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Thread: Is It Possible To Deposit Money In Payoneer Card From Bangladesh?

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    Question Is It Possible To Deposit Money In Payoneer Card From Bangladesh?

    Title says it all. As far as I know, it's not. But, I'm not sure. Tagging a few users who I think might help: @CvP , @Wintereise , @salmanshah , @avas911

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    No.

    The message you have entered is too short. Please lengthen your message to at least 5 characters.

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    No you can't deposit money to your pioneer card from BD

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    Ato restriction thakle to valo lage na! Might have something to do with the stupid bank policies in this country. eh?

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    Not might, it does. Govt. does not allow you to send currency outside digitally without a very valid reason.

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    @Kevepeter:

    Hi, I'm Nissim, a Community Manager at Payoneer.

    I cannot comment on the specific financial and banking regulations in Bangladesh as I am not familiar with them, however I can say that Payoneer does support Bangladesh. Additionally, once you receive a payment from your partner/affiliate account anyone may load your card via Visa/MasterCard by going to our website and selecting "load money to a card."
    Last edited by Nissim-Payoneer; January 2nd, 2012 at 15:24. Reason: typo
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    Quote Originally Posted by Nissim-Payoneer View Post
    @Kevepeter:

    Hi, I'm Nissim, a Community Manager at Payoneer.

    I cannot comment on the specific financial and banking regulations in Bangladesh as I am not familiar with them, however I can say that Payoneer does support Bangladesh. Additionally, once you receive a payment from your partner/affiliate account anyone may load your card via Visa/MasterCard by going to our website and selecting "load money to a card."
    We can only withdraw money from payoneer card from our country but not deposit any money to payoneer card. isn't it?

  8. #8

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    Payoneer itself does not impose any restrictions on the card. We allow private loads and partner/affiliate loads, as will all countries we support. I just wanted to make that clear, and point out that if you were unable to transfer funds onto your Payoneer card it would be due to restrictions imposed by your country's government/banking system.

    As I mentioned, I'm not personally familiar with them, however there have been some useful posts above and I'm sure other members here would be more familiar with your countries local laws and regulations regarding the matter.
    Nissim A.
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    @Nissim-Payoneer, that's right. I also read on DP that this issue has something to do with the banking policies imposed by our government. It does not make sense that our government imposed such prohibition. Thanks for your post by the way.

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    Quote Originally Posted by Nissim-Payoneer View Post
    Payoneer itself does not impose any restrictions on the card. We allow private loads and partner/affiliate loads, as will all countries we support. I just wanted to make that clear, and point out that if you were unable to transfer funds onto your Payoneer card it would be due to restrictions imposed by your country's government/banking system.

    As I mentioned, I'm not personally familiar with them, however there have been some useful posts above and I'm sure other members here would be more familiar with your countries local laws and regulations regarding the matter.
    Yeah, that's what I was talking about. It is restricted by our government.

    btw, how did you get here. just curious..
    Last edited by salmanshah; January 3rd, 2012 at 03:27.

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    Quote Originally Posted by Kevepeter View Post
    @Nissim-Payoneer, that's right. I also read on DP that this issue has something to do with the banking policies imposed by our government. It does not make sense that our government imposed such prohibition. Thanks for your post by the way.
    It is unfortunate but it does make perfect sense for a country whose currency value keeps falling against dollar.

    Someone from economics should be able to explain this in detail.
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  12. #12

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    Quote Originally Posted by salmanshah View Post

    btw, how did you get here. just curious..
    Going through user feedback/discussions and joining in the conversation is actually very important to us at Payoneer. I often search around the web for conversations or comments about Payoneer, and I noticed a few threads about us here....so here I am

    We often get really great suggestions from forums and blogs, in addition to negative feeback (which is sometimes even more useful).
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  13. #13

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    Quote Originally Posted by CvP View Post
    It is unfortunate but it does make perfect sense for a country whose currency value keeps falling against dollar.

    Someone from economics should be able to explain this in detail.
    it has everything to do with keeping the currency stable. since a lot of the countries income comes from exports. the government can not allows the price of usd to go up, as it will make our exports cheaper for foreign countries. this would result in bangladeshi exporters to loose money. the price of usd goes up if we start importing more. this is because a rise in demand for anything causes its price to go up. we buy imported goods with usd. therefore more imports equals a rise in demand for usd causing price of usd to go up. if bangladeshi exporters start loosing money in the end the country suffers. so to prevent this usd cannot be allowed to go up or fall very significantly as it might make exports expensive. so foreign firms will stop buying our exports.to prevent this the government tries to keep the exchange rate at 1$=75taka to 85 taka. demand for imports can be restricted to achieve this. which is why imported goods are so expensive here. sending usd outside of the country also reduces the supply of usd to fall. as a result the price of usd goes up. there is a lot more to this then i can explain in a paragraph. but this information is relevent to this thread.

    i hope i could make you understand this from and economics point of view.

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