Hello I just informed my client of US to make payment by Moneybookers instead of Paypal after hearing good reviews of Moneybookers in this forum. I have one quick query for Indians who have been using MB. I understand to withdraw funds by Bank transfer there is a flat fee of Euro 1.80. But being an international Wire Transfer, do I have incur any other fees? My bank has a direct SWIFT code at my local branch. Let me be more clear with an example: If the Client A wants to send US $ 500 by uploading his Credit card, the fees would be: 1) Incured by the Client A [for uploading ] : = 1.9% = 9.50 USD 2) Incured by the Client A [for sending ] : = 0.50 EURO 3) Incured by the Receiptant B [for Bank Transfer] = 1.80 EURO Is that all or anything else.... Please advise. If there is something still not known to me and get a quick guidance, I would still ask the client to switch back to Paypal. Thanks and Regards gopalgkb
sometimes the intermediary banks charge more fees, i think this cannot be predicted and maybe variable.