Money withdrawal from moneybookers?

Discussion in 'Payment Processing' started by mak4bd, Apr 23, 2007.

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  1. #1
    hello,
    i just got the mail from moneybookers.its dated 17th and i got it on 23 th instant. well now i verified my moneybookers account. but i dn't knw how can i withdraw money in bangladesh?
    [​IMG]
    i want to withdraw money by check. but i don't have anyidea how to do so. i don't have any account verified and i don't want to go through that.as u can c in the pic there is a "*" sign on the check symbol and it mean "* Available to residents of OECD countries only"
    can someone plz describe how i can get the money in hand.
    thanks in advance.
     
    mak4bd, Apr 23, 2007 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    You should be able to withdraw to your bank account using SWIFT or Wire Transfer. If you have not added a bank account in your MB account, you should do so before you can withdraw.
     
    eddy2099, Apr 23, 2007 IP
  3. mak4bd

    mak4bd Banned

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    #3
    i don't have any idea about SWIFT but knw about WT. but as i mentioned i don't have any bankaccount. then how can i withdraw money? is this necessary to create a bank account?
    plz post in details. thanks

    also they verified my account through mail.they sent a mail to my address and there was link. i am thinking they sent a mail from UK to Bangladesh . will they charge back for that later on?
     
    mak4bd, Apr 23, 2007 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #4
    You said in your first post that you want to withdraw money by check and in second post you said that you don't have any bank account. My question is without bank account what you do with your check :confused: :eek: because you have to deposit your check in your bank account only.
     
    deluxdon, Apr 23, 2007 IP
  5. eddy2099

    eddy2099 Peon

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    #5
    Yes, you need to have a bank account in order to withdraw money from moneybookers. Besides even if they allow you to withdraw your funds through a check, you still need a bank account to encash the check in.

    Go to the bank you set up your bank account (it can be a savings account) and then ask your bank what their SWIFT Code is. It is a 8 or 11 digit alphanumeric number which identify the bank. The bank will know.

    Once you set up the bank details in Moneybookers, the withdrawal option to your bank will be enabled then all you need to do is to determine how much you want to withdraw and MB will get your money into your bank account.
     
    eddy2099, Apr 23, 2007 IP
  6. mak4bd

    mak4bd Banned

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    #6
    thanks to eddy. so i need a bank account anyhow. by check i thought i was something like fedex delivery by google. well is it safe? can moneybooker takeout money from my bank account after i verify it? also i think my bank will take some processing fees too. how long does it take the money to reach the bank account after i withdraw it?
    as far now i understand that SWIFT is better process then check but how long will it take the money to reach the account?
     
    mak4bd, Apr 23, 2007 IP
  7. eddy2099

    eddy2099 Peon

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    #7
    Google is not a payment system. If you are thinking about the Adsense checks from Google, they still need to go into a bank account. Checks are safe because it would be exclusively under your own name so if someone steals it, they cannot encash it and thus they cannot get the money. The only issue is how reliable the postal service is in your country.

    Yes, you should be able to withdraw your money from Moneybookers to your bank account via SWIFT and that should take a few days probably not more than a week. In most countries, it should take 2 to 3 days.

    Of course, there would be bank charges but it depends on your bank. Basically anything which involves the bank, you be sure there is some kind of charges, it just depends on who pays.
     
    eddy2099, Apr 23, 2007 IP
  8. mak4bd

    mak4bd Banned

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    #8
    thanks bro . u really helped.
     
    mak4bd, Apr 23, 2007 IP
  9. HubertSEO

    HubertSEO Banned

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    #9
    Try searching google with thses words:
    <your bank name> SWIFT (or just call them and ask their swift code).
    Moneybookers require that code for international bank transfers. This is like the bank identification code. If youre still having troubles - PM me, i will help you with the bank transfer. For free.:)
     
    HubertSEO, Apr 23, 2007 IP
  10. uttoransen

    uttoransen Prominent Member

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    #10
    get a bank account, and ask them about the swift code! they will tell you, you just need to ask the expert in the bank!

    i got my money bookers account verified few days back, i got the swift code for sbi, now i just have to get some money in the MB account before i withdraw!
    try the bank transfer, i don't suggest the checks, they take a long time to come!:)
     
    uttoransen, Apr 24, 2007 IP
  11. mak4bd

    mak4bd Banned

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    #11
    i don't get that point. y do u have to upload some money before u can withdraw. i already got some money from ppl who sent me. but is that necessary to upload be u can withdraw. or u just said becaz u didn't have any money in the accoutn?
     
    mak4bd, Apr 25, 2007 IP
  12. eddy2099

    eddy2099 Peon

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    #12
    I believe that the loading from your bank account is one of the ways to verify your bank account. Of course, if your bank account is registered, you should be fine.
     
    eddy2099, Apr 25, 2007 IP
  13. kenbiz

    kenbiz Well-Known Member

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    #13
    May i know MoneyBooker a free or a paid merchant account that we can apply?

    I am interested to get to know what do you think about MB services.

    Thanks in advance.
     
    kenbiz, Apr 25, 2007 IP
  14. sufi

    sufi Well-Known Member

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    #14
    You can join for free, there is a 1% sending money fee (upto 50 cents). There is also some fee when you withdraw your money into your bank account.
     
    sufi, Apr 25, 2007 IP
  15. kenbiz

    kenbiz Well-Known Member

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    #15
    Hi sufi,

    Thanks for your info about MB, will try it out for my online business going to launch soon.
     
    kenbiz, Apr 26, 2007 IP
  16. hanz

    hanz Peon

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    #16
    or you could just check the website of your bank, I am sure they also have it there ;)
     
    hanz, Apr 26, 2007 IP
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