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  1. #1
    Join Date
    Mar 2004
    Posts
    1,016

    How do they do ?

    How do the Payment Processores (PayPal, Moneybookers etc..) do a Wire Transfer ?

    They just need get the SWIFT, Bank details and your account number with the bank, and credit the funds to your account directly within 10 days with a service Charge so low (Moneybooker Charges $2).

    I withdrew $200 and they (moneybookers) charged me $2 for wire transfer, and my Bnak charged $2. Total of $4 for a wire transfer.

    How could Moneybookers afford such a low service charge for a Wire Transfer ? Any Idea ?

    Anyway for me to do a Wire Transfer at a low rate as theirs ?
    When everything seems under control, you're just not going fast enough — Mario Andretti, Racer

  2. #2
    Join Date
    Dec 2001
    Posts
    202
    May I ask what country you are in? Were there any fees associated with the currency conversion?

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