Moneybookers is one of the most popular and successful international online payment methods in use today. The company is located in England and is governed by the financial institution known as the Financial Services Authority. One of the best things about Moneybookers is their ability to handle all types of transactions regardless of their size or quantity. Each transaction is handled through your e-mail address and can be either paid or transferred to bank accounts or credit/debit cards.

The services provided by Moneybookers are very cheap when compared to other methods of online monetary payments and all that is initially needed is an account with Moneybookers and a verified e-mail address. In general, Moneybookers can deal through almost every e-mail address. You may have e-mail through gmail, Google, Yahoo or a school or business e-mail and you will be able to transfer funds through Moneybookers. Account set up is relatively simple and safe and funds can be transmitted as soon as Moneybookers finishes a small verification check of your accounts or their corresponding cards.

Based on Internet surveys, Moneybookers is regarded as one of the finest online banking companies in the business. Many accounts of transactions completed through Moneybookers have received positive remarks. In addition, Moneybookers have received high marks for their customer service and transaction speed. If you are looking for a company that can handle almost every type of transaction at little cost in fees, Moneybookers might be one of your best options.

Pros

Security: Moneybookers are some of the most secure payment methods available. Each transaction is subject to multiple verification and accuracy checks before being completed. If a mistake is made, the mistake is clearly evident on your bank account statement.

Ease of Use: Moneybookers is one of the simplest and fastest payment methods in terms of sign up time and preparation. Most of your information is already recorded when you receive an invitation to use this payment method.

Customer Service: Moneybookers offers both constant telephone support and a quick reply e-mail support line for its current and potential customers. Payment disputes and general questions can be quickly and easily addressed using either of these methods. The average wait time for the telephone was very short at a mere 30 seconds.

Cons

Location: While this company is working hard to secure banks all over the world, there are a few locales that may not have any support from Moneybookers. You may need to check the specific availability for Moneybookers accepted banks before making a deposit.

Returned Checks: If there is a mistake, returned checks can sometimes have problems with bank and processing institution coordination. This means that returned checks can often take a long time to be reflected on bank accounts.

Fees: While there are generally few fees associated with making or receiving Moneybookers payments, you may be assessed fees by both the website and your financial company if your payment fails due to lack of funds. While fees from both companies are unlikely, special circumstances can result in such.

Deposit Limits

Most online casino websites impose Moneybookers deposit limits on all active accounts. However, these limits are usually more flexible than other forms of payment. Many sites simply require an e-mail to their financial department requesting a limit increase. If you have successfully completed Moneybookers payments at your current limit in the past, the company will usually oblige. Common Moneybookers deposit limits include:

Limit of $8,000 deposit per week.

Limits imposed twice a week of $4,000. (These limits will be reset on 2 days during the week).

Limit of $2,000 deposit every 24 hour period.

12 transaction limit imposed per 24 hour period.

Single payment limit of $800.

Necessary Verification

In most cases, your e-mail address is all that is needed to verify the source and destination of the funds. All other information is stored on Moneybookers’s database and they will handle the transaction details. In general, when making a payment, you should always have this additional information ready depending on your ultimate payment method:

Name Bank Relevant Account Numbers Credit Card Number Credit Card Expiration Date Telephone Number

Fund Availability

On average, the amount of time required for both payments and withdrawals to appear on your Moneybookers account is very low. Most of the time, transactions will be completed within 60 seconds.

Websites that Accept Moneybookers

Deposit

7 Sultans Casinos

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Withdrawal

Cherry Red Casino

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