moneybookers

I signed up for an account so that I can withdraw straight to my bank account. Does anyone have any experience with this? I cashed out last night and still nothing in my account. Should I get worried, or is there a holding period that anyone knows of? I never saw anything when I cashed it out....
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  • Good timing Reibs!


    Pain in tha azzzzzzzzzzz today moneybookers!!!!!



    Sorry had to let that out,lol


    If you cashed out last night, I believe it is 2-5 days for it to show up. :)


    (you are talking about money in moneybookers account withdrawing to your bank account right?)
  • Normally can't withdraw unless you deposit with moneybookers first.
  • moose wrote: »
    Normally can't withdraw unless you deposit with moneybookers first.

    Really hope this is not the case...They didn't give me any errors or anything saying I had to deposit first, just had to verify my bank account and id, etc.

    Yes Phil, trying to get it to bank acc. 2-5 days I can handle. Was trying to save the waiting period of cheque getting here, but its looking like this is more of a hassle than anything.
  • Did you first withdraw to Moneybookers from a poker site. which site and are you still waiting for it to show up in your Moneybookers account? Or did it show up in your MB account and then you tried to withdraw to your bank acct from there?
  • compuease wrote: »
    Did you first withdraw to Moneybookers from a poker site. which site and are you still waiting for it to show up in your Moneybookers account? Or did it show up in your MB account and then you tried to withdraw to your bank acct from there?

    Last night I withdrew from stars, it showed up in MB like 5 mins after. No probs. Then I set up my bank account info and requested the withdrawal from MB to bank account. MB said it went through no problem, but no funds in the bank yet.
  • Oh. You are better off requesting a cheque from Stars and depositing yourself.
  • moose wrote: »
    Oh. You are better off requesting a cheque from Stars and depositing yourself.

    Actually both Stars and Tilt are quick with cheques...
  • Also depending on your bank, you get hit with a fee cause it counts/is a wire transfer.
  • Yes I normally get cheques, as im in no hurry for the money. But this time I wanted it to pay for the wood for my fence that I had ordered. Thought it would be instantaneous for some reason. Anyways I found on their website after searching for a while that they do in fact have a 2-5 business day wait period. O well... Thanks guys.
  • I had a problem when I tried that so I haven't done a direct to bank transfer since. I tried transfering to a pc financial account and that didn't work. Somehow my cibc bank manager got a hold of it and put it in my cibc account for me. You will get wire transfer type of fees from your bank as well. I just do moneybookers cheques, takes like 1-2 weeks.
  • meh Stars cheques take like 5 days.
  • Yea from now on Im just gunna stick with the stars cheques. If you cash more then $1000 they courier it and the last time they did that it was here in like 2-3 days.

    O well...
  • Then wait 2-4 weeks for the bank to clear it IF you can find a bank that will take them.
  • I used Moneybookers exclusively from Sept 2009 til I left for China last August, after my bank (TD-CT) refused to cash several cheques I received from my main online poker room (Canadian room, but the cheques came from a UK bank).

    I opened a USD account and conducted several bankwires from Moneybookers, all from $1000-3000 over that year, and never had an issue. Always took about 3-5 business days to show up, but usually arrived on the 3rd or 4th day. If I remember, the first one took the longest though.

    I found it to be much less of a hassle then waiting for cheques in the mail, explaining to the bank where the money was coming from, and then waiting 4-6 weeks if they decided to put it through a collections service.
  • philliivey wrote: »
    Then wait 2-4 weeks for the bank to clear it IF you can find a bank that will take them.

    CIBC has never held any poker cheques on me at all from what I know....But I think the biggest I have deposited is like $1,200
  • philliivey wrote: »
    Then wait 2-4 weeks for the bank to clear it IF you can find a bank that will take them.
    Never had any checks held from either Stars or Tilt. Long time ago,3-4 years?? I had one held for $300-$400. from some small site, don't even recall who it was, Paradise perhaps?
    Two tricks, have a USD account and have your overdraft linked to your line of credit. That way no hold on any cheques at least up to your credit line balance.. Tell the bank the truth, they really don't care, unless perhaps the cheque is over $10k because of money laundering....Is that perhaps where it went wrong for you Philli? :)
    reibs wrote: »
    CIBC has never held any poker cheques on me at all from what I know....But I think the biggest I have deposited is like $1,200
    Ditto. for TD...
  • have your overdraft linked to your line of credit. That way no hold on any cheques at least up to your credit line balance

    That's good advice. :)

    I was never in a rush for the cash, like OP is in this case, so the wait for cheques was more of a nuisance than a problem.
  • Haha, I wish!

