Send cash with bitcoins (+60 000 offices around the world) - page 2.

paraipan

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Quote from: bitcool on February 16, 2012, 09:57:01 PM

Quote from: paraipan on February 16, 2012, 09:19:55 PM

i understand you are not a native english speaker, as me, by "no boundaries" they mean "no frontiers" and yes they have limits like all money services do.

Thank you for being nice enough explaining the word "boundaries".
Now since you've admitted there IS a limit, should you let your potential (if any) customer know what those limits are?
Since you collect your customer's personal information, what will your privacy policy be and how are you going to do safekeeping? Should they know your information as well?

fixed that, i'm not a native english speaker

The sending limits depend on every receiving office and are posted on the CONTACT page. Personal information is only used to make the actual transaction and saved for a reasonable amount of time to comply with regulations. Disclosure of any kind of personal info isn't made to any third parties not involved in the actual transaction. My personal information is provided upon request and stated in the receipt too.

bitcool

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Live and enjoy experiments

Quote from: paraipan on February 16, 2012, 09:19:55 PM

i understand you are not a native english speaker as I am, by "no boundaries" they mean "no frontiers" and yes they have limits like all money services do.

Thank you for being nice enough explaining the word "boundaries".
Now since you've admitted there IS a limit, should you let your potential (if any) customer know what those limits are?
Since you collect your customer's personal information, what will your privacy policy be and how are you going to do safekeeping? Should they know your information as well?

paraipan

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Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: genjix on February 16, 2012, 09:24:56 PM

.....

i already answered you in the thread you posted this first

https://bitcointalksearch.org/topic/m.753541

genjix

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Activity: 1232

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Anyone who does business with this guy would be highly unethical. He has used the law (which exists to protect customers) as a commercial weapon. He has a conflict of interest. It is when companies (and large corporations) use the law in this manner that a society becomes corrupt. This guy is a promoter of corruption.

http://bitcoinmedia.com/bitcoinica-legal-complaint/

paraipan

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Quote from: bitcool on February 16, 2012, 09:06:44 PM

Quote from: paraipan on February 16, 2012, 08:47:45 PM

Quote from: RaggedMonk on February 16, 2012, 08:35:45 PM

Are you an employee or owner of CONTACT? Or are you some sort of affiliate? What is your AML program for this service?

affiliate thanks to okpay.com. I collect and store sender identification and receiver is identified before collecting funds. I comply with the service sending limits that are under AML regulations.

What sending limit?
According to okpay webstie:
>> No Boundaries: OKPAY Company service is available worldwide with practically no limit on transaction amounts and volumes;

Edit: says benefit #7, link https://www.okpay.com/en/solutions/freelance.html

i understand you are not a native english speaker as me, by "no boundaries" they mean "no frontiers" and yes they have limits like all money services do.

bitcool

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Activity: 1441

Merit: 1000

Live and enjoy experiments

Quote from: paraipan on February 16, 2012, 08:47:45 PM

Quote from: RaggedMonk on February 16, 2012, 08:35:45 PM

Are you an employee or owner of CONTACT? Or are you some sort of affiliate? What is your AML program for this service?

affiliate thanks to okpay.com. I collect and store sender identification and receiver is identified before collecting funds. I comply with the service sending limits that are under AML regulations.

What sending limit?
According to okpay webstie:
>> No Boundaries: OKPAY Company service is available worldwide with practically no limit on transaction amounts and volumes;

Edit: says benefit #7, link https://www.okpay.com/en/solutions/freelance.html

paraipan

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Activity: 924

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Firstbits: 1pirata

Quote from: RaggedMonk on February 16, 2012, 08:52:27 PM

Do you have measures in place to detect and prevent structuring?

Does OKPAY know that you are using their service to exchange currency, instead of just sending money?

the service doesn't support structuring, i had to search this one on wikipedia http://en.wikipedia.org/wiki/Structuring

okpay complies on their part doing the exchange from various e-curencies

RaggedMonk

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Do you have measures in place to detect and prevent structuring?

Does OKPAY know that you are using their service to exchange currency, instead of just sending money?

Yankee (BitInstant)

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Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: paraipan on February 16, 2012, 08:47:45 PM

Quote from: RaggedMonk on February 16, 2012, 08:35:45 PM

Are you an employee or owner of CONTACT? Or are you some sort of affiliate? What is your AML program for this service?

affiliate thanks to okpay.com. I collect and store sender identification and receiver is identified before collecting funds. I comply with the service sending limits that are under AML regulations.

Thanks for the polite response.

I'm not familiar with OKpay's affiliate program with CONTACT, so let's leave it be.

