY17uBoYZnD0RlaBayQD0
=lcqb
-----END PGP SIGNATURE-----



---
You are currently subscribed to e-gold-list as: [email protected]
To unsubscribe send a blank email to [EMAIL PROTECTED]

Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) 
via the web and shopping cart interfaces to help thwart keystroke loggers and common 
viruses.

Reply via email to