need info regarding moneybookers

Hello Friends,

I have one paypal account but my money got stuck in air just due to RBI issues last month now they are saying that you can get back the month with in 14 days. hmmmm...

In between i just made a account on moneybookers and i verified that account but i'm not aware of how much they charge to transfer money from my booker account to my Indian bank account i coudn't find the info how to contact them regarding this..

Yesterday i got the mail from moneybooker in which they say :-

Send money around the world much cheaper than with traditional financial institutions? We charge only a fraction of the usual costs.

It´s also much easier: You do not need to bother with BIC, SWIFT, IBAN, ABA or account numbers anymore, all you need is an email address.

Helo me ppl i really the need....

Thanks!

 

i havent done it but i think its in the range of 50-250

 

Thanks @Bohra for the reply Just want to know 50 - 250 INR for one transaction n how much money i can transfer in one transaction

 

as much as your limit permit, verify your address, credit card, bank account and you'll rise your limit

 

i got the letter from moneybooker to verify my account i just verified it with my address just want to know one single question is that really safe withdrawing money from moneybooker to my indian bank account my money is already stuck in air in paypal account last month. so just want to sure ...

thanks!

 

I'm doing it for +1 year and it has been always safe and smooth

 

thanks for reply so nice of you but i think you are not from INDIA i think problem is only with the INDIAN bank account .

 

moneybookers is ok, but not friendly way to accept payments like paypal, but you can even use it for gambling business

 

I did one transaction takes 6-7 days time. But not so bad

 

when u transfer fund from your Moneybookers to your bank account .Moneybookers deduct 111 INR and once the money goes in your bank acount .Bank charges 90 rupees so in total 200 INR per transaction also they are slow (Takes 5-8) days per transaction . Btw they are much more reliable than Paypal .

 

thanks @jhn2001 for the info so how much i can transfer in one transaction like in paypal less than 7000 they charge something and more than 7000 their is no charge, wat if i withdraw 20k in one transaction then they charge only 200INR is i'm correct please help me.

Thanks!

 

to the OP. I am doing moneybookers withdraws from past more than 2 years. I never had any problem with them and I get funds within 7-8 days after withdraw request. HOWEVER STARTING FROM JAN. 2010 SOME INTERMEDIARY BANKS STARTED IMPOSING $15 WITH EACH WITHDRAWL TO MY INDIAN SBI BANK ACCOUNT WHICH IS INSANE. I CONTACTED MONEYBOOKERS MULTIPLE TIMES AND THEY SAID THESE COSTS ARE CHARGED BY INTERMEDIARY BANKS AND THEY DON'T HAVE ANY CONTROLS OVER IT. HOWEVER MONEBOOKERS FEE IS ONLY 1.80 EURO PER TRANSACTION.

hope it helps.

 

@dhpd22

This is seriously insane bro i don't know exactly what is going on ....regarding the payment process all INDIAN ppl suffering from this ... and it seems their is no solution for this in future or may be ...let hope seriously confused

thanks for the info bro ...

 

Yes mate due to this I have planned to withdraw funds from 2 months. As it ll reduce some costs and save my money

 

Same here bro me is also thinking the same way i hope we can save the money by this or we find the right way to save our hard work money.

Just hoping for the best

 

Probably you did last transaction on last year

Moneybookers not so good for small amount like $50, I got ultimately $38-$39 in my hand. Don't have any idea regarding big amount.

 

I have used Moneybooker once but it is not too each to operate like paypal and they deduct much fees comparison to paypal.