Posted by Onavo 8 hours ago
You can circumvent international wire transfers for cheaper and faster
The same banks give less scrutiny to domestic transfers so just convert your international wires into domestic ones - from the domestic exchange to your domestic bank account
We’ve done that specifically with our Indian vendors and vice versa for 10 years
there are options that are stable and regulated, so there is absolutely no reason to appeal to the authority of an antiquated and onerous regulation
I don't think they ever saw that funding in the first place, if I'm reading "not waiting for the disbursal before making big announcements" correctly. I guess you need to be disappointed about them never receiving it in the first place, although it doesn't seem like the project owner would necessarily agree with you.