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Thread: How do they do ?
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03-25-2004, 11:24 PM #1Web Hosting Master
- 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
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03-25-2004, 11:30 PM #2Junior Guru
- Join Date
- Dec 2001
- Posts
- 202
May I ask what country you are in? Were there any fees associated with the currency conversion?