What Is Moneybookers?
According to Wikipedia, Moneybookers is a UK-based fund-transfer company, resembling PayPal, which allows people to send and receive money via e-mail. Users can send money from a credit card, or transfer money to and from a bank account in most OECD countries. Moneybookers is free for sellers except for a flat fee to withdraw funds by check or to bank account. As a security measure Moneybookers does limit transfers received by accounts to the thousands of dollars or euros. Unlike many competing online fund transfer services, Moneybookers requires identity verification before using their service; this minimizes fraud and prevents money laundering. Additional verification steps raise the maximum amount transferable to EUR 20,000 or equivalent within a 90-day period. Moneybookers does not usually get involved in merchandise disputes and the availability of credit card charge backs may be limited. Merchant accounts are available to qualified applicants.
Accepted currencies
As of March 2006, Moneybookers accepts the following currencies:
- Australian dollar
- Bulgarian lev
- Canadian dollar
- Czech koruna
- Danish krone
- Estonian kroon
- Euro
- Hong Kong dollar
- Hungarian forint
- Icelandic króna
- Indian rupee
- Israeli new sheqel
- Japanese yen
- Latvian lats
- Malaysian ringgit
- New Zealand dollar
- Norwegian krone
- Polish zloty
- Romanian leu
- Singapore dollar
- Slovak koruna
- Slovenian tolar
- South African rand
- South Korean won
- Swedish krona
- Swiss franc
- Taiwan dollar
- Thai baht
- United Kingdom pounds
- United States dollar
You too can open your own Moneybookers account right away! Click here now!
