JGWeissman comments on The Last Days of the Singularity Challenge - Less Wrong

19 Post author: Eliezer_Yudkowsky 26 February 2010 03:46AM

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Comment author: Vladimir_Golovin 27 February 2010 06:32:49PM 2 points [-]

Speaking of trivial inconveniences, the processing fees are nothing compared to dealing with checks via Russian banks -- it's a huge hassle.

For example, if you want to cash in a foreign check, they can't just give you the money -- they send the check back to the issuer for 'approval', who will send it back with the approval letter -- and when it's back, the bank charges you about 25% commission. I learned it the hard way, and never dealt with checks again.

As for issuing checks, I doubt that Russian banks can do that at all -- at least I haven't heard of anyone making payments by checks issued by Russian banks.

Comment author: JGWeissman 27 February 2010 06:47:23PM 0 points [-]

Wow, the Russian banking system sounds horrible, much more than a trivial inconvenience.

Comment author: Vladimir_Golovin 27 February 2010 07:25:03PM *  4 points [-]

I had another fun exercise when making this donation. I wanted to make it in January, but to transfer those $1450 from an e-payment system (thankfully not PayPal) to my bank account, I had to squeeze them through the daily transfer limits that randomly fluctuate each day from $1 to $450. That was kinda fun -- like gambling. As you see, it took me almost two months to complete, plus I lost another $27 to the transfer fees :)

Comment author: wedrifid 27 February 2010 11:10:15PM 0 points [-]

Which e-payment system has transfer limits like that?

Comment author: Vladimir_Golovin 27 February 2010 11:18:24PM *  0 points [-]