*watching the thread*

paraipan

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Quote from: RaggedMonk on February 16, 2012, 08:35:45 PM

Are you an employee or owner of CONTACT? Or are you some sort of affiliate? What is your AML program for this service?

affiliate thanks to okpay.com. I collect and store sender identification and receiver is identified before collecting funds. I comply with the service sending limits that are under AML regulations.

Yankee (BitInstant)

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Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: paraipan on February 16, 2012, 08:01:51 PM

Quote from: BurtW on February 16, 2012, 07:48:03 PM

I was watching this idea and it looked very interesting to me. Actually looked like a fresh idea. What the hell where you thinking?

if you're so kind to read the post in the other thread you will understand my motives

Oh, I read it...many time. All I see is hypocrisy.

Your quotes:

Quote from: paraipan on February 16, 2012, 12:36:17 PM

Today a legal complaint against bitcoinica.com was filed with the Spanish authorities, given their legal status is unknown and any requests for providing information are left unanswered.
I strongly suggest anyone, having issues with bitcoin being associated with money laundering and unregulated speculation, doing the same thing in their jurisdiction. English translation is not available at this moment but will be faxed when ready to bitcoinica.com by the competent authorities.

Quote from: paraipan on February 16, 2012, 04:23:46 PM

I will withdraw my complaint if bitcoinica publicly proves that it had all the required documents and complies with AML regulations.

However, your essentially taking cash for a service without any AML compliance. Do you work for them? You realize this is illegal right?

FinCEN Law:

Quote

This guidance is intended to explain general issues concerning the registration requirement
under 31 CFR Part 103.
Solely an Agent. A business that is an MSB solely because it serves as an agent of another MSB is not
required to register.

Source: http://www.fincen.gov/financial_institutions/msb/pdf/FinCENfactsheet.pdf

Are you an agent of CONTACT?

-----

According yo your logic, I'm not trying to 'hate' on you right now so please dont take it personally. I'm simply trying to make sure everyone is following their 'AML regulations'.

paraipan

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Quote from: cablepair on February 16, 2012, 08:25:06 PM

I know your busy politicking right now but could you please answer my question? I am really interested in being a customer. If I could exchange Bitcoins for cash locally I would be doing this every week, you have an office about 30 miles from me, its a little ghetto quickie mart in the bad part of town but as long as I go in the morning or middle of the day I should not have to worry about getting shot...

That is what this thread is about isnt it? Your promoting this service? Well I have a Question..

thanks and sorry for not giving you the deserved attention, please send a PM with any questions you may have regarding your needs and i will gladly answer them all

finway

hero member

Activity: 714

Merit: 500

Do you have an office in China?

RaggedMonk

sr. member

Activity: 308

Merit: 250

Are you an employee or owner of CONTACT? Or are you some sort of affiliate? What is your AML program for this service?

cablepair

hero member

Activity: 896

Merit: 1000

Buy this account on March-2019. New Owner here!!

I know your busy politicking right now but could you please answer my question? I am really interested in being a customer. If I could exchange Bitcoins for cash locally I would be doing this every week, you have an office about 30 miles from me, its a little ghetto quickie mart in the bad part of town but as long as I go in the morning or middle of the day I should not have to worry about getting shot...

That is what this thread is about isnt it? Your promoting this service? Well I have a Question..

paraipan

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Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: BurtW on February 16, 2012, 07:48:03 PM

I was watching this idea and it looked very interesting to me. Actually looked like a fresh idea. What the hell where you thinking?

if you're so kind to read the post in the other thread you will understand my motives

BurtW

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Activity: 2646

Merit: 1131

All paid signature campaigns should be banned.

I was watching this idea and it looked very interesting to me. Actually looked like a fresh idea. What the hell where you thinking?

paraipan

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Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: Yankee (BitInstant) on February 16, 2012, 07:23:22 PM

Thanks for the update man. I cant believe he filed a complaint.

All respect gone.

Such a shame, I had a great proposal for him to make a boatload of money by working with us. Thats out the window

How can I trust him now

I don't know what kind of partnership we might had if you make case of such claims about me. Hope for the best and that people in the community see the danger before it hits them.

edit: any moderators around ? please help guys

cablepair

hero member

Activity: 896

Merit: 1000

Buy this account on March-2019. New Owner here!!

I am a little confused about this service

you say that you can go exchange Bitcoins for cash at any of these "offices"
but you also say funds will be available in 24-48 hours

can you elaborate (details please) on how I can go to my local quickie mart and get Apu to give me cash for Bitcoins?

bitcool

legendary

Activity: 1441

Merit: 1000

Live and enjoy experiments

A very short sighted act this guy did.

Topic: Send cash with bitcoins (+60 000 offices around the world) - page 2. (Read 5342 times)