Transfer Limit

Last activity 01 August 2014 by Fz1

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AYK_IrfanNew member22 July 2014 22:02:39

Asslamoalekum,
I want to know that how much amount of money I can transfer using my iqama assuming that my salary is 1000 SAR per month.
Actually I am using my Indian bank account to recharge my VoIP account and I also transfer VoIP credit to my friends. It can be called a business. So is it illegal? How can I do this task legally and transfer maximum money with my own iqama without involving my company where I work. And if I have to involve my company what should I do?

dmahendraMember27 July 2014 17:31:20

Dear friend there is no chance to do it legally,as doing this causes huge loss to the saudi com companies and recently i known that some of the people were raided and sent to jail for selling such credits.so think before you do something.regards

Fz1New member01 August 2014 17:09:11

International transfer limits are set by your bank - however the business you mention is not permissible, which I believe you do know yourself

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