Moneybookers Review
Moneybookers is an online company that allow the transfer of money to be made via the internet. They have been in business since 2001, providing an electronic alternative to checks and money orders. They work for a number of websites, online auction sites, and poker rooms. Moneybookers has recently pulled out of the US market and no longer accepts any transactions from people living in the United States.
Moneybookers users benefit from increased security, compared to their competitors, as they require identity verification from all customers before being allowed access to the service. This strict protocol helps to limit cases of fraud and money laundering. Once completed, the verification process will allow you to transfer up to €20,000 within a 90-day period. The company itself is based in London, England and, as such, is regulated by the UK Government's Financial Services Authority (FSA). This ensures that Moneybookers business practices are held to the highest standards.
Moneybookers customers can receive and hold funds in 29 currencies, making them an ideal choice for poker players around the world. It is worth noting that, due to the restrictions of the UIGEA, Moneybookers do not currently allow US customers to make poker transfers. The most common methods for funding a Moneybookers account is by using a Credit or Debit card or by making an Electronic Funds Transfer. Withdrawals are mostly made by via Electronic Funds Transfer or check and are usually completed within a few days. Deposit and withdrawal fees vary based on your method and currency.
Having established themselves as the second most popular deposit method for poker players, and with over 5.2 million accounts to date, Moneybookers have built a reputation as a safe and secure method for managing your bankroll. They are accepted by a wide variety of poker sites, including Full Tilt, Poker Stars and Bodog Poker. |
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