| Pages in topic: < [1 2] | Why cannot people in the USA use moneybookers? Thread poster: Shouguang Cao
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Oleg Rudavin 
Ukraine
Local time: 03:53
Member (2003)
English to Ukrainian
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| The thread turned into an exchange of opinons about MB... | Nov 11, 2008 |
My experience:
I had had funds accumulating at my MB account due to withdrawal/transfer limits. I asked them for an increase of these limits; they wanted docs as a proof of my identity; I took my digital camera, made a few pictures and uploaded them via the MB site; they offered me a merchant account (wiich would mean 3% fees for all transactions); I refused; they didn't insist.
As a result, I'm still using my personal (or whatever it's called) account with the transaction lim... See more My experience:
I had had funds accumulating at my MB account due to withdrawal/transfer limits. I asked them for an increase of these limits; they wanted docs as a proof of my identity; I took my digital camera, made a few pictures and uploaded them via the MB site; they offered me a merchant account (wiich would mean 3% fees for all transactions); I refused; they didn't insist.
As a result, I'm still using my personal (or whatever it's called) account with the transaction limit of EUR 20,000 per quarter (which is quite enough as it's just an alternative/additional method of making/accepting payments). Even though particular transactions were for the amounts in excess of EUR 5K (both ways), I never had any problems, and the fee they charge for transferring large amounts is still the same: EUR 0.50
Cheers,
Oleg ▲ Collapse
| | | | Rahi Moosavi
Canada
Local time: 20:53
Member (2004)
English to Persian (Farsi)
+ ...
Nicole Schnell wrote: As a test - you tried to open an account under false pretenses, and they wouldn't accept it. I like that. As a US resident or citizen you have to provide some personal data, SSN as well as a credit card to back up your account. 
Is it so hard to imagine? just try opening a new account, once you state you're from the states, system locks you out with no questions asked, so no SSN or anything would change that.
| | | | Nicole Schnell
United States
Local time: 17:53
English to German
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In memoriam
I couldn't continue because it said that my email address was already used - well, that's my existing account.
No complaints though when I chose United States.
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Ralf Lemster
Germany
Local time: 02:53
English to German
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Hi all,
Could it be that the IP address is checked during the registration process, rejecting any application with an apparent mismatch to the country specified?
Best, Ralf
| | | | Vito Smolej
Germany
Local time: 02:53
Member (2004)
English to Slovenian
+ ...
SITE LOCALIZER | Excellent point, Ralf... | Nov 13, 2008 |
Could it be that the IP address is checked during the registration process, rejecting any application with an apparent mismatch to the country specified?
it's called ... er ... due dilligence (g)?
| | | | | Answers to Samuel | Nov 13, 2008 |
Samuel Murray wrote: Katalin Horvath McClure wrote:
...you could not upload funds from a US bank account. You had to make a wire transfer to MB's bank account... What's the difference between "uploading" money and "wiring" money?
What I meant by "uploading" is using your registered bank account or credit card to put money into your MB account, performing the entire transaction online, normally without fees or with small fees.
On the other hand, "wiring" money involves requesting your own bank to perform a traditional wire transfer from your traditional bank account to another traditional bank account (when I tried to do this, I would have had to wire money to a German bank where MB had their accounts). This (in most cases) involves physically going to your bank's branch office, filling out paperwork, signing it, and paying the wire transfer fees (which are quite high). This is just to put your money into your MB account. THEN, when you send money from your MB account, MB assesses their own fees on that transaction.
So, "uploading" (definition above) was not possible from the US, using a US bank account, that's what I meant. So, if a US company wants to send money to an MB user, they would have to pay the regular bank wiring fees PLUS whatever MB charges. So, it does not make sense to use MB, because they might just as well wire the money into the end-recipient's bank account. That's what I meant.
So, in essence you saved nothing, because you had to do a bank wire transfer (and pay the fees) anyway. I suspect some US clients regard PayPal and Moneybookers as being the same type of service. They are not the same. PayPal saves party X money, and gets its fees from party Y. MB saves party Y money, and gets is fees from party X. The fees are the same -- the difference lies in who pays it.