    Oh you guys got fancy accounts and such, that's why.

    Last time I got a cheque it was actually a cheque from Canadian bank and the bank still freaked out and really did not even want to take it and had to wait weeks for them to clear it. ( was about 2 years ago), just went with payment processors since.


    p.s.

    Bank tellers are not the swiftest here.
  • Believe me Phill, I've never had a poker check cashout for $10K.... lol... It's not a fancy account other than if you consider a US account fancy...
  • Last cheque from Stars for 3.5k was held for a month by BMO in my US bank accnt. If you need the money - don't gamble.
  • What is the total cost of a Moneybookers wire transfer to a U$ account? I just cashed out via wire transfer directly from a poker site, but after a full week, it was still under review. After reading the horror stories on 2+2 about players having all their winnings confiscated after trying to cash out of FTP and other sites, I was getting worried. It finally went through, with the fees from the intermediary bank and TD totalling $38. Does a Moneybookers wire transfer to TD cost less?
    BuyinBank wrote: »
    I opened a USD account and conducted several bankwires from Moneybookers, all from $1000-3000 over that year, and never had an issue.
  • If I remember correctly, it was either $1.90 or $3.90/transfer.

    I'm in China now, so I can't access my account without a VPN to check, and the internet is not cooperating at the moment.

    With the USD bank account linked, there are no other fees for currency conversion.
  • BlondeFish wrote: »
    What is the total cost of a Moneybookers wire transfer to a U$ account? I just cashed out via wire transfer directly from a poker site, but after a full week, it was still under review. After reading the horror stories on 2+2 about players having all their winnings confiscated after trying to cash out of FTP and other sites, I was getting worried. It finally went through, with the fees from the intermediary bank and TD totalling $38. Does a Moneybookers wire transfer to TD cost less?



    38 DOLLARS!!!!!:o


    Your getting ripped off, that is -ev blondefish, are you losing your touch.:p



    I thought it was bad enough the 15 bucks at Royal Bank.
  • I would imagine most of those fees come from your bank for receiving a wire transfer not from the sender.
  • moose wrote: »
    I would imagine most of those fees come from your bank for receiving a wire transfer not from the sender.

    The fees are charged by the intermediary/sending banks.
    My last wire was only $10 + MB fees.
  • I was going to start playing online but with some of these horror stories I am beginning to think it's not worth the hassel.
  • Hobbes wrote: »
    My last wire was only $10 + MB fees.
    Was the wire to TD? How much are the Moneybookers fees? My poker site doesn't charge for the wire, but it is the intermediary Bank of America that charges the extra rip-off fee of $28. I am wondering if Moneybookers uses a different intermediary bank to wire to TD such that it would be cheaper to use MB instead of the site.
    HVEEPOKER wrote: »
    I was going to start playing online but with some of these horror stories I am beginning to think it's not worth the hassel.
    I didn't see any online horror stories in this thread, but about a whole bunch of forumers winning online and figuring out the best method to cash out their winnings.
  • MB uses a bank in Germany. And yes the wire was to my US$ TD account

    I cannot remember what mb fees were but they are posted on the site
  • I know it was on a thread here somewhere in regards to funds being confinscated and such Blondefish. I know 3 years ago I was able to make deposits on My Credit Card. 3 months later I had cashed out. Recieved a cheque from Absolute. Waited 6 days for it to clear.
    A couple of months later I tried to make another deposit and RBC VISA would not let it go through. I had stopped Playing and I got an email from Absolute, Before Ub took over, I hadn't played for awhile. They gave me a whole 10 bucks to try and get me back to the tables. Way too many hoops to jump through IMO. Just to make a friking deposit.
  • HVEEPOKER wrote: »
    Way too many hoops to jump through IMO. Just to make a friking deposit.
    You do realize it has nothing to do with the poker sites that make it difficult. They would love it to be real easy.
    It is the fight against money laundering that is causing these prob's. Just don't deposit, only withdraw and you're fine. :)
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