Moneybookers withdrawal

Discussion in 'Payment Processing' started by sufi, Nov 11, 2006.

  1. #1
    Does anyone know how much fee do MB charge for withdrawing your cash via bank transfer? It says 3$ on their withdrawal page but I was wondering if there are any other charges besides the 3$? (like SWIFT etc.)
     
    sufi, Nov 11, 2006 IP
  2. seoindiaweb

    seoindiaweb Banned

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    #2
    Nope there's no charge at all except that they mentioned..
    but you might get some $$ less bcoz of exchange rate of local bank and international bank
    but moneybookers sucks big time.. they ask you to verify yourself by providing your personal documents like
    1) passport/id proof
    2) photo scanned
    3) you first need to send them money through bank transfer to verify yourself
    and after all these they take almost 1 week to approve your request
     
    seoindiaweb, Nov 11, 2006 IP
  3. sufi

    sufi Well-Known Member

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    #3
    Thanks for your reply. Everything is fine with me except the #3 point. I'll have to open USD account for that purpose. That sucks :(
     
    sufi, Nov 11, 2006 IP
  4. abdussamad

    abdussamad Active Member

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    #4
    You can't withdraw any money before you verify your account? Where on their website does it say that?
     
    abdussamad, Nov 12, 2006 IP
  5. deluxdon

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

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    #5
    Let me correct you on this seoindiaweb.

    If you verify yourself only by verification of your postal address then there is no need of any passpor/id proof,photo scanned or send them money through bank transfer.
     
    deluxdon, Nov 12, 2006 IP
  6. seoindiaweb

    seoindiaweb Banned

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    #6
    Yeah i agree with you DON:D
    infact but it takes time to verify by postal add so if you need money urgently than thats the best way that i think
     
    seoindiaweb, Nov 12, 2006 IP
  7. sufi

    sufi Well-Known Member

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    #7
    How do you verify your postal address? Do they send PIN like adsense?
     
    sufi, Nov 12, 2006 IP
  8. srijaga_cbe

    srijaga_cbe Peon

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    #8
    Hi Seoindia
    Im also from India. Could you give more details on using Moneybookers.
    1.Registering
    2.What kind of verification method for mine and "clients" wants to pay to me.
    3. Is there any option to use my clients without registering with moneybookers.
    3.Withdrawing money through check- How many days to arrive etc.

    Thanks
     
    srijaga_cbe, Nov 12, 2006 IP
  9. deluxdon

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

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    #9
    Yes. Moneybookers send us PIN through standard mail same as Google send us for adsense. It'll reach you between 8 to 20 days. Once you enter your PIN in your account area then you got verified.
     
    deluxdon, Nov 13, 2006 IP
  10. lovelylovely

    lovelylovely Guest

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    #10
    but still if u do pin verification ??? do u still have to send them bankwire funds first in order to recieve bankwire withdrawls later on ????
     
    lovelylovely, Nov 14, 2006 IP
  11. broco

    broco Peon

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    #11
    No, you don't have to. But if you do, it will increase your transaction limit by $2500
     
    broco, Nov 26, 2006 IP
  12. inworx

    inworx Peon

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    #12
    MY current limit is 1500 EUR

    and I havent verified my self...will this effect my abilities?
     
    inworx, Nov 26, 2006 IP
  13. gworld

    gworld Prominent Member

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    #13
    If you haven't start using it, then don't even think about it. They will not answer your email, they will not answer your fax and they will not answer if you call. Their system is a mess and getting verified is a hell. It will be much much much harder to get your money out of there than anything you had to do to earn it.
     
    gworld, Nov 26, 2006 IP
  14. agnivo007

    agnivo007 Peon

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    #14
    I just applied for mail based verification...lets see when it comes.
     
    agnivo007, Nov 27, 2006 IP
  15. Rage

    Rage Well-Known Member

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    #15
    Wrong!!!!

    Here is how its done: (in my case)

    - At First you need to send less than $20 to your bank account (wire transfer). You dont need a USD Account for that.
    - I receive my money within 3days (i think its a hell fast). With Transfer they send a Special verification code to you which can be found in Swift information your bank received... You need to enter that Code to your account in "Verify your account" option...
    - Once you enter right code... your account will be verified... No Need of Passport copy, No Picture required, No ID Card or stuff....

    Its very simple...

    IMO once you are verified (which is not that much difficult) there is then no problem At all...

    $3 per transfer is not that much... they pay fast and they really pay.... i never late receiving my money for more then 3 days... (excluding holidays, bank holidays)

    Hope I'll be a helpful post.
     
    Rage, Nov 27, 2006 IP
  16. deluxdon

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

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    #16
    You will receive verification code thorugh postal mail within a week or 10 days from them. Don't worry about that.

    :)
     
    deluxdon, Nov 27, 2006 IP
  17. broco

    broco Peon

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    #17
    I live in south east Asia and I get my address verivication code in 4 days. That's fast isn't it?
     
    broco, Dec 1, 2006 IP
  18. Angelus

    Angelus Well-Known Member

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    #18
    I believe it is standard for MB

    p.l.u.r.
     
    Angelus, Dec 1, 2006 IP
  19. ht125

    ht125 Notable Member

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    #19
    i have about $200 in my MB acct and cannot retrieve them , they has no way to ask for a check , they only want em to add a bank account which i dont have.
    i think my funds are frozen there
     
    ht125, Dec 5, 2006 IP
  20. rahulkr

    rahulkr Well-Known Member

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    #20
    I am a verified one, It took long 20 days to recieve the PIN. Still no idea how I can withdraw money through SWIFT.
     
    rahulkr, Dec 5, 2006 IP