I guess my explanation above will make it clear what I meant. Of course, there are fees both with MB and PP, but the fact that you have to make an additional international bank wire transfer for MB is probably a hurdle that US companies don't want to deal with. (For a European company it is probably not an issue, as the IBAN system allows for free wires, but it does not work from moneys sent from the US.)
Katalin
| | | | Olga Miller
United States
Local time: 20:53
Member (2007)
English to Russian
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| Moneybookers USA vs. Moneybookers International | Jun 27, 2009 |
I have had a Moneybookers account (I am in the USA) for 2 years; setting up the account and receiving money from clients in Europe had never been a problem until about 2 months ago.
MB introduced a thing called Moneybookers USA (vs Moneybookers International, where I originally registered) - and now MB does not support the Send Payment function between International Customers (e.g. in Europe) and US Customers.
My clients in Europe has tried sending money to my account ... See more I have had a Moneybookers account (I am in the USA) for 2 years; setting up the account and receiving money from clients in Europe had never been a problem until about 2 months ago.
MB introduced a thing called Moneybookers USA (vs Moneybookers International, where I originally registered) - and now MB does not support the Send Payment function between International Customers (e.g. in Europe) and US Customers.
My clients in Europe has tried sending money to my account and here is the message they get:
TRANSACTION NOT ALLOWED
Payments between international customers and US customers using the Send Money service are not supported.
I do not know why MB decided to intriduce this new rule; in any case, I guess I now can just close my account with them, because I have no need for it any more - I only needed it as a fast and secure way to receive money from clients abroad (outside the USA). ▲ Collapse
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I have not researched this, but I'm pretty sure the reason is that MB allows transfers with gambling/sports betting sites, which the US administration frowns upon (they want the tax revenue that comes from gambling in domestic casinos and bookmakers, obviously).
I'm guessing MB run into legal problems in the US, where using international gambling websites is illegal, and decided to just set up a US domestic branch and cut it off from the MB international. This way they can't be harassed fo... See more I have not researched this, but I'm pretty sure the reason is that MB allows transfers with gambling/sports betting sites, which the US administration frowns upon (they want the tax revenue that comes from gambling in domestic casinos and bookmakers, obviously).
I'm guessing MB run into legal problems in the US, where using international gambling websites is illegal, and decided to just set up a US domestic branch and cut it off from the MB international. This way they can't be harassed for assisting people in getting around the gambling regulations.
[Edited at 2009-06-27 18:43 GMT] ▲ Collapse
| | | | Beba Maranz
Switzerland
Local time: 02:53
German to French
+ ...
| Moneybookers payments from the USA | Jun 28, 2009 |
It is a mere hypothesis, I haven't yet managed to look into it. Would it be indirectly linked to the UIGEA law on gambling transactions forbidding financial institutions to export related payments from the United States and enforcing such strict controls as to incite said provider to give it up?
| | | | | Not using online payment | Jul 1, 2009 |
ST Translations wrote: From my own personal experience, I would strongly recommend not becoming a member of Moneybookers. They have asked me for several documents (which I have no problem with - after all it's for my own security). The problem I have is the way they have dealt with it. Here's just one example: I faxed them a bank statement for verification purposes and they said it was out of date (actually it was not, they misread it). They make things drawn out and complicated, because they are incompetent. If you are a busy person who doesn't have loads of time to waste, or you don't have the patience of a saint, don't use Moneybookers!
Reading the above message could really arouse my interest in talking a little bit about the online payment, such as Paypal, Moneybookers...
Frankly, I have received some small sums of payment before, but never tried to withdraw money from the paypal, although I learned that the withdraw process could be a big problem or tiresome in many cases. The funny thing is that as result of the conveniences of the translation companies for a time, I have suffered a lot of troubles and the incredible charges of amazing 90 USD by trying to withdraw money from payal from the end of the May to now. Actually, I have to be waiting for a few more days before knowing the results. Maybe I should write down the details by the time when I finish the Marathon of withdraw.
Not long before, someone suggested that I should use Moneybooker, which is said to be better than Paypal. Now I understand it's better not to use any online payment in receiving. The safest way, or the best way, is bank wire as I used to take over the payment. That's all for that.
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Sorry, I posted under the wrong thread.
[Edited at 2011-03-01 16:39 GMT]
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