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  #1  
Old 03-25-2004, 11:24 PM
openXS openXS is offline
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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 ?

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  #2  
Old 03-25-2004, 11:30 PM
pjs pjs is offline
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Join Date: Dec 2001
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May I ask what country you are in? Were there any fees associated with the currency conversion?

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