MoneyBookers?

[Kn1ght]

Alright so is anyone here from Canada. I want to use MB, but when I try to withdraw my money to my bank account, after 5 days they tell me the bank account is invalid or something.

When i add my bank account all they ask for is the SWIFT code and the Account number. Wouldn't they need anything else? Like including the branch/transit number into the account number?

I also heard that they have large fees when wiring you the money, since it's from the UK, can anyone confirm that?

Hope someone can help me out .

Kn1ght Reviewed by Kn1ght on 9th Oct 2010. MoneyBookers? Alright so is anyone here from Canada. I want to use MB, but when I try to withdraw my money to my bank account, after 5 days they tell me the bank account is invalid or something. When i add my bank account all they ask for is the SWIFT code and the Account number. Wouldn't they need anything else? Like including the branch/transit number into the account number? I also heard that they have large fees when wiring you the money, since it's from the UK, can anyone confirm that? Hope Rating: 5

[Mind Freak]

1> Yea They Need Swift Code and Account Number only
Account Number u must have already and u can get swift code on ur cheque book or via ur local branch

2> Yes They charge quite a hefty amount of fees while withdrawing so i mostly dont withdraw from der i always prefer pp

But yea moneybookers can limit ur account maybe anytime for security reasons and may ask you for ur legal documents to be sent to them
So always be prepared with the legal documents

Legal Documents should of the Account holders name

All the info must match the info u filled during the sign up

because a small mishap can permalimit your account causing you to loose all your money

[Kn1ght]

Yea I did that, I entered the SWIFT CODE, and Account number and when I try to withdraw, 5 days later get an e-mail saying withdrawal failed.

So I was wondering if including the branch/transit number into the account number would work?

I mean even PP has fees, but everyone says MB has less fees, is that true about withdrawing as well?

[Mind Freak]

Transaction Fees is less in MB

but Withdrawl fees is quite high and i don't know your bank problem better contact mb support

[Kn1ght]

Yea I guess I will e-mail them again :/.

And here are the fees, not too much for bank transfer !

http://www.moneybookers.com/app/help...e_currency=USD

[wf?9]

Yes but they send money in Euros irrespective of the currency selected so banks charge for conversion. You might end up getting lesser than you expected.

[Mind Freak]

yep +1 warezfreak09

[deep.j1]

+1 cyberfreak..!!

[Angeix]

I quite like moneybooker's myself.

Always had a issue with the verfcation steps.

[fanturo]

Keep in mind that MB omissions are very high